Welcome to our dedicated page for Fortuna Mining news (Ticker: FSM), a resource for investors and traders seeking the latest updates and insights on Fortuna Mining stock.
Fortuna Mining Corp. (NYSE: FSM, TSX: FVI) generates a steady flow of news related to its precious metals mining operations in Latin America and West Africa. As a Canadian company with three operating mines and a portfolio of exploration projects in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal, its disclosures cover production performance, project development, exploration results, and corporate actions.
News updates frequently focus on quarterly and annual production, expressed in gold equivalent ounces (GEO) that combine gold, silver, lead, and zinc. Recent releases detail record gold production at the Séguéla Mine in Côte d’Ivoire, consolidated GEO output from ongoing operations, and guidance ranges for future GEO production, cash costs, and all-in sustaining costs. Operational updates also describe mine-specific events, such as mechanical downtime and subsequent remediation at the Lindero Mine in Argentina, and strong base metal production at the Caylloma Mine in Peru.
Investors following FSM news will also see extensive coverage of growth projects and exploration. Fortuna reports on Mineral Reserve and Mineral Resource updates at Séguéla, underground studies at the Sunbird deposit, and drilling results that expand mineralization at both Séguéla and the Diamba Sud Gold Project in Senegal. Technical milestones, including the filing of NI 43-101 reports and the award of feasibility and plant expansion studies, are regular topics.
Corporate and financial news items include quarterly financial results, liquidity and net cash positions, and share repurchases under the company’s normal course issuer bid. Together, these updates provide context on Fortuna’s operating performance, project pipeline, and capital allocation. Bookmark this page to review the latest FSM production reports, exploration results, technical studies, and regulatory announcements as they are released.
Fortuna (NYSE: FSM) updated Séguéla Mine Mineral Reserves and Resources as of Dec 31, 2025. Proven and Probable Mineral Reserves total 16.0 million tonnes at 3.01 g/t Au, containing 1.54 million ounces of gold, a 31% increase in contained ounces since Oct 31, 2025, driven by the first-time underground reserve at Sunbird (3.47 Mt at 3.60 g/t; 401 koz). Mine life now exceeds 9 years at the current 1.75 Mtpa rate. A processing plant expansion study targets 2.0–2.5 Mtpa and >200,000 oz annual production, with study completion targeted in Q2 2026.
Fortuna Mining (NYSE: FSM) reported full-year 2025 GEO production of 317,001 ounces, meeting its 2025 guidance range of 309,000–339,000 GEO. Production from ongoing operations was 279,207 GEO. Séguéla delivered record gold of 152,426 oz, about 4% above the upper guidance. Lindero produced 87,489 oz, missing guidance after Q4 crusher and HPGR downtime; repairs and a planned 30-day foundation replacement (est. $2.2M) are scheduled in 2026. Fortuna ended 2025 with estimated liquidity of $704M and net cash of $382M, and is budgeting ~$100M for Diamba Sud as it targets a mid‑2026 construction decision. 2026 consolidated GEO guidance: 281,000–305,000 with AISC $1,830–1,975/oz.
Fortuna (NYSE: FSM) repurchased 1,700,000 common shares on the NYSE between Dec 23, 2025 and Jan 7, 2026 at a weighted-average price of $10.01, for total gross consideration of $17,019,894 (excluding brokerage). All repurchased shares will be cancelled.
The repurchased shares represent approximately 11% of the 15,347,999 shares authorized under the NCIB. Fortuna reports ongoing project progress in West Africa: early works and camp construction at Diamba Sud, a feasibility study targeted for Q2 2026, planned ESIA approval in Q1 2026, and an exploitation permit application before the exploration permit expires in June 2026. At Séguéla, a processing plant expansion feasibility study is underway to evaluate long-term growth and potential underground incorporation at the Sunbird deposit.
Fortuna Mining (NYSE: FSM) reported additional drill results from the Southern Arc deposit at the Diamba Sud gold project in Senegal, and confirmed project economics from a PEA with an after-tax NPV5% of US$563 million and an IRR of 72% at US$2,750/oz gold.
New drilling (63 holes, 9,619m) included DSDD574 with 1.7 g/t Au over 29.6m and 2.0 g/t Au over 20.0m. The program advances infill and step-out targets; an updated resource is expected in Q1 2026 and a construction decision is targeted for Q2 2026. The PEA is preliminary and includes inferred resources.
Fortuna (NYSE: FSM) awarded Lycopodium Minerals Canada Ltd. to conduct a Séguéla processing plant expansion options study in Côte d’Ivoire.
Key disclosed facts: reserve life extended to 7.5 years; completion of an underground mining study to support potential conversion of 3.6 Mt at 4.34 g/t containing 502,000 oz of Sunbird indicated resources to reserves is expected in December 2025; the plant study will assess increasing throughput from 1.75 Mtpa to 2.0–2.5 Mtpa (a 15–40% increase) targeting >200,000 oz gold/year; study start immediate with completion targeted in Q2 2026.
Fortuna Mining (NYSE: FSM) filed a National Instrument 43-101 technical report titled “Diamba Sud Gold Project, Kédougou Region, Senegal” with an effective date of October 15, 2025. The report supports the Preliminary Economic Assessment previously announced on October 15, 2025 and is available on the company website, SEDAR+, and EDGAR.
This filing formalizes disclosure under Canadian standards and makes the PEA technical details available to investors and regulators.
Fortuna Mining (NYSE: FSM) reported updated Séguéla Mine reserves and resources as of October 31, 2025: Proven & Probable Mineral Reserves of 13.0 million tonnes containing 1.2 million oz Au (an 11% increase vs. Dec 31, 2024). Measured & Indicated Resources (ex-reserves) total 794,000 oz Au (+100%), and Inferred Resources total 712,000 oz Au (+15%).
Company cited a 7.5-year life of mine, Sunbird underground growth (502,000 oz indicated), ongoing infill drilling, underground studies with a December 2025 milestone, and plant expansion evaluations to ~25% higher capacity (2.0–2.5 Mtpa).
Fortuna (NYSE: FSM) reported Q3 2025 continuing results showing strong cash generation and improved profitability. Sales were $251.4M and attributable net income (continuing) was $123.6M ($0.40/share). Adjusted attributable net income was $51.0M ($0.17/share). Free cash flow from ongoing operations was $73.4M and net cash strengthened to $265.8M with total liquidity of $588.3M. Consolidated GEO production from continuing operations was 72,462 oz. Consolidated cash cost was $942/oz and AISC was $1,987/oz (includes a one-time $80/oz SBC impact).
Company completed a PEA for Diamba Sud with an after-tax IRR of 72% and NPV5% of $563M (US$2,750/oz basis) and is advancing toward a DFS and construction decision in H1 2026.
Fortuna (NYSE: FSM) reported exploration drilling results at the Sunbird deposit, Séguéla Mine, Côte d’Ivoire, highlighting multiple high‑grade intersections and a newly defined second underground shoot.
Key facts: SGRD2434: 7.3 g/t Au over 16.1 m from 688 m; SGRD2461: 6.0 g/t Au over 11.9 m from 669 m; SGRD2460: 5.2 g/t Au over 6.3 m from 787 m. The company completed 40 holes totaling 15,088 m, defines >1.5 km of high‑grade strike at depth, has initiated an underground study, and will continue drilling through end of 2025.
Fortuna (NYSE: FSM) will release its third quarter 2025 financial statements and MD&A on Wednesday, November 5, 2025 after market close. A conference call to discuss results is scheduled for Thursday, November 6, 2025 at 9:00 a.m. PT / 12:00 p.m. ET.
Management participating: Jorge A. Ganoza (President & CEO), Luis D. Ganoza (CFO), Cesar Velasco (COO - Latin America) and David Whittle (COO - West Africa). Listen via webcast at https://www.webcaster5.com/Webcast/Page/1696/53144 or by phone (Access code: 360013).
Replay available by phone until Thursday, November 20, 2025; webcast playback available until Friday, November 6, 2026. A transcript will be archived on the company website.
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