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. reports operating and financial developments for a Canadian precious metals miner that produces gold and silver from three operating mines and a portfolio of exploration projects.
Recurring updates include quarterly production in gold-equivalent ounces, cash costs and all-in sustaining costs, cash flow, liquidity, safety performance and capital actions through normal course issuer bid activity. Company news also covers Mineral Reserve and Mineral Resource estimates, drilling at deposits such as Sunbird at Séguéla, exploration projects including Diamba Sud in Senegal, project agreements in the Guyana Shield, annual reporting and MD&A releases.
Fortuna Mining (NYSE: FSM) approved a 30% expansion of the Séguéla Gold Mine in Côte d’Ivoire, increasing processing capacity from 1.75 Mtpa to approximately 2.3 Mtpa. The project includes processing plant upgrades, supporting infrastructure enhancements, and development of the Sunbird underground mine.
According to Fortuna, the expansion is expected to lift average gold recovery to about 94.5% and support average annual production of more than 200,000 ounces over the next decade. Estimated construction capital is $109 million, funded from operating cash flow and supported by approximately $800 million in liquidity at the end of Q1 2026. The company targets construction start in H2 2026, underground mining at Sunbird in Q2 2027, and ramp-up to expanded throughput in H2 2028.
Fortuna Mining (NYSE:FSM) will release its second quarter 2026 financial statements and MD&A on Wednesday, August 5, 2026, after market close. A conference call to discuss financial and operational results will be held on Thursday, August 6, 2026, at 12:00 p.m. Eastern time.
Fortuna Mining (NYSE: FSM) has filed a National Instrument 43-101 compliant technical report titled “Diamba Sud Gold Project, Kédougou Region, Senegal,” with an effective date of June 30, 2026. The report supports the Feasibility Study results announced on June 29, 2026, and is available on Fortuna’s website, SEDAR+, and EDGAR under the company’s profile.
Fortuna Mining (NYSE:FSM) reported Q2 2026 production of 72,217 gold equivalent ounces (GEO) from its Séguéla, Lindero, and Caylloma mines, with H1 2026 output of 145,089 GEO, supporting 2026 guidance of 281,000–305,000 GEO.
Fortuna advanced the Séguéla plant expansion, Sunbird Underground, and Diamba Sud, and repurchased $80.2 million of shares, but reported a contractor fatality at Séguéla.
Fortuna Mining (NYSE:FSM) reported feasibility study results for the Diamba Sud Gold Project in Senegal, outlining an open-pit CIL mine.
At $3,500/oz gold, the project delivers after-tax NPV5% of about $1.0 billion, 60% IRR, 1-year payback, 9.4-year life, and first gold targeted by Q2 2028.
Fortuna Mining (NYSE:FSM | TSX:FVI) released voting results from its 2026 annual general meeting held June 25, 2026. Shareholders representing 202,415,038 shares, or 66.81% of issued and outstanding shares, were present.
All items passed, including auditor appointment, election of eight directors, and approval of unallocated entitlements under the Share Unit Plan. Director support ranged from 92.83% to 99.86% of votes cast.
Fortuna (NYSE:FSM) received an environmental decree from Senegal’s Ministry of Environment and Ecological Transition approving the Environmental and Social Impact Assessment for the Diamba Sud Gold Mine.
This confirms regulatory compliance and social acceptance and is a key step toward securing the mining permit and a final construction decision expected in mid‑2026.
Fortuna Mining (NYSE:FSM) released its eighth annual 2025 Sustainability Report, detailing progress in governance, safety, environment, and community impact across operations in Latin America and West Africa.
Highlights include ISO certifications at all operating mines, one fatal incident, expanded renewable energy use, strong community investment, and clear 2026 ESG priorities.
Fortuna (NYSE: FSM) reported Q1 2026 results on May 7, 2026, with record free cash flow of $174.0 million and adjusted attributable net income of $111.0 million. Consolidated sales were $342.5 million, consolidated GEO production was 72,872 ounces, and liquidity rose to $815.9 million.
Q1 highlights include cash from operations before working capital of $213.3 million, cash position of $665.9 million, consolidated AISC of $2,107/GEO, and a 15% year‑over‑year increase in mineral reserves.
Fortuna (NYSE: FSM) reported a 15% year‑over‑year increase in consolidated Proven and Probable Mineral Reserves to 3.0 million gold equivalent ounces (GEOs) after production depletion. Séguéla’s Sunbird deposit underground reserves rose 34% to 539,000 oz, and its Sunbird inferred resources rose 55% to 417,000 oz as of March 31, 2026. Measured and Indicated resources (ex‑reserves) increased 56% to 2.1 million GEOs. Diamba Sud feasibility remains on track to report first reserves to support a construction decision by quarter end. All figures use disclosed metal price assumptions.