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 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.
Fortuna (NYSE: FSM) reported a Preliminary Economic Assessment for the Diamba Sud gold project in Senegal dated Oct 15, 2025. At a gold price of $2,750/oz the PEA shows an after-tax NPV5% of $563M, after-tax IRR 72% and a payback of 0.8 years. Initial capital is estimated at $283.2M. First three years average production is 147 koz/yr at an AISC of $904/oz. Life of mine is 8.1 years with total contained gold in mined resource of 932 koz. DFS and permitting underway; construction decision targeted H1 2026.
Fortuna (NYSE: FSM) reported Q3 2025 consolidated gold equivalent production of 72,462 oz and 9M 2025 production of 251,871 oz. The company reiterated 2025 annual guidance of 309,000–339,000 GEO. Ongoing operations produced 72,462 GEO (Séguéla 38,799; Lindero 24,417; Caylloma 9,246).
Key operational notes: Séguéla is on track to exceed the upper end of guidance with 115,484 oz YTD; Lindero delivered its highest quarterly output year‑to‑date; Caylloma showed lower base‑metal tonnes consistent with the mine plan. Capital and project updates include tailings capacity expansion to August 2029, permit approvals for satellite pits, and solar plant material deliveries.
Fortuna (NYSE: FSM) filed an Environmental and Social Impact Assessment (ESIA) for the Diamba Sud gold project with Senegalese authorities on October 7, 2025, advancing permitting toward an environmental permit.
The company expects to complete a Preliminary Economic Assessment (PEA) during Q4 2025, progress to a Definitive Feasibility Study, and target a construction decision in H1 2026. Fortuna reported 52,110 metres drilled year-to-date in 2025 and said drilling will restart in October to test open extensions and targets through year-end.
Recent drilling drove a reported Measured & Indicated resource expansion of 53% and Inferred expansion of 93%, including a maiden Southern Arc Inferred resource of 194,000 oz at 1.57 g/t Au.