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) 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.
Fortuna Mining (NYSE: FSM) has entered into a strategic exploration alliance with DeSoto Resources Limited to explore the Siguiri Basin in Guinea. The partnership establishes a joint venture company focused on identifying and developing gold deposits in this highly prospective region.
Under the agreement terms, once a significant discovery is made, Fortuna will hold a 70% stake in the joint venture, with DeSoto holding the remaining 30%. Fortuna commits to solely funding exploration for three years or until $12.5 million in cumulative expenditure is reached across successful projects. The initial project generation phase spans 36 months.
Fortuna Mining (NYSE: FSM) has announced a significant $19 million generative exploration program across multiple countries. The program complements their existing $22 million Brownfields exploration budget and spans projects in Côte d'Ivoire, Mexico, and Argentina.
Key developments include: the Guiglo Project in Côte d'Ivoire with a 5km by 2km gold anomaly, the Centauro Project in Mexico featuring a 2km by 3km silica-capped plateau, and the Arizaro Deposit near Lindero Mine in Argentina, where recent drilling revealed significant gold-copper intersections up to 0.69 g/t Au and 0.40% Cu.
The company has also advanced exploration at the Tongon North Project in Côte d'Ivoire, the La Carmen Project in Mexico, and the Cerro Lindo Project in Argentina, demonstrating a comprehensive approach to portfolio expansion.
Fortuna Mining Corp. (NYSE: FSM) announced its participation in the upcoming Mining Forum Americas event. The conference will take place at the Broadmoor Hotel & Resort in Colorado Springs from September 14-17, 2025.
Jorge A. Ganoza, the company's President, CEO, and co-founder, will deliver a presentation on Monday, September 15 at 11:00 a.m. MDT in Bartolin Hall: Stage 2. Interested parties can access the live presentation through the Mining Forum Americas website.
Fortuna Mining (NYSE: FSM) has reported significant exploration drilling results from its Séguéla Mine in Côte d'Ivoire. At the Kingfisher deposit, drilling revealed notable intersections including 4.5 g/t Au over 37.4 meters from 79 meters depth. The program successfully extended mineralization to 300 meters below surface and 250 meters along strike.
At the Sunbird deposit, deep exploration drilling yielded impressive results, including 8.5 g/t Au over 7.0 meters from 566 meters depth and 11.2 g/t Au over 5.6 meters from 479 meters. New near-surface mineralization was discovered approximately 180 meters into the footwall. The drilling program included 78 holes totaling 13,262 meters at Kingfisher and 41 holes totaling 17,532 meters at Sunbird.
Fortuna Mining Corp. (NYSE: FSM) has reported significant exploration drilling results from its Diamba Sud Gold Project in Senegal. The highlight includes drillhole DSDD488, which yielded an exceptional intercept of 22.7 g/t gold over 21.6 meters from a depth of 53 meters.
The company completed 152 drill holes totaling 21,234 meters since the previous update. Of these, 53 holes were completed after the data cutoff for Southern Arc's maiden Inferred Mineral Resource estimate of 3.9 Mt averaging 1.57 g/t Au containing 194 koz of gold. The deposit remains open to the south, east, and at depth, with current drilling extending to approximately 150 meters.
Drilling has been temporarily paused for the rainy season and is scheduled to resume in mid-September, with an updated resource estimate planned for Q1 2026.
Fortuna Mining (NYSE: FSM) reported strong Q2 2025 financial results, delivering 75,950 gold equivalent ounces and achieving a record EBITDA margin of 55%. The company maintained a robust financial position with liquidity of $537.3 million and increased its net cash position to $214.8 million.
Key financial highlights include attributable net income from continuing operations of $42.6 million ($0.14 per share) and free cash flow of $57.4 million. The company completed strategic divestments of Yaramoko and San Jose mines for $83.8 million, while advancing growth projects including the Séguéla Mine expansion and Diamba Sud project.
Despite higher consolidated AISC of $1,932 per gold ounce due to capital expenditures and mine waste stripping at Séguéla, the company remains on track to meet its annual guidance and production targets of 160-180 thousand gold ounces in 2026.
Fortuna Mining (NYSE: FSM) has announced an updated Mineral Resource estimate for its Diamba Sud Gold Project in Senegal as of July 7, 2025. The project now contains 724,000 gold ounces in Indicated Resources (14.2 Mt at 1.59 g/t gold), representing a 53% increase from year-end 2024, and 285,000 gold ounces in Inferred Resources (6.2 Mt at 1.44 g/t gold), showing a 93% increase.
The update includes first-time Inferred Resource estimates for two new deposits: Southern Arc (194,000 ounces) and Moungoundi (31,000 ounces). The estimate incorporates data from 243 new drill holes totaling 31,652 meters completed between July 2024 and July 2025. A Preliminary Economic Analysis (PEA) is underway, with completion targeted for Q4 2025.
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