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 (NYSE: FSM) reported Q4 and full-year 2025 results showing record free cash flow, strong liquidity and portfolio realignment. Q4 free cash flow was $132.3M and FY2025 free cash flow was $330.0M. Liquidity rose to $704.0M with net cash of $381.5M.
Production met full-year guidance at 317,001 GEOs, adjusted attributable net income was $203.1M, and AISC was $1,870/GEO for 2025. Séguéla reserves increased 31% and Diamba Sud early works received ~$67M in funding.
Fortuna Mining (NYSE: FSM) reported results from 22 drill holes (9,816 meters) at the Sunbird deposit, Séguéla mine, Côte d’Ivoire, dated Feb 12, 2026. Drilling extended high‑grade mineralization ~400 meters beyond existing Mineral Resource and Mineral Reserves envelopes, with notable intercepts such as 6.1 g/t Au over an estimated true width of 18.9 meters and 73.5 g/t Au over 0.7 meters. Five rigs are active and drilling is expected to continue through 2026. All holes were completed after the June 30, 2025 data cut‑off and are not included in the current resource statement.
Fortuna (NYSE: FSM) will release fourth-quarter and full-year 2025 financial results on February 18, 2026 after market close.
A conference call to discuss results will be held on February 19, 2026 at 9:00 a.m. PT / 12:00 p.m. ET with senior management, a webcast, dial-in numbers, replay details and archived transcript.
Fortuna Mining (NYSE: FSM) submitted an exploitation permit application for the Diamba Sud gold project to Senegal's Ministry of Energy, Petroleum, and Mines on February 4, 2026. The company is advancing early works, site preparation and detailed engineering to de-risk critical path activities.
An updated Mineral Resource estimate is planned by the end of February 2026 to underpin Mineral Reserves and a feasibility study that will inform a potential construction decision targeted for mid-2026. The project previously demonstrated robust economics in a October 2025 PEA.
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.