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) 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.
Fortuna Mining Corp. (NYSE: FSM) has scheduled the release of its Q2 2025 financial results on Wednesday, August 6, 2025, after market close. The company will host a conference call to discuss these results on Thursday, August 7, 2025, at 12:00 p.m. Eastern time.
The conference call will feature key executives including CEO Jorge A. Ganoza, CFO Luis D. Ganoza, and Chief Operating Officers Cesar Velasco (Latin America) and David Whittle (West Africa). The call will be accessible via webcast and phone, with replay available until August 21, 2025. The webcast recording will be available for viewing until August 7, 2026.
Fortuna Mining Corp. (NYSE: FSM) reports Q2 2025 production results, delivering 71,229 gold equivalent ounces (GEO) from ongoing operations. Key highlights include 61,736 ounces of gold production, up from 56,000 oz in Q2 2024. The company completed strategic divestitures of the San Jose Mine in April and Yaramoko Mine in May 2025.
Performance across operations showed strong results: Séguéla Mine produced 38,186 ounces with mill throughput exceeding nameplate capacity by 36%, Lindero Mine delivered 23,550 ounces with enhanced crushing capacity and new solar plant implementation, and Caylloma Mine contributed 9,493 GEO. Fortuna reiterates its 2025 production guidance of 309,000 to 339,000 GEO.
Fortuna Mining Corp. (NYSE: FSM) has announced the results of its 2025 Annual General Meeting, where shareholders voted on key corporate matters. The meeting saw a 61.54% participation rate, representing 188,888,907 common shares. All proposed matters, including the appointment of auditors and election of director nominees, received shareholder approval.
The election results showed strong support for all eight director nominees, with approval ratings ranging from 92.83% to 99.50%. Jorge A. Ganoza and Kate Harcourt received the highest approval rates at 99.48% and 99.50% respectively, while David Farrell received 92.83% of votes in favor.