Fortuna updates Mineral Reserves and Mineral Resources for the Séguéla Mine, Côte d'IvoireVANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce updated Mineral Reserves and Mineral Resources at its Séguéla Mine with the discovery of over 500,000 gold ounces of new Inferred Resources.
Fortuna reports progress on its share buyback programVANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report that during the fourth quarter as of Friday, November 29, 2024, it has repurchased under the Company’s normal course issuer bid (NCIB) an aggregate of 6,402,640 common shares on the open market of the New York Stock Exchange. Shares were repurchased at a weighted-average price of $4.77 per common share for a total gross amount of $30,529,066, excluding brokerage fees; these shares will be cancelled. To date, the Company has repurchased 41.88 percent of the 15,287,201 shares it is authorized to repurchase under the NCIB (refer to Fortuna news release dated April 30, 2024).
Critical Metals Surge Opens Prime Opportunity for Mining InvestorsNetworkNewsWire Editorial Coverage : Interest in the mining sector is on the rise, fueled by growing demand for metals that are crucial to modern industries. The shift toward clean-energy technologies, including electric vehicles (EVs) and renewable energy systems, has heightened the need for critical minerals, particularly lithium, cobalt, nickel and rare earth elements (“REEs”). At the same time, traditional metals such as copper and aluminum are seeing renewed importance due to their essential roles in infrastructure and energy transmission. Gold and silver remain appealing as safe-haven assets during periods of economic uncertainty and inflation. Additionally, the global drive for decarbonization and energy efficiency is boosting demand for platinum group metals (“PGMs”), which are valued for their purity, high melting points and unique catalytic properties. These metals are integral to numerous industrial processes and play a pivotal role in autocatalysis and pollution control within the automotive industry. With potential supply disruptions from major producers and geopolitical tensions tightening the market, mining companies are well positioned for growth. One of those companies, Platinum Group Metals Ltd. (NYSE:
PLG) (TSX: PTM) ( Platinum Group Metals Profile ), is emerging as a leader in the PGM space, due to the performance of its flagship Waterberg Project in South Africa. Platinum Group Metals joins other mining and commodity-related organizations that are focused on strengthening their foothold in the mining sector, including companies such as Endeavour Silver Corporation (Canada) (NYSE:
EXK) , Fortuna Mining Corp. (NYSE:
FSM) , New Gold Inc. (NYSE American: NGD) and…
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Fortuna reports record earnings for the third quarter of 2024(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated)
Fortuna to release third quarter 2024 financial results on November 6, 2024; Conference call at 12 pm EST on November 7, 2024VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the third quarter on Wednesday, November 6, 2024, after the market closes.
Fortuna reports solid production of 110,820 gold equivalent ounces for the third quarter of 2024VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the third quarter of 2024 from its five operating mines in West Africa and Latin America.
Fortuna responds to recent media reports concerning Burkina FasoVANCOUVER, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) today shared an update on its operations at the Yaramoko Mine in Burkina Faso.
Fortuna intersects 6.9 g/t Au over 33.3 meters at the Diamba Sud Project, SenegalVANCOUVER, British Columbia, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal.
Fortuna intersects 14.2 g/t Au over 16.8 meters at the Kingfisher prospect, Séguéla Mine, Côte d’IvoireVANCOUVER, British Columbia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d’Ivoire.
Fortuna reports financial results for the second quarter of 2024(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated)
Fortuna to release second quarter 2024 financial results on August 7, 2024; Conference call at 12 pm EDT on August 8, 2024VANCOUVER, British Columbia, July 23, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the second quarter on Wednesday, August 7, 2024, after the market closes.
Fortuna reports solid production of 116,570 gold equivalent ounces for the second quarter of 2024VANCOUVER, British Columbia, July 09, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the second quarter of 2024 from its five operating mines in West Africa and Latin America.
Fortuna intersects 31.3 g/t gold over 12.0 meters from the Karakara Prospect at the Diamba Sud Gold ProjectVANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal.
Fortuna reports results of Annual and Special MeetingVANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) hereby announces the voting results at the Company’s annual and special meeting of shareholders held on June 20, 2024 (the “Meeting”).
Fortuna intersects 23.7 g/t gold over 17.8 meters from the Kingfisher Prospect at the Séguéla MineVANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d’Ivoire.
Fortuna Completes Offering of Convertible Senior NotesVANCOUVER, British Columbia, June 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX: FVI) (NYSE:
FSM) (“Fortuna” or the “Company”) has closed its previously announced offering of 3.75% convertible senior notes due 2029 (the “Notes”) in an aggregate principal amount of US$172.5 million (the “Offering”), which includes exercise of the full amount of the option to purchase an additional US$22.5 million aggregate principal amount of Notes. The initial conversion rate for the Notes is 151.7220 common shares of Fortuna (“Shares”) per US$1,000 principal amount of Notes, equivalent to an initial conversion price of approximately US$6.59 per Share.
Fortuna Announces Pricing of Convertible Senior NotesVANCOUVER, British Columbia, June 05, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX: FVI) (NYSE:
FSM) (“Fortuna” or the “Company”) announces that it has priced its previously announced offering of convertible senior notes due 2029 (the “Notes”) in an aggregate principal amount of US$150 million (the “Offering”). The Company has granted the initial purchasers of the Notes an option for a period of 15 days to purchase up to an additional US$22.5 million aggregate principal amount of Notes. The Notes will be issued at par value.
Fortuna publishes its 2023 Sustainability ReportVANCOUVER, British Columbia, May 30, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) is pleased to announce the publication of its sixth annual sustainability report which details the Company’s performance on key environmental, social, and governance (ESG) indicators during 2023. The report also includes dedicated sections on Fortuna’s sustainability management and initiatives at each of the Company’s operating mines as well as the contributions made within the countries that host our operations in the Latin America and West Africa regions. Also included is an ESG data section containing disclosure under sustainability accounting Standards Board (SASB) Metals and Mining Standard, the Task Force on Climate-Related Financial Disclosures Recommendations (TCFD), and the Global Reporting Initiative (GRI) standard.
Fortuna's Yaramoko Mine reaches one-million-ounce gold pour milestoneVANCOUVER, British Columbia, May 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX: FVI) (NYSE:
FSM) is pleased to report that the Yaramoko Mine located in Burkina Faso reached the one-million-ounce gold pour milestone on May 19, 2024. Yaramoko started production on May 16, 2016 and Fortuna acquired the mine on July 2, 2021 (refer to Fortuna news release dated July 2, 2021).
Fortuna reports financial results for the first quarter of 2024(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated)
Fortuna renews share repurchase programVANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX: FVI) (NYSE:
FSM) announced today that the Toronto Stock Exchange has approved the renewal of Fortuna’s normal course issuer bid (the “NCIB”) to purchase up to five percent of its outstanding common shares.
Fortuna to release first quarter 2024 financial results on May 7, 2024; Conference call at 12 p.m. Eastern Time on May 8, 2024VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:
FSM) (TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the first quarter on Tuesday, May 7, 2024, after the market closes.
Fortuna intersects 1kg Ag Eq over an estimated true width of 8.1m at the Yessi vein, San Jose Mine, MexicoVANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:
FSM) (TSX: FVI) is pleased to provide an update on its Yessi vein exploration program at the San Jose Mine in Mexico.
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