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 Q1 2026 results on May 7, 2026, with record free cash flow of $174.0 million and adjusted attributable net income of $111.0 million. Consolidated sales were $342.5 million, consolidated GEO production was 72,872 ounces, and liquidity rose to $815.9 million.
Q1 highlights include cash from operations before working capital of $213.3 million, cash position of $665.9 million, consolidated AISC of $2,107/GEO, and a 15% year‑over‑year increase in mineral reserves.
GoldHaven Resources (CSE: GOH) reported an independent geological review of its 100%‑owned Copeçal Gold Project (Mato Grosso, Brazil) that identifies a large structurally controlled hydrothermal gold system and vectors to higher‑grade zones. A Phase II drill program is planned for Q2 2026. GoldHaven also closed a $2.04M flow‑through financing for its Magno Project (BC).
Industry items: AngloGold Ashanti (NYSE: AU) reported a first‑time Probable Mineral Reserve of 4.9 Moz at Arthur (NV) with a nine‑year mine life and after‑tax NPV(5%) ≈ $1.7B at $2,715/oz. Fortuna Mining (NYSE: FSM) updated Southern Arc: 6 Mt @ 1.9 g/t (367,000 oz). Founders Metals completed a multi‑season environmental baseline at Antino (Suriname).
Fortuna (NYSE: FSM) reported a 15% year‑over‑year increase in consolidated Proven and Probable Mineral Reserves to 3.0 million gold equivalent ounces (GEOs) after production depletion. Séguéla’s Sunbird deposit underground reserves rose 34% to 539,000 oz, and its Sunbird inferred resources rose 55% to 417,000 oz as of March 31, 2026. Measured and Indicated resources (ex‑reserves) increased 56% to 2.1 million GEOs. Diamba Sud feasibility remains on track to report first reserves to support a construction decision by quarter end. All figures use disclosed metal price assumptions.
Fortuna (NYSE: FSM) will release its Q1 2026 financial statements and MD&A on May 6, 2026 after market close. A conference call to discuss results is scheduled for May 7, 2026 at 12:00 p.m. ET with CEO Jorge A. Ganoza and the CFO and COOs.
Investors can join via webcast or phone (access code 788835). Replay of the call is available until May 21, 2026; webcast playback is available until May 7, 2027. A transcript will be archived on the company website.
Fortuna Mining (NYSE: FSM) entered an earn-in to acquire up to 70% of the Quartzstone Project, a 29,600-hectare land package in the Guyana Shield, on April 20, 2026. Fortuna paid a non-refundable US$5.0 million option premium and plans an initial US$5.5 million exploration program including a 5,000m diamond drill program.
The earn-in requires completing 60,000m of drilling within four years to earn 51%, and funding a feasibility study within three years after exercising the first option to reach 70%. A 4.5% NSR to a prior owner is retained on the project.
Fortuna (NYSE: FSM) renewed its normal course issuer bid to repurchase up to 15,227,869 common shares, equal to 5% of outstanding shares as of April 10, 2026. The NCIB begins May 4, 2026 and may run to May 3, 2027 or until the program limits are reached.
Repurchases may occur on the NYSE using open market methods, including purchases under an ISPP and an ASPP with a designated broker; any shares bought will be cancelled. As of April 16, 2026, Fortuna repurchased 3,400,000 shares at a weighted-average price of US$9.53.
Fortuna (NYSE: FSM) reported Q1 2026 production of 72,872 GEO, up from 65,130 GEO in Q4 2025, and reiterated 2026 guidance of 281,000–305,000 GEO. Séguéla led output with 42,016 oz Au; Lindero produced 21,545 oz Au and Caylloma 9,311 GEO. The company repurchased 2.2 million shares for $20.3M and advanced Séguéla expansion and Diamba Sud feasibility toward mid‑2026 milestones.
Fortuna (NYSE: FSM) filed its annual report on Form 40-F for the fiscal year ended December 31, 2025 with the SEC on March 26, 2026. The filing includes audited consolidated financial statements, management's discussion and analysis, and the annual information form.
According to the company, the Form 40-F is available on Fortuna's website and the SEC website; printed copies of the audited financial statements are available free to shareholders on written request.
Fortuna Mining (NYSE: FSM) reported new Diamba Sud exploration results on Feb 25, 2026, adding 44 holes (7,518 m) at Southern Arc and 46 holes (4,471 m) at Moungoundi.
Highlights include DSDD608: 6.0 g/t Au over 24.1 m and Southern Arc defined as 6.0 Mt at 1.9 g/t Au (367,000 oz); drilling remains ongoing and the deposit is open along strike and at depth.
Fortuna (NYSE: FSM) reported an updated Diamba Sud Mineral Resource estimate effective Jan 16, 2026, with Indicated Resources of 26.0 Mt at 1.50 g/t Au containing 1.25 million ounces of gold — a 73% increase in indicated gold ounces versus the prior estimate.
The update includes the first-time Indicated estimate for Southern Arc (367 koz), ongoing expansion drilling, and a feasibility study targeted for completion by end of Q2 2026.