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FORTUNA Silver Mines Inc. (symbol: FSM) is a prominent player in the precious and base metal mining sector. Established in 2005, the company has rapidly grown to become one of Latin America's leading silver producers. Fortuna operates several mines, including the Lindero gold mine in Argentina, the Yaramoko gold mine in Burkina Faso, the San Jose silver and gold mine in Mexico, the Caylloma silver, lead, and zinc mine in Peru, and the Seguela gold mine in Cote d'Ivoire.
Fortuna's operations are focused on sustainable growth, efficient mining, and delivering value to shareholders. The company has extensive property holdings of 87,000 hectares, providing ample opportunities for organic growth and exploration. A notable project is the 44,000-meter drill program targeting multiple silver and gold reserves at the San Jose and Caylloma mines.
Financially, Fortuna continues to show robust performance. The majority of its revenue comes from the Seguela gold mine, with significant contributions from the other mines. The company's strategic initiatives include ongoing exploration and development activities aimed at increasing production and enhancing operational efficiency.
Fortuna is also committed to maintaining high standards in quality assurance and quality control (QA/QC) across all its operations. The management team, led by President and CEO Jorge A. Ganoza, ensures that the company adheres to best practices in mining, environmental stewardship, and corporate governance.
For the latest updates, comprehensive reports, and detailed information about Fortuna Silver Mines Inc., visit their official website or follow their news releases and investor communications.
Fortuna Silver Mines Inc. (NYSE: FSM) will participate in the 121 Mining Investment London Conference on May 9-10, 2023, in London, UK. Jorge A. Ganoza, the company's President and CEO, will engage in 1-on-1 investor meetings during the event.
The conference will host 135 mining companies and over 500 investment professionals, aimed at connecting projects with potential investors. Fortuna operates four mines across Argentina, Burkina Faso, Mexico, and Peru, with a fifth mine under construction in Côte d'Ivoire. The company emphasizes sustainability, efficient production, and social responsibility in all operations.
For further details, visit Fortuna's website.
Fortuna Silver Mines Inc. (NYSE: FSM) reported its first-quarter production results for 2023, highlighting gold production of 60,092 ounces (10% decrease YoY) and silver production of 1,586,378 ounces (5% decrease YoY). Despite lower gold and silver outputs, the company remains on track to meet its 2023 guidance of 282,000 to 320,000 ounces of gold and 6.3 to 6.9 million ounces of silver. Notably, both zinc and lead production saw increases of 21% and 4%, respectively. The Séguéla Mine is expected to commence gold production in May 2023. Overall, Fortuna's consolidated results reflect a structured approach to maintain production viability across its operations in Latin America and West Africa.
Fortuna Silver Mines (NYSE: FSM) is set to participate in the Gold Forum Europe 2023 at the Park Hyatt in Zurich, Switzerland, from April 11-12, 2023. Jorge A. Ganoza, President and CEO, will present on April 11 at 2:10 p.m. CET. This forum is the only independent investment event focused on precious metals in Europe, showcasing a wide range of mining companies across various production stages.
Fortuna operates four mines in Argentina, Burkina Faso, Mexico, and Peru, with a fifth mine under construction in Côte d'Ivoire. The company emphasizes sustainability in its operations, aiming to deliver long-term value for stakeholders through environmentally responsible practices and social responsibility.
Fortuna Silver Mines Inc. has filed its fiscal 2022 annual report on Form 40-F with the SEC as of March 30, 2023. This report includes audited financial statements, management’s discussion and analysis, and an annual information form. It is accessible on the Company’s website and the SEC’s site. Printed copies of the financial statements are available free for shareholders. Fortuna operates four mines across Argentina, Burkina Faso, Mexico, and Peru, with a fifth in Côte d'Ivoire. The Company prioritizes sustainability in its operations.
Fortuna Silver Mines (NYSE: FSM) announced updated Mineral Reserve and Resource estimates as of December 31, 2022. The total Proven and Probable Mineral Reserves now contain 2.8 Moz Au and 20.1 Moz Ag, reflecting year-over-year decreases of 14% and 22% respectively. In contrast, the combined Measured and Indicated Resources rose by 32% in gold to 1.1 Moz Au, while silver remained unchanged at 10.5 Moz Ag. The Inferred Resources increased 39% for gold and 1% for silver. Notably, the maiden Inferred Resource for the Arizaro Project reports 280 koz Au. These shifts are vital for assessing company growth and investor interest.
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