VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) — Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) reports production results for the third quarter of 2025 from its three operating mines located in West Africa and Latin America.
Q3 2025 highlights
- Gold equivalent production of 72,462 ounces4 compared to 73,123 gold equivalent ounces (GEO) in Q3 20241,2 and 71,229 GEO in Q2 20251,3
- Consolidated GEO production for the first nine months of 2025, including the Yaramoko Mine, totaled 251,871 ounces
Fortuna reiterates its updated annual production guidance for 2025 in the range of 309,000 to 339,000 GEO.
Q3 2025 consolidated GEO production
GEO Production | |||||
Q3 20252 | Q2 20253 | 9 months 2025 | 2025 Guidance (000)6 | ||
Ongoing Operations | |||||
Séguéla, Côte d’Ivoire | 38,799 | 38,186 | 115,484 | 134 – 147 | |
Lindero, Argentina | 24,417 | 23,550 | 68,288 | 93 – 105 | |
Caylloma, Peru | 9,246 | 9,493 | 30,305 | 44 – 49 | |
Total from Ongoing Operations | 72,462 | 71,229 | 214,077 | 271 – 301 | |
Divested Operation | |||||
Yaramoko, Burkina Faso | 0 | 4,7215,6 | 37,794 | 38 | |
Total from Ongoing and Divested Operations | 72,462 | 75,950 | 251,871 | 309 – 339 |
Notes:
- Consolidated production excludes divested operations of the San Jose and Yaramoko mines
- Refer to Fortuna news release dated October 10, 2024, “Fortuna reports solid production of 110,820 gold equivalent ounces for the third quarter of 2024“
- Refer to Fortuna news release dated July 9, 2025, “Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025“
- GEO includes gold, silver, lead, and zinc and is calculated using the following metal prices: $3,467/oz Au, $39.35/oz Ag, $1,962/t Pb and $2,815/t Zn or Au:Ag = 1:88.10, Au:Pb = 1:1.77, Au:Zn = 1:1.23
- Figures reported as of April 14, 2025, being the date the Company and Soleil Resources International Ltd. agreed to the assumed handover of operations. See “Management’s Discussion and Analysis for the three months ended March 31, 2025“
- Refer to Fortuna news release dated May 13, 2025, “Fortuna Completes Divestiture of Yaramoko Mine and Provides Updated 2025 Production and Cost Guidance“
West Africa Region
Séguéla Mine, Côte d’Ivoire: Solid quarter-on-quarter performance, on track to exceed upper end of guidance
Q3 2025 | Q2 2025 | |