Fortuna targets deeper Lindero pit after gold hits
Fortuna Mining (TSX: FVI; NYSE: FSM) has drilled gold beneath the planned bottom of its Lindero open pit in Argentina’s high-Andes, strengthening its case for adding reserves at the operating…
Fortuna Mining
Fortuna logs high-grade gold in Senegal, extends deposit’s depth
New drilling by Fortuna Mining (NYSE: FSM; TSX: FVI) at its Diamba Sud project in Senegal could expand the property’s mineral reserve. Hole DSR1149 in the Southern Arc zone cut…
Podcast: ‘You have to be in West Africa’—Fortuna CEO Ganoza on Senegal M&A
This week’s episode features Fortuna Mining president and CEO Jorge Ganoza in conversation with host Adrian Pocobelli on the company’s recent acquisition of the Bambadji gold exploration project in Senegal….
Fortuna buys Barrick, Iamgold project for $200M
Fortuna Mining (NYSE: FSM; TSX: FVI) is buying the Bambadji gold project in Senegal for $200 million (C$279 million) from Barrick Mining (NYSE: B; TSX: ABX) and Iamgold (TSX: IMG;…
Fortuna bets $71M on Latin America gold growth
Fortuna Mining (TSX: FT; NYSE: FSM) plans to invest $71 million (C$101 million) in Argentina and Peru this year as the Canadian precious metals producer targets higher gold output and…
$1B Senegal gold project lifts Fortuna’s Africa growth
A feasibility study for Fortuna Mining’s (TSX: FVI; NYSE: FSM) open pit Diamba Sud gold project in Senegal almost doubles its value, increases mine life and establishes probable reserves over…
Newmont-backed Awalé drills new gold zone at Odienné
Drilling at Awalé Resources’ (TSXV: ARIC; US-OTC: AWLRF) Odienné copper-gold project in northwest Côte d’Ivoire has uncovered a new zone in near-surface gold mineralization at its Fremen target. Highlight hole SSAC-08 cut 17 metres…
Fortuna Mining enters Guyana with Quartzstone deal
Fortuna Mining (TSX: FVI; NYSE: FSM) is expanding beyond its traditional hubs with a new earn-in agreement that will allow it to gain a foothold in the prospective Guiana Shield. Vancouver-based…
Fortuna’s Sunbird deposit results lift Séguéla prospects
Drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla mine in Côte d’Ivoire confirms that high-grade mineralization remains open at depth in the Sunbird deposit, one of the richest targets that…
Zijin agrees to buy Canada’s Allied Gold for $4B in cash
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…
Fortuna lifts Côte d’Ivoire gold ounces, extends mine life
Canadian miner Fortuna Mining (TSX: FVI; NYSE: FSM) extended the projected life of its Séguéla property in Côte d’Ivoire as it reported a 31% increase in gold reserve ounces. Séguéla…
Fortuna betting on West Africa to boost gold output
Séguéla, Côte d’Ivoire – West Africa is poised to play a pivotal role in Fortuna Mining’s (TSX: FVI; NYSE: FSM) drive to boost annual gold output past the 500,000 oz. mark…