Fortuna Silver Mines Inc. is pleased to report production results for the first quarter of 2020 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 1.8 million ounces of silver and 10,101 ounces of gold, plus base metal by-products. Government-mandated constraints on [...]
Fortuna Silver Mines Inc. provides an update on the status of its operations , production and cost guidance for 2020 and its financial position in response to the COVID-19 pandemic. Caylloma Mine, Peru On Sunday, March 15, 2020, the Government of Peru introduced a series of measures to contain the rapid spread of COVID-19 which included: the [...]
Fortuna Silver Mines Inc. reports that the Company has filed today its fiscal 2019 annual report on Form 40-F with the U.S. Securities and Exchange Commission. The Form 40-F, which includes the Company fiscal 2019 annual audited financial statements, management discussion and analysis, and annual information form, is available on the Company [...]
Fortuna Silver Mines Inc. is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2019 for the Caylloma Mine located in Peru and the San Jose Mine located in Mexico and reiterates the Mineral Reserve and Mineral Resource estimate as of March 31, 2019 for the Lindero Project located in Argentina. Jorge A [...]
Fortuna Silver Mines Inc. is pleased to report that the illegal blockade of the roads in the municipality of San Jos? del Progreso which prevented access to the San Jose Mine has been lifted . Operations at the mine will resume today, starting with the night shift. About Fortuna Silver Mines Inc. Fortuna is a growth oriented, precious metals [...]
Fortuna Silver Mines Inc. reports that a group of individuals led by the former mayor of San José del Progreso, in the state of Oaxaca in Mexico, has illegally blockaded Federal Highway 175 and roads in the municipality of San José del Progreso, including access to the San Jose Mine, to protest the action taken by the Electoral [...]
Fortuna Silver Mines Inc. announces that in the evening of March 19, 2020, the Government of Argentina declared effective at midnight a period of mandatory national “social isolation” in relation to COVID-19, effective until March 31, 2020. The Company is proceeding to orderly and safely demobilize its workforce at the Lindero gold Project in Salta [...]
Fortuna Silver Mines Inc. reports today that it has been closely monitoring the effects of the spread of the coronavirus respiratory disease , particularly in the jurisdictions that host our mining operations. The rapid worldwide spread of COVID-19 is prompting governments to incrementally implement restrictive measures in an attempt to curb?the [...]
Fortuna Silver Mines Inc. today reported full year 2019 net income of $23.8 million, adjusted net income of $28.4 million, and adjusted EBITDA of $95.4 million. Jorge A. Ganoza, President and CEO, commented, “Our production results and cost execution were in-line with our guidance for 2019 generating a strong EBITDA margin of 37% and free cash flow [...]
Fortuna Silver Mines Inc. is pleased to provide an update on the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine, located in Oaxaca, Mexico. In early February 2020, the Company initiated legal proceedings against the Dirección General de Minas to contest the [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the fourth quarter and full year 2019 on Wednesday, March 11, 2020 after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, March 12, 2020 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time [...]
Fortuna Silver Mines Inc. is pleased to provide 2020 production, cost, and capital expenditures guidance for its mining operations in Latin America. 2020 Consolidated Production and Cash Cost Guidance Mine Silver Gold Lead Zinc Cash Cost AISC1 Silver San Jose, Mexico 6.6 - 7.3 41 - 45 -- -- 65.6 - 72.5 9.6 - 11.7 Caylloma, Peru 0.9 - 1.0 -- 27.2 [...]