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 [...]
Fortuna Silver Mines Inc. is pleased to provide an update on construction, pre-commissioning and commissioning activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina. Construction progress in December and January was delayed due to a shortfall in contractor personnel; however, the Project continues to [...]
Fortuna Silver Mines Inc. is providing an update on the status of a disputed royalty on one of its extracting mining concessions at the San Jose mine, located in Oaxaca, Mexico. In 2017 the Mexican Geological Service advised the Company that a previous owner of one of the Company’s mineral concessions at the San Jose mine had granted the SGM a [...]
Fortuna Silver Mines Inc. is pleased to announce fourth quarter and full year 2019 production figures from its two underground operating mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru. For the full year 2019, the Company produced 8.8 million ounces of silver and 50.5 thousand ounces of gold or 12.4 million silver equivalent1 [...]
Fortuna Silver Mines Inc. is pleased to report pre-production mining reconciliation results at the Lindero Mine located in the Province of Salta, Argentina. In the fourth quarter of 2019, an estimated 452,000 tonnes of mineralized material was stockpiled averaging 0.58 g/t Au containing 8,400 ounces of gold, representing 12 percent more gold ounces [...]
Fortuna Silver Mines Inc. is pleased to provide an update on construction, pre-commissioning and commissioning activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina. Jorge A. Ganoza, President, CEO and Director, commented, “Minor delays and unavailability of vendors due to holidays thwarted our [...]
Fortuna Silver Mines Inc. today reported a net loss of $7.7 million, adjusted net income of $1.9 million, and adjusted EBITDA of $19.2 million for the third quarter of 2019. Jorge A. Ganoza, President and CEO, commented, “On the strength of our two operating mines and improved metal prices, we generated adjusted EBITDA of $19.2 million with strong [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the third quarter of 2019 on Thursday, November 14, 2019 after the market closes. A conference call to discuss the financial and operational results will be held on Monday, November 18, 2019 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the [...]
Fortuna Silver Mines Inc. is pleased to report production results for the third quarter of 2019 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 1.9 million ounces of silver and 11,436 ounces of gold plus base metal by-products. Silver and gold production for the first [...]
Fortuna Silver Mines Inc. is pleased to announce the full exercise and closing of the over-allotment option granted to CIBC Capital Markets, Scotiabank and BMO Capital Markets . The Company issued and sold to the Underwriters an additional US$6 million aggregate principal amount of 4.65% senior subordinated unsecured convertible debentures pursuant [...]