Fortuna Mining Corp. has reported production results for 1Q25 from its four operating mines in West Africa and Latin America.
1Q25 highlights
- Gold production of 91 893 oz; compared to 89 678 oz Au in 1Q24 and 95 993 oz Au in 4Q24.
- Gold equivalent production of 103 459 oz; compared to 112 543 Au Eq oz (GEOs) in 1Q24 and 116 358 GEOs in 4Q24.
- The Lindero leach pad expansion project was completed in Q1 and delivered to operations on time and within budget at a total cost of US$51.8 million. The expansion provides sufficient capacity for an additional 10 years of production.
- Repurchased 916 900 common shares at an average price of US$4.53 per share for a total of US$4 155 539.
Fortuna reiterates its 2025 annual production guidance range of 334 000 to 373 000 oz of gold and 0.9 to 1.0 million oz of silver or between 380 000 and 422 000 GEOs, including lead and zinc by-products.