Fortuna Mining Q3 Output Falls, Board Approves Seguela Expansion
MT Newswires Live
Yesterday
Fortuna Mining (FSM) reported Q3 production Wednesday of 69,665 gold equivalent ounces, down from 72,462 a year earlier.
Nine-month output totaled 214,754 GEO, keeping the miner on track for its 281,000-305,000 GEO guidance, the company said.
Seguela output slid to 33,744 ounces after contractor equipment problems and an artisanal miner blockade, it said.
The company said its board approved a $109 million Seguela plant expansion, targeting over 200,000 ounces annually from H2 2028.
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