Quarterly UpdatesJul 9, 2026, 10:06 AM
Fortuna Q2 2026 Production 72,217 GEO; Advances Growth Initiatives
AI Summary
Fortuna Mining Corp. reported Q2 2026 production of 72,217 gold equivalent ounces (GEO), aligning with Q1 2026 and slightly exceeding Q2 2025. First-half production totaled 145,089 GEO, positioning the company to achieve its 2026 annual guidance. The company advanced key growth initiatives, including completing Séguéla process plant expansion studies and progressing the Diamba Sud Gold Project towards a final investment decision with robust feasibility study results. Fortuna also returned $80.2 million to shareholders through share repurchases, but regrettably reported a fatal accident at the Séguéla Mine.
Key Highlights
- Q2 2026 gold equivalent ounces (GEO) production totaled 72,217.
- First-half 2026 GEO production reached 145,089, on track for annual guidance.
- Séguéla process plant expansion study completed, with estimated capital of $100 million.
- Diamba Sud Gold Project feasibility study shows after-tax NPV5% of $1.0 billion and 60% IRR.
- Returned $80.2 million to shareholders by repurchasing 8.6 million shares in Q2 2026.
- Séguéla Mine produced 41,683 ounces of gold in Q2 2026.
- Lindero Mine produced 20,829 ounces of gold in Q2 2026.
- Caylloma Mine produced 9,705 GEO in Q2 2026.
- Total Recordable Injury Frequency Rate (TRIFR) for Q2 2026 was 1.23.
Price Impact
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