Fortuna Mining Corp. (FSM)
Fortuna Mining Corp. (FSM) is a mineral exploration and mining company focused on the acquisition, development, and production of gold and other mineral resources. The company has been involved in exploring and developing mineral properties, aiming to capitalize on mineral deposits in various regions.
Company News
Gold reached a historic $4,000 per ounce, marking its strongest annual performance in over four decades. Mining funds saw 114% returns year-to-date, with analysts predicting potential further gains driven by geopolitical instability and central bank purchases.
Fortuna Mining Corp. filed an Environmental and Social Impact Assessment for its Diamba Sud Gold Project in Senegal, marking a key milestone towards potential project development in 2026. The company plans to complete a Preliminary Economic Assessment in Q4 2025 and aims to make a construction decision in the first half of 2026.
Fortuna Mining is experiencing significant growth in gold production and reserves, particularly in its Senegal project, amid a global trend of central banks and investors turning to gold as a safe-haven asset.
Buenaventura Mining reported its Q2 2024 production results. Gold and silver production at some mines met expectations, while copper and silver output at the El Brocal mine fell short. Tambomayo's production exceeded the company's guidance.
Gold and copper mining stocks offer investors exposure to commodity prices, potential capital appreciation and dividends. Read more on Top 5 Mining Stocks.
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