Fortuna Mining Share Price Today

Fortuna Mining Q3FY26 Results: Adjusted EBITDA $165 million, net income $51 million

Adjusted EBITDA reached $165 million, while adjusted attributable net income stood at $51 million ($0.17 per share). Third-quarter production was 69,665 gold equivalent ounces, impacted by temporary blockades at the Séguéla mine. Consolidated AISC increased to $2,286 per ounce, driven by lower volumes and higher share-based compensation. The company paused share buybacks to prioritize funding $750 million in growth projects through 2028.

Fortuna Mining gets admissibility for Senegal gold permit application

Received Notice of Admissibility for Diamba Sud exploitation permit on November 2, 2026. Application initiated in February 2026; file complies with all regulatory requirements. Expects final Exploitation Permit approval during Q4 2026. Milestone follows constructive work with Senegal’s Ministry of Mines and Geology.

Fortuna Mining intersects 1.9 g/t gold over 64 meters at Senegal prospect

Intersected 1.9 g/t gold over 64 meters estimated true width in hole FBRC0008. High-grade intervals include 15.1 g/t over 0.7 meters in hole FBRC0003. Initial program completed 45 holes totaling 10,524 meters at Kabewest. Inferred Mineral Resource estimate planned for publication in Q1 2027.

Fortuna Mining intersects 0.96 g/t gold over 350m at Lindero

Fortuna Mining Corp. intersected 0.96 g/t gold over 350 meters in hole LDH-272 at the Lindero Mine. The 2026 infill drilling program was extended to 8,534 meters due to successful initial results. Mineralization confirmed to extend significantly below the current life-of-mine pit design. Updated Mineral Resource and Reserve estimates planned for release in Q1 2027.

Fortuna Mining intersects 7.8 g/t gold over 12.8 m at Southern Arc, Senegal

Drill hole DSR1128 intersected 7.8 g/t Au over an estimated true width of 12.8 meters from 103 meters at Southern Arc, including 59.5 g/t Au over 0.8 meters. DSR1132 returned 4.5 g/t Au over an estimated true width of 20.0 meters from 65 meters, a zone that remains open at depth beyond the current pit design. A further 196 RC and diamond drilling holes totalling 36,592 meters were completed at Southern Arc, concluding the program; an updated Mineral Resource and Reserve estimate is intended for year-end. Drilling has commenced at the Bambadji project as part of an $8 million, 51,000-meter exploration program, with six rigs operating at the Kabewest target located approximately 2.3 kilometers from the proposed Diamba Sud plant site. Diamba Sud holds Probable Mineral Reserves of 20.5 million tonnes averaging 1.75 g/t Au, containing 1.15 million ounces of gold.

Fortuna Mining Acquires Bambadji Advanced Gold Project in Senegal for US$200 Million

Fortuna Mining Corp. has acquired the 190 km² Bambadji advanced gold exploration project in Senegal from Barrick Mining Corporation and IAMGOLD Corporation for US$200 million in cash, split as US$130.35 million to Barrick and US$69.65 million to IAMGOLD. The project is adjacent to Fortuna's Diamba Sud Gold Project, which hosts Mineral Reserves of 1.15 million ounces of gold, and together the properties consolidate approximately 60 kilometers of prospective strike along the Senegal-Mali Shear Zone. The acquisition includes approximately 214,000 meters of historical drilling data and at least eight significant drill-defined prospects. Fortuna has approved an initial US$8 million exploration budget for the remainder of 2026, comprising 51,000 meters of drilling, with work expected to commence in the third quarter.