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BMO Capital Retains its Outperform Rating on Fortuna Mining Corp. (FSM)
Yahoo Finance· 2026-01-24 11:25
Fortuna Mining Corp. (NYSE:FSM) is among the 15 Best Performing Silver Stocks to Buy. BMO Capital Retains its Outperform Rating on Fortuna Mining Corp. (FSM) On January 16, 2026, TheFly reported that BMO Capital retained its Outperform rating and lifted its price objective for Fortuna Mining Corp. (NYSE:FSM) from C$15 to C$17. The update was released on January 16, 2026, by analyst Kevin O’Halloran. On January 15, 2026, Fortuna Mining Corp. (NYSE:FSM) stated that it would produce between 281,000 and 305 ...
Fortuna Expands Mineral Reserve Gold Ounces by 31% and Extends Life of Mine to Over 9 Years at the Séguéla Mine, Côte d'Ivoire
Globenewswire· 2026-01-20 10:00
VANCOUVER, British Columbia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce updated Mineral Reserves and Mineral Resources, excluding Mineral Reserves, for the Séguéla Mine as of December 31, 2025. Mineral Reserves total 1.54 million ounces of gold, reflecting the inclusion of 401,000 ounces of gold planned for underground mining at the Sunbird deposit. Jorge A. Ganoza, President and CEO, commented, “Séguéla’s mine life now exceeds 9 years at current pro ...
​Fortuna Mining Corp. (FSM) Has Gained More Than 59% Over The Past 6 Months
Yahoo Finance· 2026-01-16 15:26
Core Insights - Fortuna Mining Corp. has experienced a significant stock price increase of over 59.27% in the past six months, indicating strong market performance [1] - The company announced positive exploration drilling results from its Diamba Sud Gold Project in Senegal, highlighting the potential for resource expansion [2] Group 1: Economic Potential - The Preliminary Economic Assessment indicates a strong economic outlook with an estimated after-tax NPV5% of US$563 million and a 72% IRR at a gold price of US$2,750 per ounce [2] - Recent drilling results show high-grade mineralization, with hole DSDD555 returning 6.8 g/t gold over 35.5 meters true width, suggesting significant resource potential [2] Group 2: Future Plans - Fortuna Mining Corp. aims to complete a feasibility study and make a construction decision by Q2 2026, which could further enhance project value [3] - Updated resource estimates are expected in Q1 2026, potentially increasing the attractiveness of the project ahead of the feasibility study [3] Group 3: Company Overview - Fortuna Mining Corp. is a Canadian mining company focused on extracting precious metals, primarily gold and silver, with operations in Latin America and West Africa [4]
Fortuna Achieves 2025 Production Guidance, Delivering 317,001 GEO, and Issues 2026 Outlook
Globenewswire· 2026-01-15 10:00
Core Viewpoint - Fortuna Mining Corp. achieved its annual production guidance for 2025, producing 317,001 gold equivalent ounces (GEO) across its three operating mines in Latin America and West Africa, despite a decrease in fourth-quarter production due to mechanical downtime at the Lindero mine [1][6]. Fourth Quarter 2025 Highlights - GEO production for Q4 2025 was 65,130, down from 72,462 in Q3 2025 and 75,562 in Q4 2024, primarily due to mechanical downtime at Lindero [2][6]. - Lindero's production was impacted by a failure of the primary crusher and HPGR, leading to a 21% decrease in gold production compared to the previous quarter [15][16]. Full Year 2025 Highlights - Total GEO production from ongoing operations was 279,207, a decrease from 292,169 GEO in 2024, attributed to rising gold prices affecting the gold-to-base-metal ratios [6]. - Séguéla mine achieved record gold production of 152,426 ounces, exceeding the upper end of its annual guidance by 4% [11][6]. - The company streamlined its portfolio by divesting short reserve-life assets, including the San Jose and Yaramoko mines [6]. 2026 Outlook Highlights - The company aims for GEO production between 281,000 and 305,000, representing a projected increase of 1% to 9% compared to 2025 [6][28]. - Cash costs are expected to range from $895 to $1,000 per GEO, with all-in sustaining costs (AISC) projected between $1,830 and $1,975 per GEO [6][29]. - Key growth projects include advancing the Diamba Sud Gold Project and expanding the Séguéla processing plant [6][26]. Regional Performance Séguéla Mine, Côte d'Ivoire - Séguéla produced 36,942 ounces of gold in Q4 2025, with a gold grade of 3.16 g/t and a recovery rate of 92.1% [8][9]. - The mine's production was impacted by downtime due to maintenance but still achieved record annual production [11][7]. Lindero Mine, Argentina - Lindero produced 19,201 ounces of gold in Q4 2025, a 21% decrease from Q3 2025, due to mechanical issues [15][17]. - The mine's total production for 2025 was 87,489 ounces, falling short of annual guidance [17]. Caylloma Mine, Peru - Caylloma produced 39,292 GEO in 2025, with strong operational performance in base metal production exceeding guidance [20][24]. - The mine processed 555,649 tonnes of ore in 2025, maintaining consistent production levels [19][22]. Financial Position - As of December 31, 2025, the company had an estimated liquidity of $704 million and a net cash position of $382 million, supporting planned investments in project development and expansion [27].
Solvay: I'm Still A Buyer Of This High-Yielding Chemical Company
Seeking Alpha· 2025-12-22 15:30
Core Viewpoint - The share price of Solvay SA (SVYSF) is under pressure due to concerns regarding the sustainability of its dividend [1] Group 1: Company Overview - Solvay SA is facing scrutiny over its dividend sustainability, which is impacting its share price [1] - The company is part of a broader investment strategy that includes a mix of dividend and growth stocks [1] Group 2: Investment Strategy - The Investment Doctor emphasizes the importance of a portfolio that balances dividend income with capital gains, particularly in the small-cap sector [1] - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, providing model portfolios and educational content [1]
Fortuna Mining: A Strategic Pivot To High-Margin Quality
Seeking Alpha· 2025-12-22 15:30
Core Insights - Fortuna Mining Corp is undergoing a portfolio optimization process aimed at transitioning up to 2025, rather than pursuing an unconstrained expansion strategy. This fundamental change may take time for the market to fully recognize [1]. Company Analysis - The focus of Fortuna Mining Corp is on optimizing its portfolio, indicating a strategic shift towards enhancing operational efficiency and value creation rather than merely expanding its asset base [1]. Industry Perspective - The consumer products sector is characterized by companies that possess strong brand recognition, solid financials, and growth potential, which are critical factors for identifying profitable investment opportunities [1].
Windfall Demonstrates the Power of Digital Exploration with the Identification of Significant Zinc Targets for Tomagold in June 2024
Thenewswire· 2025-12-22 15:30
This news release does not constitute an offer of securities.Brossard, Québec - TheNewswire - December 22, 2025 — Windfall Geotek Inc. (CSE: WIN; OTCQB: WINKF) ("Windfall" or the "Company"), a pioneer in Artificial Intelligence (AI) - driven mineral exploration since 2005, is pleased to announce the identification of 11 high-priority zinc targets within the Chibougamau mining camp region of Québec for Tomagold (TSXV: LOT; OTCPK: TOGOF)Using its proprietary AI System in combination with a strong historical ...
Fortuna Expands Southern Arc Mineralization with Drill Intercept of 1.7 g/t Au over 29.6 meters and a further 2.0 g/t Au over 20.0 meters from DSDD574 at the Diamba Sud Gold Project, Senegal
Globenewswire· 2025-12-08 10:00
Core Viewpoint - Fortuna Mining Corp. reports positive exploration drilling results from the Southern Arc deposit at the Diamba Sud Gold Project in Senegal, indicating strong potential for resource growth and robust project economics with an estimated after-tax NPV5% of US$563 million and an IRR of 72% at a gold price of US$2,750 per ounce [1][2]. Exploration Results - The company has completed an additional 63 reverse-circulation and diamond drill holes totaling 9,619 meters at Southern Arc, with ongoing drilling using five rigs [3][6]. - Significant drill results include: - DSDD555: 6.8 g/t gold over an estimated true width of 35.5 meters [2][3]. - DSDD574: 1.7 g/t gold over an estimated true width of 29.6 meters and 2.0 g/t over an estimated true width of 20.0 meters [5][6]. - DSDD558: 8.8 g/t gold over an estimated true width of 14.4 meters [4][5]. - DSDD563: 5.8 g/t gold over an estimated true width of 20.8 meters [4][5]. Project Development - The Diamba Sud project is currently at the PEA stage and is advancing towards a feasibility study, with a construction decision targeted for the second quarter of 2026 [1][2]. - An updated resource estimate is expected in the first quarter of 2026, incorporating the latest drilling results [2][3]. Geological Context - Mineralization at Southern Arc is characterized by fine stockwork vein arrays and pyrite-silica flooding, with strong correlation to tectonic breccia and carbonate units [7][8]. - The mineralization remains open to the south, east, and at depth, with drilling only testing to approximately 150 meters below the surface [8].
CE Upsizes $1.4 Billion Notes Offering to Strengthen Liquidity
ZACKS· 2025-12-04 15:16
Core Insights - Celanese Corporation's subsidiary, Celanese US Holdings LLC, has announced a $1.4 billion registered notes offering, increased from an initial $1 billion, consisting of $600 million of 7% Senior Notes due 2031 and $800 million of 7.375% Senior Notes due 2034 [1][8] - The offering is expected to close around December 17, 2025, and the net proceeds will be used to repay outstanding borrowings under a five-year term loan due 2027 and to fund cash tender offers for certain Senior Notes due 2027 and 2028 [2][8] - The transaction aims to manage the company's debt maturity profile and strengthen liquidity, aligning debt maturities with a conservative outlook for free cash flow generation [3][8] Financial Performance - Celanese's shares have declined by 39.6% over the past year, while the industry has seen a smaller decline of 8.7% [4] - The company currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook compared to better-ranked stocks in the Basic Materials sector [5] Market Context - The move to issue new notes is part of Celanese's broader strategy to proactively manage leverage and maintain flexibility amid evolving market conditions [3][8]
Fortuna Awards the Séguéla Mine Plant Expansion Study, Côte d’Ivoire
Globenewswire· 2025-12-03 10:00
Core Viewpoint - Fortuna Mining Corp. has initiated a Processing Plant Expansion Options Study for the Séguéla mine in Côte d'Ivoire, aiming to enhance production capacity and capitalize on exploration successes [1][3][4]. Group 1: Expansion Study Details - Lycopodium Minerals Canada Ltd. has been selected to conduct the expansion study, reflecting Fortuna's confidence in their expertise and understanding of the Séguéla project [1][3][5]. - The study will assess options to increase the processing plant's throughput from the current capacity of 1.75 million tonnes per annum (Mtpa) to between 2.0 and 2.5 Mtpa, targeting over 200,000 ounces of gold production annually [4][5]. - The study is set to commence immediately, with completion expected in the second quarter of 2026 [6]. Group 2: Strategic Objectives - The expansion initiative aligns with Fortuna's strategic goal to maximize value from the Séguéla Mine and accommodate resource growth, including potential underground mineralization from the Sunbird deposit [4][9]. - The company aims to achieve approximately 500,000 ounces of annual gold equivalent production within the next three years, supported by ongoing projects like the Diamba Sud Gold Project in Senegal [3][4]. Group 3: Company Background - Fortuna Mining Corp. is a Canadian precious metals mining company with operations in Argentina, Côte d'Ivoire, Mexico, and Peru, focusing on sustainable practices and stakeholder relationships [8]. - The company recently reported an extension of the reserve life of the Séguéla mine to 7.5 years and is working on converting significant mineral resources into reserves [9].