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Fortuna Achieves 2025 Production Guidance, Delivering 317,001 GEO, and Issues 2026 Outlook
VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM...
About this update from Fortuna Mining Corp.
[{"type":"text","content":"Fortuna Achieves 2025 Production Guidance, Delivering 317,001 GEO, and Issues 2026 Outlook\nVANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) reports production results for the fourth quarter and full year 2025 from its three operating mines in Latin America and West Africa. In 2025, Fortuna achieved its annual production guidance, delivering 317,001 gold equivalent ounces (“GEO”)1. Unless otherwise noted, all dollar amounts in this news release are expressed in U.S. dollars. Fourth Quarter 2025 Highlights GEO production of 65,130; compared to 72,462 GEO in Q3 20252 and 75,562 GEO in Q4 20243,4. The decrease is primarily explained by mechanical downtime of the crushing circuit at Lindero, which was resolved in December. Full Year 2025 Highlights GEO1 production of 317,001, achieving annual guidance range of 309,000 to 339,000 GEO.GEO production from ongoing operations of 279,207 in 2025, compared to 292,169 GEO in 20243,4. The decrease is primarily explained by the impact of rising gold prices affecting the gold-to-base-metal ratios for Caylloma’s GEO calculation.Séguéla delivered record gold production of 152,426 ounces; 4% above the upper end of annual guidance.Completion of the San Jose Mine sale in April 20255 and the Yaramoko Mine sale in May 20256, streamlining portfolio through the divestiture of short reserve-life assets.Total Recordable Injury Frequency Rate (“TRIFR”) of 0.74 compared to 1.36 in 2024. 2026 Outlook Highlights In support of achieving Fortuna’s consolidated gold production target of 500,000 ounces, the Company is advancing two key growth projects in 2026: a construction decision at Diamba Sud by mid-year, and the delivery of the Séguéla processing plant expansion feasibility-level study in Q2.GEO production from ongoing operations of between 281,000 and 305,0007; representing a projected increase of between 1% and 9%, respectively, compared to 2025Cash cost of between $895 and $1,000 per GEO and all-in sustaining cost (AISC) of between $1,830 and $1,975 per GEO. Notes: GEO includes gold, silver, lead, and zinc and are calculated using the following metal prices: $3,453 /oz Au, $40.24/oz Ag, $1,962/t Pb and $2,864/t Zn or the following ratios: Au:Ag = 1:85.8, Au:Pb = 1:1.76, Au:Zn...