Fortuna Silver Mines Inc. reports that the Company has filed today its fiscal 2018 annual report on Form 40-F with the U.S. Securities and Exchange Commission. The Form 40-F, which includes the Company’s fiscal 2018 annual audited financial statements, management’s discussion and analysis, and annual information form, is available on the Company’s website and on the SEC’s website. Printed copies of [...]
Fortuna Silver Mines Inc. reports that the Company has filed today updated technical reports on its San Jose Mine and Caylloma Mine dated effective February 22, 2019 and March 8, 2019, respectively. The technical reports are available on the Company’s website, on SEDAR, and on the SEC’s website. Mr. Eric Chapman, Vice-President of Technical Services for the Company, is a “qualified person” as such [...]
Fortuna Silver Mines Inc. is pleased to report that the Mexican National Water Commission has completed its investigation and issued a resolution into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains . CONAGUA’s resolution confirms that no remediation of the nearby Coyote Creek is required. However, the Company [...]
Fortuna Silver Mines Inc. is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2018 for the Caylloma Mine located in Peru and the San Jose Mine located in Mexico. Jorge A. Ganoza, President and CEO, commented: “For the second successive year, our infill drill programs at both San Jose and Caylloma were successful at replenishing Mineral Reserves mined.” Mr. Ganoza [...]
Fortuna Silver Mines Inc. today reported full year 2018 net income of $34.0 million, adjusted net income of $38.4 million, and adjusted EBITDA of $113.9 million. Jorge A. Ganoza, President and CEO, commented, “In 2018 we had strong financial results with free cash-flow generation from ongoing operations of $55 million and adjusted net income of $38.4 million. Our strong results in the year, in spite of a weaker [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the fourth quarter and full year 2018 on Wednesday, March 13, 2019 after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, March 14, 2019 at 8:00 a.m. Pacific | 11:00 a.m. Eastern. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief [...]
Fortuna Silver Mines Inc. is pleased to provide an update on construction activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina. Tertiary crushing foundations Leach pad earthworks and lining Permanent camp Following the cessation of unusually heavy rainfall in Salta Province in recent weeks, which resulted in damage to the road leading to the Lindero Project site , management [...]
Fortuna Silver Mines Inc. is pleased to report that the Federal Attorney's Office for Environmental Protection has completed its investigation into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains . PROFEPA’s final report confirms that the overflow did not contaminate soil, and therefore no remediation is [...]
Fortuna Silver Mines Inc. is pleased to provide an overview of its Brownfields exploration programs in Mexico, Peru and Argentina. David F. Volkert, Vice President of Exploration, commented, "An important exploration priority at Fortuna is to continue adding to the longevity of our mines. During the third and fourth quarters of 2017 and throughout 2018, the Company drilled a total of 62,412 meters in 134 surface and [...]
Fortuna Silver Mines Inc. reports that although weather conditions at the Lindero gold Project site in the Province of Salta, Argentina have remained normal, unusually heavy rainfall over the past week in other regions of the Province has caused damage to two segments of the 450 kilometer road from the city of Salta to the Lindero Project. As a result, transportation to and from the project site is restricted to light [...]
Fortuna Silver Mines Inc. is pleased to announce fourth quarter and full year 2018 production figures from its two underground operating mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru. For the full year 2018, the Company produced 8.9 million ounces of silver and 54.2 thousand ounces of gold or 12.8 million Ag Eq1 ounces. 2018 Consolidated Production Highlights Silver and gold production were 7 % and 12 [...]
Fortuna Silver Mines Inc. today reported net income of $6.9 million, earnings per share of 4 cents and revenue of $59.6 million in the third quarter of 2018. Jorge A. Ganoza, President and CEO, commented, “We have delivered a solid quarter in spite of a 12% and 5% decrease in silver and gold prices, respectively, in the third quarter, with earnings per share of $0.04, EBITDA of $24.2 million, and free cash flow [...]
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