Fortuna Mining Corp (NYSE:FSM)
$ 4.78 -0.01 (-0.21%) Market Cap: 1.50 Bil Enterprise Value: 1.50 Bil PE Ratio: 4,780.00 PB Ratio: 1.11 GF Score: 80/100

Fortuna Silver Mines Inc at Denver Gold Forum Europe Transcript

Apr 11, 2023 / 12:10PM GMT
Release Date Price: $4.02 (+2.03%)
Unidentified Participant

Our last presentation in this group is from Fortuna Silver Mines. Fortuna is a Canadian precious metals mining company with operating mines in Argentina, Burkina Faso, Mexico, and Peru and a fifth mine under construction in Côte d'Ivoire. Speaking today is Jorge Ganoza, the company's President, CEO and Director, who cofounded Fortuna in 2004.

Jorge Ganoza
Fortuna Silver Mines Inc. - President, CEO, Director

So I'm going to be telling you about Fortuna, this year, you'll see us operating five mines. We're established in Latin America, where we operate in San Jose, Caylloma, and Lindero mines. And in West Africa, the Yaramoko mine in Burkina Faso. And we're developing will be our fifth mine this year, the Séguéla project, which is expected to come into production by mid, actually next month, May, June 2023.

In 2022, we produced 400,000 ounces of gold, that's a gold equivalent. 68% of revenue coming from gold and about 22% from silver, and the balance is byproduct lead, zinc. At an all-in sustaining cost of around $1,380. For 2023, we

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