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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Fortuna Mining
Fortuna Mining (FVI) investor relations material
Fortuna Mining Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor presentation summary21 Oct, 2026
Growth outlook
Targeting ~500,000 GEO annual production from H2 2028, a 60% increase, driven by the Séguéla expansion and Diamba Sud.
Three operating mines anchor the portfolio; 2026E production mix is 56% West Africa and 44% Latin America.
Mineral inventory totals 4.11 Moz GEO in Proven and Probable Reserves, 1.02 Moz in Measured and Indicated Resources, and 2.16 Moz in Inferred Resources.
Operations and guidance
2026E production guidance is 281,000–305,000 GEO at estimated AISC of $1,830–$1,975/GEO; Q3 production of 69,665 GEO keeps the outlook on track.
Nine-month 2026 production reached 214,754 GEO; Q3 production included 33,744 oz Au at Séguéla, 26,024 oz Au at Lindero, and 9,897 GEO at Caylloma.
The three operating mines have reserve lives of 9 years at Séguéla, 9 years at Lindero, and 4 years at Caylloma.
Financial position and returns
H1 2026 sales rose 55% YoY to $660.9M, free cash flow from ongoing operations rose 109% to $259.7M, and adjusted attributable net income increased 132% to $186.5M.
At June 30, 2026, liquidity was $756.7M and net cash was $435M; $106.6M was returned through share buybacks YTD.
H1 2026 free cash flow was more than double H1 2025; Q2 free cash flow was $85.7M and adjusted attributable net income was $75.5M.
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Latest events from Fortuna Mining
- Q3 free cash flow reached $90.8M as growth projects advanced despite Séguéla disruption.FVI
Q3 2026 - Two funded projects target >500,000 annual gold ounces, with Séguéla expansion due in 2028.FVIMining Forum Americas 2026
- Q2 2026 delivered strong financials, cash flow, and growth project progress despite cost pressures.FVIQ2 2026
- Poised for 60% gold production growth by 2028, backed by strong assets and financials.FVIInvestor presentation
- Robust growth, strong cash flow, and major project advances drive value across key mining assets.FVIInvestor presentation
- Record sales, net income, and free cash flow, driven by higher gold prices and production.FVIQ1 2026
- Strong gold growth, robust financials, and leading ESG drive expansion in key mining regions.FVIInvestor presentation
- Advancing Séguéla and Diamba Sud to restore 500,000 oz gold output, backed by strong cash flow.FVIMining Forum Europe 2026
- Record free cash flow, 44% sales growth, and strong margins drive portfolio optimization.FVIQ1 2025
Next Fortuna Mining earnings date
Q3 20265 Nov, 2026
Fortuna Mining
Next Fortuna Mining earnings date
Q3 20265 Nov, 2026
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Frequently asked questions
Fortuna Silver Mines Inc is a Canadian mining company engaged in the exploration, extraction, and processing of precious and base metals. Its operations include silver, gold, and lead-zinc mines located in Latin America and West Africa. The company also conducts exploration and development activities across its portfolio. Fortuna Silver Mines Inc is headquartered in Vancouver, Canada, and its shares are listed on the TSX.