Fortuna Mining Corp (NYSE:FSM)
$ 4.32 -0.09 (-2.04%) Market Cap: 1.36 Bil Enterprise Value: 1.43 Bil PE Ratio: 61.88 PB Ratio: 1.02 GF Score: 81/100

Fortuna Silver Mines Inc at 121 Mining Investment Cape Town Conference Transcript

May 10, 2022 / 08:20AM GMT
Release Date Price: $2.92 (-2.34%)
Paul Weedon
Fortuna Silver Mines Inc. - SVP, Exploration

Great. Thank you. I like everybody to watch what's happened over the last 12 months with Fortuna.

Skip through. So Fortuna, for those of you who are not familiar, Fortuna was or is a South American-dominated organization. July last year, they acquired Roxgold. Roxgold is the West African side of the business now.

That combination has brought together a pretty experienced management team. The Roxgold side, the management, most of that has stayed within the organization. And we're seeing what's now emerging as a quite a large mid-tier commodity company. We've got copper, gold -- sorry -- silver, lead, zinc, and gold, and we're increasingly becoming much more of a gold-focused company.

Annual production is now looking around about the 400,000-ounce mark per annum on a gold-equivalent basis. And we're generating a significant amount of cash that comes out of this.

Just quickly, where are we placed around the world? As you can see there, we've got an underground operation in Mexico. We've got another underground

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