FORTUNA MINING CORP. (FSM) Form 6-K — Nov 2, 2026
Fortuna Mining received the Notice of Admissibility for its Diamba Sud Exploitation Permit application in Senegal on November 2, 2026, confirming the application complies with all regulatory requirements. The company expects the final Exploitation Permit during Q4 2026 and targets a formal final investment decision in the same quarter, with first gold pour planned for mid-2028. Diamba Sud anchors Fortuna's target of roughly 60% growth in annualized gold production to 500,000 ounces from mid-2028; the June 2026 feasibility study showed an after-tax IRR of 60% and NPV5% of US$1 billion at US$3,500/oz gold.
Key figures
- Npv5 usd
- 1000000000
- First gold target
- mid-2028
- After tax irr percent
- 60
- Camp earthworks percent
- 80
- Camp civil works percent
- 40
- Gold price assumption usd oz
- 3500
- Fiscal stability period years
- 10
- Production target annualized oz
- 500000
- Production growth target percent
- 60
- Detailed engineering progress percent
- 15
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