Fortuna reports third quarter 2026 production of 69,665 gold equivalent ounces and advances key growth initiatives - The Manila Times

AI desk brief

Fortuna Mining reported Q3 2026 production of 69,665 gold-equivalent ounces, down from 72,217 GEO in Q2 and 72,462 GEO in Q3 2025, while still tracking toward full-year guidance of 281,000-305,000 GEO. Year-to-date output was 214,754 GEO. The company said Séguéla was hit by contractor equipment issues and a temporary artisanal miner blockade that reduced mining volumes and delayed access to higher-grade ore, though mining normalized in September and Q4 production is expected to recover as access improves.

Fortuna also approved a $109 million, 30% expansion of the Séguéla processing plant, which would lift throughput to 2.3 million tonnes per year, restore recoveries to 94%, and support annual gold production of more than 200,000 ounces from H2 2028. The Sunbird underground project is advancing toward final permitting in Q4 2026, with first feed expected in 2028, while the newly acquired 190 km² Bambadji project expands the Diamba Sud footprint in Senegal and drilling has already started.