On August 6th, Fortuna Mining reported Q2 2025 free cash flow of $57.4 million and record adjusted EBITDA margins of 55%, supported by higher realized gold prices and solid operational performance. Gold equivalent production reached 75,950 ounces, keeping the company on track to meet full-year guidance.

Net income from continuing operations was $42.6 million ($0.14/share), with adjusted net income at $44.7 million ($0.15/share). Fortuna ended the quarter with $537.3 million in liquidity and increased its net cash position to $214.8 million.

Consolidated AISC rose to $1,932/oz, reflecting peak stripping activities at the Séguéla mine, where production expansion is planned for 2026. The company also advanced its Diamba Sud gold project in Senegal, publishing an updated resource estimate and targeting a PEA in Q4 2025. Fortuna reaffirmed annual cost guidance and expects lower AISC in H2 2025 as stripping activity winds down.