Fortuna Silver Mines Inc. is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico. The Company's segments include Corporate, Bateas and Cuzcatlan. The Company owns interest in the Caylloma mine and related mining concessions located in southern Peru. The Caylloma property is located in the Caylloma Mining District, approximately 220 kilometers north-northwest of Arequipa, Peru. The Company produces approximately 1.7 million ounces of silver and over 1,160 ounces of gold at Caylloma. The Company's San Jose property, which covers a silver gold bearing epithermal vein system is located in the state of Oaxaca in southern Mexico. The Company produces approximately 4.9 million ounces of silver and over 38,530 ounces of gold at San Jose.
Fortuna Silver Mines Inc., through its subsidiaries, engages in precious and base metals mining and related activities, including exploration, extraction, and processing. The company operates the Caylloma zinc, lead and silver mine (the ‘Caylloma Mine’) in southern Peru; and the San Jose silver and gold mine (the ‘San Jose Mine’) in southern Mexico. The company is also developing its Lindero gold project (the ‘Lindero Project’) in Argentina. San Jose Mine, Mexico Located in the state of Oaxaca in southern Mexico, the 100% owned San Jose Mine covers a silver-gold bearing epithermal vein system. During 2018, the company plans to process at the San Jose Mine 1,050,000 tonnes of ore averaging 240 g/t Ag and 1.56 g/t Au.
As of December 31, 2017, the San Jose Mine had proven and probable mineral reserves of 5.0 Mt containing 40.1 Moz of silver and 261 koz of gold, in addition to inferred resources of 2.6 Mt containing a further 20.1 Moz of silver and 128 koz of gold. Caylloma Mine, Peru The company owns a 100% interest in the Caylloma Mine and related mining concessions located in southern Peru. During 2018, the company plans to process at the Caylloma Mine 535,000 tonnes averaging 57 g/t silver, 2.41% Pb and 4.21% Zn. As of December 31, 2017, the Caylloma Mine has proven and probable mineral reserves of 1.6 Mt containing 4.7 Moz of silver and 12 koz of gold, in addition to inferred resources of 5.8 Mt containing 19.5 Moz of silver and 66 koz of gold. Lindero Project, Argentina The company owns Goldrock Mines Corp. and a 100% interest in the Lindero Project, a porphyry gold deposit located in northwestern Argentina. The Lindero Project has proven and probable mineral reserves of 88.3 Mt containing 1.7 Moz of gold, in addition to inferred resources of 5.7 Mt containing 0.07 Moz of gold. Customers The lead-silver, zinc, and gold-silver concentrates produced by the company at its Caylloma Mine and its San Jose Mine are sold to international metals traders who in turn deliver the products to different clients worldwide.
Significant Events In February 2019, Prospero Silver Corp. announced that the company has received TSX Venture Exchange acceptance of the option agreement with Fortuna Silver Mines Inc., pursuant to which Fortuna could earn approximately a 70% interest in the company's Pachuca South East Property located in Hidalgo State, Mexico. History The company was incorporated in 1990 pursuant to the Company Act (British Columbia). It was formerly known as Jopec Resources Ltd. and changed its name to Fortuna Ventures Inc. in 1999. Further, the company changed its name to Fortuna Silver Mines Inc. in 2005. The company trades on NYSE exchange. The company headquarter is located in Canada. The company was established in the 1990.
| Ticker | FSM |
| Long Name | Fortuna Silver Mines Inc. |
| Short Name | Fortuna Silver Mines |