David Kranzler's questions to FORTUNA MINING (FSM) leadership • Q1 2025
Question
Asked about the amount of savings from the sale of the Yaramoko and San Jose mines, the timeline for a construction decision at the Diamba Sud project, and the timeline for incorporating the Kingfisher deposit into the Seguela mine plan.
Answer
The company estimates saving approximately $50 million in capital that would have been allocated to mine closures, in addition to reallocating management focus. A construction decision for Diamba Sud is anticipated in the second half of 2026. The Kingfisher deposit is expected to be incorporated into the Seguela mine plan and reserves by the end of the year, with official reporting in early 2026.