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Fortuna Mining approves USD 109 million expansion of Seguela gold mine in Ivory Coast
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Fortuna Mining approves USD 109 million expansion of Seguela gold mine in Ivory Coast
  • Fortuna Mining set a 30% expansion of the Séguéla gold mine processing plant in Côte d’Ivoire, lifting capacity to 2.3 Mtpa from 1.75 Mtpa.
  • Average gold recovery targeted at 94.5%; plan supports average annual production above 200,000 ounces over the next decade.
  • Estimated construction capital of USD 109 million; projected payback period about 2.5 years.
  • Funding planned from operating cash flow; liquidity stood near USD 800 million at end-Q1 2026.
  • Construction expected to start in H2 2026; Sunbird underground mining slated for Q2 2027; ramp-up to full 2.3 Mtpa targeted in H2 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortuna Mining Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607292056PRIMZONEFULLFEED9800690) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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