Investor Outlook: Fortuna Mining channels record cash into mine growth
BNN Bloomberg
Fortuna Mining to fund West Africa mine expansions with record cash flow, advances Diamba Sud toward final investment decision.
BNN Bloomberg spoke with Jorge Ganoza, CEO of Fortuna Mining, about capital allocation priorities, resource growth at Diamba Sud and the timeline toward a final investment decision as the company prepares for its next phase of production growth.
Read the full transcript below:
ROGER: Fortuna Mining is out with its Q4 results. The Vancouver company posted record free cash flow in both Q4 and the full year, as well as improved profitability despite costs moving higher. We’re joined now by Jorge Ganoza, CEO of Fortuna Mining, for more on this. Jorge, thank you very much for joining us.
JORGE: Pleasure to be here, Roger.
ROGER: OK, I guess let’s start with what we mentioned first — free cash flow. What’s that money going to do for you? Where are you looking?
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