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Fortuna Mining posts Diamba Sud feasibility study with after-tax NPV5% of US$ 1 billion, IRR 60%

PUBT·06/29/2026 21:15:28
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Fortuna Mining posts Diamba Sud feasibility study with after-tax NPV5% of US$ 1 billion, IRR 60%
  • Fortuna Mining released a feasibility study for its Diamba Sud gold project in Senegal, outlining a 9.4-year open-pit CIL mine.
  • Base case at USD 3,500/oz: after-tax NPV5% USD 1.01 billion, IRR 60%, payback about 1 year.
  • Initial capex set at USD 397.5 million; first gold targeted in Q2 2028, pending receipt of a mining permit.
  • Forecast production of 158,000 oz/year in the first 4 years; 116,000 oz/year average over life of mine.
  • Power plan centers on a hybrid system using HFO generation with solar PV and battery storage integration targeted in year 1.


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: 202606291715OMX_____CNEWS_EN_GNW9754323_en) on June 29, 2026, and is solely responsible for the information contained therein.