Fortuna Silver Mines (NYSE:FSM) reported strong first-quarter gold and gold equivalent production from its operations across West Africa and Latin America.
The company’s first-quarter report indicated a notable performance in both gold and silver production in a year that saw a significant rally for these precious metals.
Gold production hit 89,678 ounces, while silver reached 1.1 million ounces, or gold equivalent ounces totaling 112,543, including lead and zinc by-products.
The company reiterated its 2024 annual production guidance, expecting to produce between 343 to 385 thousand ounces of gold, 4.0 to 4.7 million ounces of silver, and between 457 and 497 thousand ounces of gold equivalent ounces.
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