Fortuna Silver Mines Inc. is a Canadian public silver mining company based in Vancouver, British Columbia. It has two operating mines, one in Peru and one in Mexico, and a mine under construction in Argentina.
It is listed on the Toronto Stock Exchange, with a C$893 million market capitalization as November 2017.
Fortuna was founded in 2004 by Jorge Ganoza and Simon Ridgway. Ganoza is from a Peruvian mining family. Fortuna acquired its Caylloma property in 2004, and started production in 2006.
Also in 2006, it acquired the land necessary for its San José del Progreso mine in Mexico. Construction on the mine began in 2010, with production starting in 2011.
In 2016, Fortuna acquired Goldrock Mines for C$129 million, for that company’s Lindero silver project in Argentina. In November 2017, the company announced it would move forward with construction at its Lindero project.
Traded as: TSX: FVI; S&P/TSX Composite Component; NYSE: FSM
Industry: Silver Mining
Founded: 1990
Founder: Jorge Ganoza; Simon Ridgway
Headquarters: Vancouver, British Columbia, Canada