Fortuna Mining (FSM) announced that it submitted an application for an exploitation permit for the Diamba Sud gold project to the Ministry of Energy, Petroleum, and Mines on February 4. The company said, “The Company continues to advance early works and engineering at Diamba Sud, including site preparation activities and detailed engineering programs designed to de-risk critical path activities and support the feasibility study. Fortuna also plans to publish an updated Mineral Resource estimate for Diamba Sud by the end of the month. This update will form the basis for the estimation of Mineral Reserves to be used in the feasibility study and will support the evaluation of a potential construction decision targeted for mid-2026. Robust project economics were demonstrated in the Preliminary Economic Assessment completed in October 2025.”
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