Fortuna Silver 2012 Annual Report - page 3

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DELIVERING GROWTH
CREATING VALUE
In 2012, Fortuna delivered its sixth consecutive year of record silver and gold production,
exceeding its guidance by 8 % and 19 %, respectively. Revenue, net income and cash
generated by operating activities also reached record levels. With efficient, low-cost
operations and a strong balance sheet to support its disciplined growth strategy, the
company is better positioned than at any other time in its history to create long-term
value for our shareholders.
Sustainability is central to our operations. We are committed to ensuring the health and
safety of our personnel, subscribing to the highest environmental standards and
respecting our host communities.
We believe responsible corporate citizenship results in greater operational effectiveness –
minimizing risks and contributing to the creation of sustainable value for all stakeholders.
San Jose Mine, Mexico
Fortuna Silver Mines Inc.,
one of latin America’s fastest growing silver producers, aims to become one of the
leading silver miners in the Americas. established in 2005, we are poised for sustainable growth with two, 100 % owned
underground operating silver mines and extensive property holdings in peru and Mexico.
our annual production rate is forecast to reach approximately five million ounces of silver and 26,000 ounces of gold,
plus base metals, by third quarter of 2013. ongoing brownfields exploration programs on our 95,000 hectare land
package offer attractive opportunities for driving organic growth.
the company employs over 2,000 people in Canada, Mexico and peru. our common shares trade on the new York Stock
exchange (FSM), toronto Stock exchange (FVI), Bolsa de Valores de lima (FVI) and Frankfurt Stock exchange (F4S.F).
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