This annual report contains forward-looking statements. Please refer to the cautionary language under Cautionary
Statement on Forward-Looking Statements on page 64 of the Management’s Discussion & Analysis.
All figures are in US dollars unless otherwise noted.
COVER PHOTO:
San Jose Mine, Mexico
Who We Are
Trading Symbols
New York Stock Exchange:
FSM
Toronto Stock Exchange:
FVI
In This Report
Fortuna owns and operates two underground mines, San Jose in Mexico and Caylloma in
Peru. We follow a disciplined strategy, driving low-risk, low-cost organic growth by
exploring and developing the 98,000 hectares that surround our mines. Production in
2015 is forecast to reach a total of 6.5 million ounces of silver and 35.3 thousand
ounces of gold, as well as lead and zinc by-products. The estimated annual consolidated
all-in sustaining cash cost, net of by-product credits, is $16.61 per ounce of silver, which
includes $4.00 attributed to sustaining capital costs for a dry stack tailings filter facility
and deposit at San Jose.
Our mission
is to create value through the growth of silver reserves, metal production
and the efficient operation of our assets, with a commitment to safety, social and
environmental responsibility.
Our vision
is to be valued by our workers, the community and our shareholders as a
leading silver mining company in Latin America.
Capital Share Structure
Issued and Outstanding 129,072,567
Stock Options
3,273,355
Warrants
0
Fully Diluted
132,345,922
(June 18, 2015)
