Episode Details

In this episode, we chat with Jorge Ganoza, President, CEO, and Director of Fortuna Mining, a Canadian mid-tier precious metals producer with three operating mines and exploration activities located in Argentina, Côte d’Ivoire, Guinea, Guyana, Peru, and Senegal.

Now in its 21st year, Fortuna has undergone a significant evolution, building a reputation for disciplined execution, operational excellence, and strategic growth. Under Jorge's leadership, the company has successfully expanded its geographic footprint, strengthened its portfolio through acquisitions and divestments, and positioned itself for its next phase of growth.

In this conversation, we discuss the leadership qualities required to succeed in the modern mining industry and how Jorge's own leadership approach has evolved throughout his career. We'll look back at Fortuna's journey over the past two decades, explore the company's strategy to achieve annual gold production of approximately 500,000 ounces by the second half of 2028, and examine how recent portfolio optimisation has strengthened the business.

We also dive into some of Fortuna's most important growth initiatives and the company's growing exploration pipeline across West Africa and South America. Finally, we'll discuss Jorge's long-term vision for Fortuna and what investors, communities, and stakeholders can expect from the company as it moves toward the end of the decade

This episode is brought to you by Mining International, a global executive search partner to the mining industry. For bespoke search and advisory services, please visit ⁠www.mining-international.org

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KEY TAKEAWAYS

• The company evaluates long-term potential based on the cash margins and asset resilience an operation can maintain throughout a commodity price cycle, rather than pursuing production scale for its own sake.
• Managing localised political and security volatility requires strict asset evaluation alongside deeply communicative relationship-building with host governments to ensure smooth path-to-development timelines.
• With both the Seguela plant expansion in Côte d’Ivoire and the Diamba Sud project in Senegal heavily underway, Fortuna controls an organic 60% production growth path that does not depend on further acquisition or unproven exploration.

BEST MOMENTS

"Our strategy for the business is to have a business that can perform throughout the precious metals price cycle. In low prices, in medium prices, in high prices, Fortuna should be able to thrive."

"More than getting bigger for bigger's sake, it's about putting together a portfolio of assets that can have those qualities... an asset base with competitive costs and exploration potential."

"This business is built on operational discipline, but that will only take you as far as the asset allows you to at the end of the day."

GUEST RESOURCES

https://fortunamining.com/

https://www.linkedin.com/company/fortunamining/

https://www.instagram.com/fortunamining/

VALUABLE RESOURCES

Mail:        ⁠rob@mining-international.org⁠

LinkedIn: ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠

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