Fortuna Mining has said it is evaluating mid-tier gold acquisition opportunities as part of efforts to rebuild production levels and return to its output targets, following recent operational setbacks, as reported by Reuters.
The Canada based miner has faced lower output in recent quarters due to grade variability and operational challenges at some of its mines. Company executives said the renewed acquisition focus is aimed at securing producing or near producing assets that can deliver stable output and cash flow, according to comments made during its latest earnings briefing.
Fortuna noted that its balance sheet remains strong, giving it flexibility to pursue disciplined deals while maintaining capital returns and debt management. Market analysts cited by Reuters said the company’s strategy reflects a broader trend among mid sized gold producers seeking consolidation opportunities amid rising costs and tighter financing conditions.
The miner added that restoring production momentum remains a priority in 2025, with operational improvements underway alongside its search for assets that fit its technical and jurisdictional criteria, the company said in a statement.
