Fortuna Mining has announced a US$71 million investment aimed at strengthening its operations in Argentina and Peru during 2026, as part of a strategy focused on increasing gold production and expanding its exploration campaigns in the region. The decision comes amid a scenario of high precious metal prices, which the company —listed on the Toronto and New York stock exchanges— seeks to leverage in order to consolidate its key assets in Latin America.
The largest share of resources, US$41 million, will be directed to the Lindero mine, located in the province of Salta, Argentina, where the company projects producing between 92,000 and 102,000 ounces of gold in 2026. Following the completion of its main plant modernization projects, Fortuna anticipates improvements in operational efficiency during the second half of the year. The operation accumulated 42,374 ounces in the first half, remaining aligned with its annual targets.
In Peru, the company will allocate US$29.9 million to the Caylloma polymetallic mine, operated by its subsidiary Compañía Minera Bateas, with a focus on brownfield exploration and the expansion of its tailings storage facility. In addition to gold, Caylloma produces silver, zinc, and lead, positioning it as one of the company’s strategic assets in South America. In the first half of 2026, the mine produced 19,016 gold equivalent ounces (GEO), on track to meet its annual target.
With these investments, Fortuna Mining reaffirms its commitment to the sustained growth of its gold production in the region, building on the results achieved in 2025, when Lindero closed the year with 87,489 ounces of gold.
Click here for read the original article in tecnologiaminera.com published on jul 11, 2026.