Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,012.30 −0.4% Silver 52.26 +2.0% Copper 6.30 +1.1% Oil 88.26 +2.6% Palladium 1,055.00 +3.4% ORCL 0.030 +0.0% ELD 49.69 −1.4% OPW 0.150 +0.0% CDE 21.68 −0.1% AEM 268.43 −0.8% WDO 28.21 −0.4% BEA 0.090 +0.0% GAU 3.50 −1.5% BTO 7.47 −1.0% IMG 26.20 −0.5% BOL 0.060 +0.0% CNT 0.030 +0.0% EXN 0.250 +1.0% MNRG 0.080 +6.7% GSKR 2.83 −1.4% FPC 0.450 +1.1% Gold 4,012.30 −0.4% Silver 52.26 +2.0% Copper 6.30 +1.1% Oil 88.26 +2.6% Palladium 1,055.00 +3.4% ORCL 0.030 +0.0% ELD 49.69 −1.4% OPW 0.150 +0.0% CDE 21.68 −0.1% AEM 268.43 −0.8% WDO 28.21 −0.4% BEA 0.090 +0.0% GAU 3.50 −1.5% BTO 7.47 −1.0% IMG 26.20 −0.5% BOL 0.060 +0.0% CNT 0.030 +0.0% EXN 0.250 +1.0% MNRG 0.080 +6.7% GSKR 2.83 −1.4% FPC 0.450 +1.1%
Production / Operations

Fortuna applies for exploitation permit at Diamba

By The Northwire Desk — AI Analysis Feb 10, 2026 · 11:54 FVI · 14.96 Fortuna Mining Corp.
FVI · Price

Executive Summary

  • Fortuna Mining Corp. submitted an application for an exploitation permit for the Diamba Sud gold project in Senegal to the Ministry of Energy, Petroleum, and Mines on February 4, 2026.
  • The company is advancing early works and engineering at Diamba Sud, including site preparation and detailed engineering programs to derisk critical path activities and support the feasibility study.
  • An updated mineral resource estimate for Diamba Sud is planned for publication by the end of the month, which will serve as the basis for estimating mineral reserves and evaluating a potential construction decision targeted for mid-2026.

Key Details

  • Permit Application: Submitted exploitation permit application for the Diamba Sud gold project to the Ministry of Energy, Petroleum, and Mines on Feb. 4, 2026.
  • Engineering & Site Works: Advancing early works and engineering, including site preparation activities and detailed engineering programs designed to derisk critical path activities.
  • Feasibility Study Support: Engineering efforts are intended to support the feasibility study for the project.
  • Resource Estimate Update: Plans to publish an updated mineral resource estimate for Diamba Sud by the end of the month (February 2026).
  • Reserve Estimation: The updated resource estimate will form the basis for the estimation of mineral reserves to be used in the feasibility study.
  • Construction Decision: The updated resources will support the evaluation of a potential construction decision targeted for mid-2026.
  • Previous Economic Assessment: Robust project economics were demonstrated in the preliminary economic assessment (PEA) completed in October 2025 (refer to news release dated Oct. 15, 2025).
Read the original news release →

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M&A / Property