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Diamba Sud Gold Project feasibility study shows $1B NPV, 60% IRR, targeting gold production start in 2028

Market News
29 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Fortuna Mining's feasibility study for the Diamba Sud Gold Project in Senegal reveals a robust economic outlook with an after-tax NPV of $1 billion and an IRR of 60% at $3,500/oz gold price. The project plans an open-pit gold mine with a 9.4-year life, producing an average of 116,000 ounces annually and targeting first gold by mid-2028. With $398 million initial capital and secured funding, Fortuna is advancing early works and awaiting mining permits to finalize investment decisions. The project also holds significant exploration upside for resource growth and mine life extension.

More News

Supreme Court rules government geofence data collection is a Fourth Amendment search.

Supreme Court rules government geofence data collection is a Fourth Amendment search.

The U.S. Supreme Court ruled in Chatrie v. U.S. that government collection of location data via geofence warrants constitutes a search under the Fourth Amendment. This decision overturns a lower court ruling and requires further review of whether the...

Market News
Neutral
1 hour ago
DBV Technologies plans BLA submission for VIASKIN® Peanut patch in kids 4-7 after FDA collaboration.

DBV Technologies plans BLA submission for VIASKIN® Peanut patch in kids 4-7 after FDA collaboration.

DBV Technologies is preparing to submit a Biologics License Application (BLA) for its VIASKIN® Peanut patch aimed at children aged 4 to 7 years. The company has engaged in detailed discussions with the FDA to ensure a thorough and efficient review pr...

Market News
Bullish
2 hours ago
Bron and Noah partner to simplify stablecoin access for self-custody wallets worldwide.

Bron and Noah partner to simplify stablecoin access for self-custody wallets worldwide.

Bron, a self-custody crypto wallet provider, has partnered with Noah, a global stablecoin payments infrastructure company, to enable seamless on- and off-ramp access for stablecoins. This integration allows Bron users to easily fund and withdraw from...

Others
Bullish
2 hours ago
Bitget launches global trading league with $240K prizes combining crypto futures and CFDs.

Bitget launches global trading league with $240K prizes combining crypto futures and CFDs.

Bitget has introduced the UEX Futures League, a two-month global trading competition merging crypto futures and traditional market CFDs. The tournament features two stages, each with a $120,000 prize pool, running from June to July, culminating in a ...

Market News
Bullish
4 hours ago
OGE Energy schedules Q2 earnings call for July 29, 2026, with live webcast available.

OGE Energy schedules Q2 earnings call for July 29, 2026, with live webcast available.

OGE Energy Corp. announced it will hold its quarterly earnings and business update conference call on July 29, 2026, at 9 a.m. Eastern Time. Investors and interested parties can listen to the live webcast through the company's website. This event wil...

Company Fundamentals
Neutral
4 hours ago
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