Fortuna Mining is evaluating a proposed $100 million expansion of its Séguéla Gold Mine in Côte d’Ivoire, aiming to increase processing capacity and boost gold production. The project is currently under review and remains subject to a final investment decision, financing, and regulatory approvals.
According to the company’s feasibility study, the proposed investment would raise the mine’s annual ore processing capacity from 1.75 million tonnes to 2.3 million tonnes. The expansion plan includes the installation of a new grinding mill, improvements to gold recovery systems, and upgrades to backup power infrastructure to support higher operational efficiency.
The Séguéla Gold Mine has continued to strengthen its performance since commencing operations. Fortuna Mining reported gold production of 152,426 ounces in 2025, representing approximately 10% year-over-year growth. The company expects production to increase further in 2026, with output projected to reach up to 170,000 ounces. The expansion proposal also follows the discovery of additional underground reserves near the Sunbird deposit, highlighting the mine’s long-term growth potential.
Before construction can begin, Fortuna Mining must secure project financing and obtain the necessary regulatory approvals. The company has not yet announced a timeline for a final investment decision or any potential employment opportunities related to the expansion.
Fortuna Mining owns a 90% stake in the Séguéla Gold Mine, while the Government of Côte d’Ivoire holds the remaining 10%. If approved, the expansion is expected to strengthen the mine’s contribution to the country’s growing gold industry and reinforce Côte d’Ivoire’s position as one of West Africa’s leading gold-producing nations.
