AuRo Resources buys three Colombian gold properties

Spot gold was steady for a second day at $2,755.35 an ounce at 8:04 a.m. in Singapore.

In calendar 2024, Fortuna produced 369,637 oz. of gold plus 3.7 million oz. of silver, for a record gold-equivalent production of 455,958 oz.

The government is confident that investors will compete for licenses to drill new deposits even amid a worsening global glut.

The Volta Grande project represents a potential long-life open pit operation with average annual gold production of 205,000 oz.