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Fortuna Silver Mines, Inc.
Toronto Stock Exchange: FVI | New York Stock Exchange: FSM
Company Description
Fortuna is positioned for sustainable growth with two, 100%-owned underground operating silver mines and extensive property holdings in Peru and Mexico. Established in 2005, the company has built a reputation as an efficient mine builder and operator by generating steady production growth. Annual production is forecast to grow from approximately 4.4 million ounces of silver and 23,300 ounces of gold in 2013, to 5 million ounces of silver and 26,000 ounces of gold by 2014. Fortuna’s land package, of 95,600 hectares, offers attractive organic growth potential. Exploration programs in 2013 include 51,000 meters of drilling to test multiple silver and gold targets at the San Jose (Mexico) and Caylloma (Peru) mines. The company is also evaluating post-discovery, pre-development stage acquisition opportunities in the Americas.
Fortuna's key strength is management’s extensive mine operating and development experience in Latin America. Management is committed to creating sustainable value by maintaining the health and safety of workers, subscribing to the highest environmental standards and respecting host communities.
Featured Media
Corporate Presentation
April 2013
Executives
- Jorge A. Ganoza, Geological Engineer, President, CEO and Director
- Jorge Ganoza is a geological engineer with over 18 years of experience in mineral exploration, mining and business development throughout Latin America. He is a graduate from the New Mexico Institute of Mining and Technology. Jorge is a fourth generation miner from a Peruvian family that has owned and operated underground gold, silver and polymetallic mines in Peru and Panama. Before co-founding Fortuna back in 2004 he was involved in business development at senior levels for several private and public Canadian junior mining companies working in Central and South America. Jorge also serves as Chairman of the Board of Atico Mining Corporation, a TSX.V listed company.
- Thomas I. Vehrs, Ph.D., Vice President of Exploration
- Over the past thirty-five years, Dr. Thomas Vehrs has built a successful career in mineral exploration and mine development. During this time, he has consulted for and/or held senior positions with Gold Fields, Cyprus-Amax, Western States Minerals and Anaconda Minerals, as well as being a founder, President and COO of Aquest Minerals Corp. Since 1980, Tom has worked extensively in Latin America, developing and managing exploration programs in Chile, Peru, Bolivia, Columbia, Argentina, Mexico and Central America with emphasis on epithermal and porphyry-related mineralized systems. Dr. Vehrs is a Founding Registered Member of The Society for Mining, Metallurgy, and Exploration, Inc. (SME Member Number 3323430RM), a Fellow of the Society of Economic Geologists and a Member of The Geological Society of America. Tom also serves as an independent director for AQM Copper Inc.
- Luis Dario Ganoza, B. Sc. Engineering, MBA, M. Sc., Chief Financial Officer
- Mr. Luis D. Ganoza has 12 years of experience in the operation and financial management of mining companies. He has held the position of CFO at Fortuna Silver Mines Inc. since 2006 and previously held the positions of Controller and Treasurer for one of Peru's largest public mining companies. Luis has a B.Sc. in Mining Engineering from the Universidad Nacional de Ingenieria in Peru, and an M.Sc. in Accounting and Finance from The London School of Economics. Luis also serves as a Director of Atico Mining Corporation, a TSX.V listed company.
- Manuel Ruiz-Conejo, B. Sc. Engineering, Vice President of Operations
- Mr. Manuel Ruiz-Conejo is a mining engineer graduated from the Universidad Nacional de Ingenieria in Lima, Peru. He has more than 25 years in the mining industry and has worked for the most prolific polymetallic mines and mine contractors in Peru. As an engineer, he participated in the implementation and execution of critical projects. As an executive, he devised and supervised the execution of several multimillion dollar mining projects. In 2005, he became Chief Operating Manger of Minera Atacocha. Manuel also holds an Executive Mangement Program from the Universidad de Piura in Peru. Amongst his different areas of expertise, he has vast experience in community relations.
- Cesar Pera, Vice President of Human and Organizational Development
- Mr. Cesar Pera is a organizational psychologist with a masters degree in Organizational Psychology from the University of Madrid. Cesar has over 25 years experience in organizational development and change in Latin American companies. He has served as president of the Peruvian Association of Human Resources (APERHU) and also as Vice President of the Interamerican Federation of Human Management (FIDAGH) for the Andean region. Cesar is currently director of the masters degree program in Organizational Development and People Management at the Universidad del Pacifico in Peru.
- Robert Brown, B.Sc. (Hons Geol), MBA, Vice President of Corporate Development
- Mr. Brown has 20 years of international experience in exploration, project development, finance and corporate development. Throughout his career he has identified exploration and development opportunities through the detailed analysis of economic, geologic and corporate criteria. Prior to joining Fortuna Mr. Brown was President and CEO of Calibre Mining Corp. where he was responsible for the acquisition, exploration and development of the company's projects in Australia, North America and Central America. Mr. Brown also spent nine years with Barrick Gold in various senior management roles in exploration and business development and was involved with numerous exploration, valuation, and merger and acquisition transactions. Mr. Brown is a graduate of the University of Alberta with a Bachelor of Science degree in Geology (Honors), Brown also holds an MBA from the University of Toronto.