• Séguéla produced 152,426 ounces of gold in 2025, exceeding Fortuna Mining’s guidance range of 134,000–147,000 ounces.

• Fortuna expects output to rise further to as much as 170,000 ounces in 2026 and above 200,000 ounces in the longer term.

• The Ivorian state holds a 10% stake in the mine, while Fortuna controls 90%.

Séguéla produced a total of 152,426 ounces of gold in 2025, according to an operational update published on Thursday, Jan. 15, by Fortuna Mining, the Canadian company that operates the site. This performance allowed the mine to exceed its annual production target, which ranged between 134,000 ounces and 147,000 ounces.

Commissioned in 2023, Séguéla entered its second full year of production in 2025. The operational results also reflected a gradual ramp-up in output, with production rising by about 10% compared with 2024, when the mine produced 137,781 ounces of gold.

Fortuna said it intends to maintain this momentum in 2026. The company already expects production to reach up to 170,000 ounces of gold next year.

Over the longer term, Fortuna has set higher ambitions for Séguéla. The company plans to lift annual production beyond 200,000 ounces, notably through an expansion of the processing plant.

The initiative remains in the planning phase as part of a feasibility study, but Fortuna has already incorporated it into the mine’s annual budget. The company has earmarked $14 million in growth capital, including investments related to the development of an underground mining operation at the site.

Fortuna has not yet published consolidated financial results. As a result, revenues generated from the sale of Séguéla’s gold output in 2025 remain unknown, even as gold prices rose by about 70% over the year.

Meanwhile, higher production already signals positive momentum for Côte d’Ivoire’s mining ambitions. The country aims to raise national gold output to 62 tonnes in 2025 from 58 tonnes in 2024.

The Ivorian state holds a 10% stake in the Séguéla mine, while Fortuna Mining owns the remaining 90%.

This article was initially published in French by Aurel Sèdjro Houenou

Adapted in English by Ange Jason Quenum