S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$83,126▲1.7% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

Commodities

Home›Commodities›Mining›Fortuna extends Diamba Sud gold deposit in Senegal wit…

Fortuna extends Diamba Sud gold deposit in Senegal with new drilling

Fortuna said new drilling at its Southern Arc zone extends the deposit at depth and will be incorporated into year-end resource and reserve reporting.

Fortuna Mining said new drilling at its Diamba Sud gold project in Senegal could expand the property’s mineral reserve, citing results from the Southern Arc zone.

In one hole, DSR1149 returned 40.8 metres at 3.9 grams of gold per tonne from 228 metres downhole, while another hole, DSDD699, cut 12 metres at 6.8 grams per tonne from 96 metres depth.

Diamba Sud is described as one of the key development assets Fortuna is counting on to raise annual output to 500,000 gold-equivalent ounces by 2028, up from a maximum forecast of 305,000 ounces this year.

Mining.com reported the company plans to incorporate the Southern Arc results into mineral resource and reserve reporting as at year-end, and it also outlined further step-out drilling planned for 2027.

Latest closeGold $4,157.80 ▲0.4%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.