Fortuna Receives Positive Decision From Mexican Court Which Reinstates The San Jose Mine Environmental Impact Authorization
Portfolio Pulse from Benzinga Newsdesk
Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) has received a positive ruling from the Mexican Federal Administrative Court, reinstating the 12-year environmental impact authorization (EIA) for the San Jose Mine. The decision is subject to appeal by SEMARNAT, but the company's operations will remain protected by a permanent injunction.
October 30, 2023 | 9:13 am
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Fortuna Silver Mines Inc.'s San Jose Mine has had its 12-year EIA reinstated by the Mexican Federal Administrative Court. This could potentially boost the company's operations and stock performance.
The reinstatement of the EIA for the San Jose Mine is a positive development for Fortuna Silver Mines Inc. This could potentially lead to increased operational efficiency and profitability, which could in turn positively impact the company's stock performance.
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