Episode 18:

In the current backdrop, the U.S. Fed’s favoured inflation gauges continue to accelerate and in an inflationary environment, the value of gold, silver and other precious metals are top-of-mind for investors.
In this episode, Kenrick is joined by Jorge Ganoza, President, CEO and Co-Founder of Fortuna Silver Mines to unpack a number of factors related to precious metals mining and investing. Fortuna recently completed the acquisition of Roxgold to create a low-cost, intermediate gold and silver producer, and announced 2021 gold equivalent production guidance of 283,000 to 323,000 ounces which represents a year-over-year increase of 90 to 116%. With four producing mines and another eight development projects, Fortuna is an exciting growth story with strong free cash flow generation. Kenrick and Jorge discuss joining the family business, inflation and its relationship to gold and silver, the price of gold over the long term, investing in West Africa, management’s alignment with shareholders, and how Fortuna is thinking about ESG issues and responsible mining. Jorge also shares his love for equestrian events and the magic of Peruvian Paso horses.

Guest Speaker - Jorge Ganoza

Jorge A. Ganoza co-founded Fortuna Silver Mines Inc. in 2004 and currently serves as our President and CEO and as a Director on our Board. Jorge is an experienced geological engineer who has worked on mineral exploration, mining and business development projects throughout Latin America since 1995. Before founding Fortuna, he worked in business development at senior levels for several private and public Canadian junior mining companies operating in Central and South America. He graduated from the New Mexico Institute of Mining and Technology in 1995. Jorge served as director of Ferreycorp from March 2017 to July 2020.

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