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Fortuna Mining Corp

Common Name
Fortuna Mining
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
FVI
Exchange
TORONTO STOCK EXCHANGE
Description
Fortuna Mining Corp. is a Canadian precious metals mining company headquartered in Vancouver, British Columbia. It operates three producing mines: the Séguéla Mine in Côte d’Ivoire, focused on gold pr...

Fortuna Mining's Energy Data Preview

In 2024, Fortuna Mining disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Fortuna Mining disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2024202320222021-2019
Total Energy Consumption
2,267,716a
1,813,244a
1,713,121a
Non-Renewable Energy Consumption
1,950,236a
1,504,993a
1,421,890a
Renewable Energy Consumption
317,480a
308,251a
291,231a
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Verified Sources Behind Fortuna Mining’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Fortuna Mining's Sustainability Report 2024

Insights into Fortuna Mining's Energy Renewability

In 2024, Fortuna Mining consumed a total of 2.27 million Gigajoules of energy across its operations. Of this total, 14% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 86% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Fortuna Mining's Energy Renewability Rate

14%

How much of Fortuna Mining's energy consumed is renewable?

In 2024, Fortuna Mining consumed a total of 2.27 million Gigajoules of energy, of which 14% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Fortuna Mining has considerable room to improve its energy sustainability strategy.

Are Fortuna Mining's energy practices becoming more sustainable?

Since 2020, Fortuna Mining's total energy consumption increased by 303.59%, including a 25.06% increase in 2024, reflecting a sustained rise in overall energy demand.a

Over the same period, the share of renewable energy decreased by 6.67%, with a further 17.65% drop in 2024, highlighting a weakening in renewable energy performance.a

Overall, Fortuna Mining is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.

Fortuna Mining's Renewable vs Non-renewable Energy Over Time

2.15 M645.26 k2.15 MGigajoules (GJ)2024202320222021202014%17%17%86%83%83%90%85%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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