Orosur's Uruguay unit agrees payment plan with creditors
18th Dec 2018 09:33
(Sharecast News) - Orosur Mining announced on Tuesday that its wholly-owned Uruguayan subsidiary, Loryser, has reached a payment plan agreement with creditors in Uruguay.
Read moreOrosur Mining signs exploration deal with US giant Newmont
10th Sep 2018 08:35
(Sharecast News) - Orosur Mining wrapped up its non-brokered private placement of $2m with Newmont Mining on Monday, the same day it inked an exploration agreement with the American gold giant's wholly-owned subsidiary for the Anzá exploration project in Colombia.
Read moreOrosur Mining reports on transitional quarter
16th Jan 2017 16:11
(ShareCast News) - South America-focused gold producer, developer and explorer Orosur Mining posted its first half and second quarter results through November 2016 on Monday, updating the market at the same time of its exploration and development activities in Uruguay. The AIM-traded company said it
Read moreOrosur Mining reduces costs and boosts profit in first quarter
17th Oct 2016 08:38
(ShareCast News) - South America-focused gold producer, developer and explorer Orosur Mining announced its results for its 2017 first quarter to 31 August on Monday. The AIM-traded company reported gold production of 9,950 ounces, on the higher end of the company's 35,000 to 40,000 ounce guidance fo
Read moreOrosur Mining continues to dig itself out of its financial hole in 2016
16th Aug 2016 14:32
(ShareCast News) - Orosur Mining continued to dig itself out of the hole it had fallen into as the company progressed on cost-cutting. Full-year fiscal revenues at the South America-focused gold explorer fell 35% to $42.87m, but the company's bottom line, before impairments and write-offs, improved
Read moreOrosur Mining reports $5.1m net profit
18th Aug 2014 16:45
Orosur Mining, the South American-focused gold producer, developer and explorer, reported a $5.1m net profit after tax for the financial year ended 31 May, the company announced on Monday. The net profit is a significant improvement on the $14.8m loss the company had registered in the same period i
Read moreOrosur Mining completes acquisition of Waymar
10th Jul 2014 11:42
AIM-listed exploration group Orosur Mining has completed the acquisition of Waymar, which it said will add to its growing portfolio in South America. The group has finalised the purchase in an all-share deal for the Canada-listed mineral exploration group. Orosur's portfolio now includes the San
Read moreEcofin director marks half year results with share purchase
2nd Jun 2014 15:42
David Simpson, non-executive director of Ecofin Water & Power Opportunities, has acquired 25,000 shares, celebrating a decent set of half year results published last week. Simpson spent 154p on each of the shares, giving the deal a total trade value of £38,500. For the six months ended March 31st
Read more888 CFO sells 1.1m pounds-worth of shares
17th Sep 2013 16:24
Aviad Kobrine, the Chief Financial Officer (CFO) of online gaming entertainment and solutions provider 888, on Monday sold 1.1m pounds-worth of shares in the group, reducing his stake to 3.76m shares. Kobrine, who has held the role of CFO since mid-2005, sold 685,390 shares at 159.51p each. In
Read moreOrosur Mining appoints three new directors and interim CFO
12th Jul 2013 12:46
South American gold producer Orosur Mining has beefed up its board with three new directors. It has named John Walmsley, who has 30 years of experience in the oil and gas markets and was Chief Executive of Hardy Oil and Gas in the mid 1990s, as Chairman. Max Oemick and Sergey Kuznetsov have both
Read moreOrosur Mining dives after warning on profits and job losses
29th Apr 2013 16:16
Orosur Mining shares plunged by almost a third on Monday after the South American focused gold producer and explorer warned that for the 2013/14 financial year both production levels and revenue will be lower as a result of a reduced gold price and the deferral of production at the San Gregorio Deep
Read moreMonday broker round-up UPDATE
29th Apr 2013 08:17
Afren: Liberum Capital shifts target price from 130p to 136p and maintains a hold recommendation. AngloAmerican: Nomura upgrades from reduce to neutral with a target price of 1700p. Antofagasta: Nomura cuts target price from 1250p to 1200p, while its neutral rating remains unchanged. Investec redu
Read moreOrosur Mining on track to meet full-year production target
11th Apr 2013 14:06
South American gold producer Orosur Mining on Thursday announced a hike in output in the third quarter. Gold production for the quarter ended February 28th came to 18,401 ounces, up from 13,668 ounces in 2012. During the period, the group completed the ramp up at Arenal Deeps at the San Gregorio
Read moreOrosur Mining Chief Executive Officer to step down in May
8th Mar 2013 09:33
AIM-listed South America-focused gold producer Orosur Mining has announced that David Fowler will resign from his position as Chief Executive Officer on May 31st. Fowler joined Orosur as Chief Financial Officer in 2004 and became Chief Executive Officer in 2006. The company said that it is in th
Read moreOrosur Mining develops Uruguay's first underground gold mine
14th Feb 2013 07:37
South American-focused gold producer Orosur Mining has completed the development a ramp and lateral waste development to enable production at one of its projects. The company reported that ore development was underway and stoping was planned to commence in the Arenal Deeps area by the end of Febru
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