Ormonde upbeat as it prepares for cash shell status
28th Sep 2022 15:29
(Sharecast News) - Ormonde Mining said in its interim results on Wednesday that it was reviewing acquisition and investment opportunities across a number of jurisdictions.
Read moreOrmonde Mining to advance work programme in Spain
9th Jun 2020 14:02
(Sharecast News) - Ormonde Mining updated the market on its Spanish gold projects and advances in its ongoing review of opportunities on Tuesday, reporting that a "cost-effective" work programme would be advanced at some of its existing projects in Spain.
Read moreOrmonde reports some setbacks at Barruecopardo
25th Nov 2019 14:32
(Sharecast News) - Ormonde Mining updated the market on tungsten concentrate sales by Saloro, the operator of the Barruecopardo Tungsten Mine in Salamanca, Spain, in which Ormonde held a 30% joint venture interest on Monday.
Read moreOrmonde joint venture Saloro enters into new EUR 10m loan facility
17th Oct 2019 16:54
(Sharecast News) - Ormonde Mining reported on Thursday that Saloro, the operator of the Barruecopardo Tungsten Mine in Spain in which Ormonde holds a 30% joint venture interest, has entered into a €10m, 12 month term loan facility to be provided by funds managed by Oaktree Capital Management.
Read moreOrmonde reports solid progress at Barruecopardo Tungsten Mine
20th Sep 2019 10:54
(Sharecast News) - Ormonde updated the market on the Barruecopardo Tungsten Mine in Salamanca, Spain on Friday, which was currently in the first year ramp-up operational phase, and was being operated by Saloro, in which Ormonde holds a 30% beneficial interest.
Read moreOrmonde Mining's losses widen ahead of 'challenging' year
19th Jun 2019 13:13
(Sharecast News) - Ormonde Mining's shares slid on Wednesday after reporting a wider annual loss on the back of a jump in administrative expenses and after notifying that initial ore mined from the Barruecopardo Tungsten Project's northern starter pit has been lower grade than anticipated.
Read moreOrmonde pleased with recent progress at Barruecopardo
26th Feb 2019 15:44
(Sharecast News) - Ormonde updated the market on the construction and commissioning of the Barruecopardo Tungsten Project in Salamanca, Spain on Tuesday, where it held a 30% interest, reporting that open pit mining of surface tungsten ore zones began in January.
Read moreOrmonde Mining boosted as Spanish tungsten project remains on schedule
14th Dec 2018 11:37
(Sharecast News) - Ormonde Mining's shares jumped on Friday as it told investors that development schedule at its 30% owned Barruecopardo tungsten mine has progressed in line with previous guidance.
Read moreOrmonde Mining soars on conformation of Almonty bid
11th Mar 2015 11:13
Spain-focused tungsten miner Ormonde Mining has confirmed it received an unsolicited takeover offer from Canadian group Almonty Industries. Ormonde Mining said it received "an unsolicited indicative non-binding proposal" from Almonty on Tuesday night, but bemoaned a lack of detail as to how the nece
Read moreOrmonde Mining does 350m dollar tungsten supply deal with Noble
24th Mar 2014 11:49
Tungsten miner Ormonde Mining has done a supply deal with commodity marketer and distributor Noble Group, lifting Ormonde's shares. Ormonde said Noble had agreed to buy all the tungsten concentrate produced by its Barruecopardo project in Salamanca, Spain, for the first five years of the open pit's
Read moreOrmonde raises funds for Barruecopardo project
18th Sep 2013 09:51
Ormonde Mining has placed 22.44m new ordinary shares at 4.75p each to raise funds that will enable it to begin the definitive engineering work required to allow for the placement of process plant priority equipment orders at the Barruecopardo project. The placing raised a total of £1.07m before ex
Read moreOrmonde Mining rebuffs Canadian bid approach
9th Aug 2013 13:38
Ormonde Mining has knocked back an unsolicited all-share bid approach from Canada's Almonty Industries. The AIM-listed company slated Almonty's proposal for being "speculative, opportunistic and lacking in both strategic and economic merit" for its shareholders. The Canadian company, which aims to
Read moreOrmonde Mining unveils gold results from Cabeza de Caballo
28th Jun 2013 11:43
AIM-listed Ormonde Mining has reported that four diamond holes have been drilled on the Cabeza de Caballo Permit in the Salamanca Province of western Spain, which forms part of its joint venture with Aurum Mining. In a drilling update published on Friday, the company said that the holes had tested
Read moreOrmonde Mining dips on unexercised option for La Zarza Copper Project
16th May 2013 13:49
AIM-listed mineral resource company Ormonde Mining has reported that the option period for a possible agreement with the Spanish company Nueva Tharsis SA relating to the potential divestment of the company's interest in the La Zarza Copper Project, has ended with the option not being exercised. Orm
Read moreResources round-up: Firestone Diamonds, Edge Resources, Ormonde Mining
16th Oct 2012 15:00
Firestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found -
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