28-10-2015Ormonde Mining on track for first tungsten by end 2016
The money’s in the bank, the permits are falling into place, and major items of plant will shortly be ordered. It all seems to be falling into place for Ormonde Mining (LON:ORM), which after a slow start on the markets many years ago has gradually been building up a head of steam at its Barruecopardo tungsten project in Spain.
30-09-2015Ormonde Mining back in profit, confirms new managing director
Irish-listed exploration firm Ormonde Mining swung back in into profit in the first-half of 2015 as the Spanish-focused group announced a number of board and management changes following the death of managing director Kerr Anderson last month.
20-05-2015Oaktree to take majority stake in Irish-listed Ormonde Minings Barruecopardo Mine
US fund Oaktree Capital is poised to take a majority stake in Ormonde’s Spanish tungsten mine after shareholders in the Irish-listed company voted overwhelmingly in favour of the deal.
29-04-2015Ormonde secures €90.4m from Oaktree to fund Spanish tungsten mine
Ormonde Mining has secured funding for its Barruecopardo tungsten prospect in Salamanca. US investment group Oaktree has agreed to provide $99.7 million (€90.4 million) which the Irish listed mining group says will cover the development of the Spanish site and part-fund a second stage evaluation of potential underground expansion of the mine.
24-11-2014Ormonde Mining Gets The Green Light For Barruecopardo From The Spanish Authorities
Since Ormonde took over, a new resource has been worked up, a feasibility study has been completed, offtake agreements signed, and a debt arranger signed up to procure finance.
29-09-2014Ormonde Mining expects Barruecopardo mining permit shortly
Ormonde is hopeful the mining concession for its Barruecopardo tungsten project in Spain is imminent
21-08-2014Broker SP Angel rates Ormonde shares a 'buy'
Ormonde Mining (LON:ORM) was also a feature after broker SP Angel rated the shares a 'buy' with a punchy target price of 8 pence a share (current price 4.875p).
07-07-2014Ormonde narrows losses, ready for Spain
Irish-based, Spanish focussed miner, Ormonde Mining, today said it has narrowed its full year pre-tax loss to E1.8m, from a loss of E4.5m a year ago as it gears up for its Spanish tungsten mine.
03-03-2014Ormonde gears up for Spanish mine start
Ormonde, today said it has awarded the engineering design contract for its Barruecopardo Tungsten Project in western Spain to UK-based Fairport Engineering Limited.
03-02-2014Ormonde Mining shares soar on latest permitting
Shares in Ormonde Mining (LON:ORM) shot up on Monday as it reported further significant progress at its flagship Barruecopardo tungsten project in Spain.
29-01-2014Ormonde hire Swedbank for E50m bond
Ormonde Mining today said that it has appointed Swedbank Norway as Advisors for its contemplated senior bond of E50m to finance its Barruecopardo Tungsten Project.
08-01-2014Progress on Ormonde Mining's tungsten project in Spain
Shares in exploration group Ormonde Mining rose sharply in Dublin and London today after it reported progress on the development of its Barruecopardo tungsten project in Salamanca in Spain.
30-09-2013Ormonde losses widen as Spain ops near
Ormonde this morning posted a first half loss on ordinary activities that widened to E0.94m, from a loss of E0.49m a year ago as it gears up to start extracting ore from its Spanish operations.
18-09-2013Ormonde raise E1.27m in shares placing
Irish-based, Spain-focussed miner, Ormonde Mining, today said it raised just over £1m (E1.27m) as it confirmed talks with potential funders of the Barruecopardo tungsten project continue.
10-04-2013Ormonde upbeat about Spanish application
Irish miner, Ormonde, today said it has passed a critical stage in its application process for a licence at its Barruecopardo tungsten mine in Spain, which received only a single response during the key public consultation period.
11-03-2013Ormonde hopeful of more Spanish gold
Irish prospector, Ormonde Mining, this morning said it is hopeful of finding more near-surface gold at its Peralonso permit in western Spain after analysing test results.
- 14-12-2012Barruecopardo Tungsten Project Flythrough
This video presents a visualisation of the Barruecopardo Tungsten Mine. It displays its development over the initial 9 year life of the open pit, followed by the restoration of the mine area which will be undertaken followin completion of the mining.
23-10-2012Ormonde Mining reports 'excellent' results from Spain
Ormonde Mining has reported ''excellent'' results from the first trenching finished on the Cabeza de Caballo gold prospect in the Salamanca Province in Spain.
16-10-2012Ormonde Mining expands mining potential at Barruecopardo
Ormonde Mining (LON:ORM) has increased the potential for future mining at its flagship Barruecopardo project in Spain.
27-09-2012Ormonde putting building blocks in place ahead of Barruecopardo development
Spain-focused Ormonde Mining (LON:ORM) said it is putting the essential building blocks in place as it takes its flagship Barruecopardo Tungsten project into development next year.
26-07-2012Ormonde poised to start Spanish mining
Saloro SLU has now submitted to the relevant mining authorities the final stage documentation supporting their application for a Mining Concession.
13-03-2012Ormonde raises £3.4m through placing
Ormonde Mining has raised £3.4 million (€4.04 million) through the placing of new equity at 10 pence per share.
13-12-2011Ormonde Mining has chance to capitalise on massive opportunity at Barruecopardo
Scan the mining sector and you’ll notice there are a number of juniors that have made material progress in the last year.
16-11-2011Ormonde Mining article on Minesite
Ormonde’s Kerr Anderson Is Confident He Can Raise The Finance To Put The Barruecopardo Tungsten Operation Into Production Soon
- 07-11-2011Ormonde's MD, Kerr Anderson interview
Kerr Anderson, MD or Ormonde Mining, tells Proactive Investors that its flagship operation, the Barruecopardo tungsten project, is coming along beyond initial expectations. Kerr also talks about the rise in the price of tungsten and its impact on the economics at Barruecopardo as well as Ormonde's gold and copper assets.
26-10-2011Major tungsten production boost in Spain for Ormonde
ORMONDE, an Irish mining company with operations in Spain, said there is far more tungsten at its mine near Salamanca than previously reported. The shares jumped 13pc.
26-10-2011Ormonde mine gets 'significant upgrade'
IRISH EXPLORATION group Ormonde Mining announced a “significant resource upgrade” for its flagship tungsten project in western Spain yesterday.
25-10-2011Ormonde Mining’s shares move ahead after significant upgrade at Barruecopardo
Ormonde Mining (LON:ORM) reported this morning that a significant resource upgrade at its Barruecopardo tungsten project in western Spain suggests that the project is capable of “substantially larger” annual tungsten production. Shares in the firm were up 13.9 per cent at nine pence each at lunchtime today.
19-10-2011Ormonde Mining reveals positive results from Zamora gold project
Ormonde Mining (LON:ORM) today revealed positive initial drill results from its Zamora gold project in western Spain, including 12 metres at 3.4 grammes of the yellow metal per tonne.
15-08-2011Ormonde awarded four new permits
Ormonde Mining announces the awarding of four new permits for the Ormonde-Antofagasta La Zarza Copper Project
22-07-2011Ormonde Mining applies to re-activate Spanish mine
IRISH exploration company, Ormonde Mining has applied to the mining authorities in Spain for the re-activation of the La Zarza copper mine in the south of the country.
- 23-03-2011Interview with Kerr Anderson
Kerr Anderson from Ormonde Mining sees 'significant' upside potential
13-01-2011Analysts excited by Barruecopardo tungsten project (Proactive Investor)
This morning Ormonde applied for a mining concession so it can bring the important tungsten mine into production in 2012. Analysts hailed the new mine’s prospects as Europe looks for new secure sources of the strategic, and increasingly expensive, metal to loosen China’s tight grip on supply.
15-09-2010The Tungsten Market Is Beginning To Heat Up, And Ormonde Mining Looks Well Positioned To Take Advantage (Minesite)
“The tungsten market’s really moving”, says Kerr Anderson of Ormonde Mining.