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Ormonde Min Ord EUR0.025(CDI) (ORM)

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26-May-2021 09:03 AM

Ormonde Mining posts modest profit following Spanish asset sale

Mining group Ormonde Mining swung to a modest annual profit after banked gains from an asset disposal. Net profit for the year through December amounted to €0.46 million, compared to a year-on-year loss of €11.3 million. Ormonde recently sold
16-Sep-2020 01:51 PM

Ormonde Mining swings to profit on asset sale; eyes project acquisition

Ormonde Mining swung to a first-half profit after it booked a gain on an asset sale, and said it was conducting due diligence on a potential acquisition of a resources project. Pre-tax profit for the six months through June amounted to €1.16m, compa
19-Jun-2019 08:10 AM

Ormonde Mining books annual loss as production kicks off at Spanish tungsten play

Ormonde Mining booked a full-year loss as it continued to develop the Barruecopardo tungsten project in Spain. Pre-tax losses for the year through December amounted to €1.6m, compared to losses of €0.1m on-year. Ormonde has a 30% interest in
18-Sep-2017 02:11 PM

All resolutions passed at AGM of Ormonde

Ormonde Mining has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:11pm: (LON:ORM) Ormonde Mining PLC share price was +0.08p at 2.55p Story provided by
05-Sep-2017 07:23 AM

Ormonde says Barruecopardo Tungsten project in accelerated construction phase

Ormonde said the Barruecopardo Tungsten project in Salamanca, Spain moved to an accelerated construction and implementation phase, the ramp-up of site activities advanced rapidly and is on schedule, which anticipates mine commissioning in the third quarte
20-Jun-2017 07:43 AM

Ormonde Mining swings to FY pretax loss

Ormonde Mining has swung to a FY pretax loss of €1.9m, from a profit of €2.4m. This was achieved on revenue of €1.0m, from €527,000. "Having revised the Barruecopardo Project schedule during 2016 with the aim of ensuring that the
11-Mar-2015 11:36 AM

Ormonde Mining confirms Almonty approach

Ormonde Mining has confirmed, as announced by Almonty Industries, that it last night received an unsolicited indicative non-binding proposal with respect to a potential offer for Ormonde. The proposal from Almonty, which does not include any material det
29-Sep-2014 07:53 AM

Ormonde Mining widens H1 pretax loss

Ormonde Mining has widened its H1 pretax loss to 1.1m euros, from a loss of 0.9m euros. Turnover was nil. Most of the loss was administration expenses of 0.99m euros, from 0.8m euros. Michael Donoghue, Chairman of Ormonde, commented: "We have made
02-May-2014 10:54 AM

Ormonde Mining shareholders approve placing

The board of Ormonde Mining (LON:ORM) has announced that the resolutions proposed to shareholders at the Company's Extraordinary General Meeting held in Dublin today were duly passed. This enables the completion of tranche 2 of the Placing announc
24-Mar-2014 08:13 AM

Ormonde Mining in Barruecopardo offtake deal

Ormonde Mining said subsidiary SaloroSLU has entered into a binding offtake agreement for tungsten concentrate production from its flagship Barruecopardo Tungsten Project with Noble Resources International, a subsidiary of Noble Group Limited. Noble woul
24-Mar-2014 07:08 AM

Ormonde Mining in Barruecopardo offtake deal

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31-Jan-2014 03:40 PM

Almonty will not make offer for Ormonde

Almonty Industries has agreed C$3.8m financing for potential strategic acquisitions but it will not make an offer for Ormonde Mining. Almonty said it had entered into two unsecure debt facilities with Banca de Empresas, a subsidiary of Banco Santander G
30-Sep-2013 10:16 AM

Ormonde Mining H1 loss widens to 0.94m euros

Ormonde Mining H1 loss on ordinary activities widened to 0.94m euros, from a loss of £0.49m. Turnover was nil. "The key activities in the first half of 2013 have revolved around the permitting and arrangement of financing for our flagship Barrueco
04-Jul-2013 02:00 PM

Ormonde notes favourable comments over project

Ormonde has noted recent articles in the Spanish media over permitting of its Barruecopardo tungsten project. Ormonde says these articles include favourable commentary on a draft environmental impact declaration prepared by the provincial authorities f
16-May-2013 09:05 AM

Ormonde Mining says La Zarza sale still possible

Ormonde Mining said a possible divestment of its La Zarza Copper Project is still possible, in spite of an option period for Spanish firm Nueva Tharsis SA ending without an offer being made. "Nueva Tharsis has advised the Company that negotiations w
17-Apr-2013 07:40 AM

Ormonde Mining FY pretax loss quadruples to 4.5m eur

Ormonde Mining's full-year pretax loss more than quadrupled to 4.5 million euros, from 0.97 million euros, on the back of exploration costs written off. It booked nil revenue for the year. Administrative expenses rose to 1.17 million euros, from 0.9
23-Jan-2013 09:13 AM

Ormonde Mining says Peralonso assays encouraging

Ormonde Mining has reported further encouraging assay results from a second stage of drilling on the Peralonso Permit in the Salamanca Province of western Spain, which forms part of the joint venture with Aurum Mining. Eight holes were drilled to test fo
09-Nov-2012 11:08 AM

Antofagasta opts out of Ormonde Mining project

The Board of Ormonde Mining (LON:ORM) announces that Antofagasta (LON:ANTO) has opted not to pursue an option to acquire an interest in its La Zarza project. Following the recent completion of exploration programmes on the four new investigation permit
16-Oct-2012 09:31 AM

Ormonde upbeat on Barruecopardo findings

Ormonde reports further drilling results from its Barruecopardo Tungsten Project, Western Spain. Two holes were drilled on the northern part of the mineral resource, below a portion of the resource to be mined in the open pit as defined in the Project&ap
27-Sep-2012 09:59 AM

Ormonde focus remains on Barruecopardo Tungsten Project

Throughout 2012, Ormonde Mining has been putting in place the essential building blocks to enable the transformation of the Company to take place next year with development of its flagship Barruecopardo Tungsten Project, Spain. Michael Donoghue, Chairma
04-Jul-2012 08:56 AM

Ormonde pleased by Peralonso Permit results

Ormonde Mining has provided a positive update on the assay results from all three holes drilled to date on the Peralonso Permit in the Salamanca Province of western Spain, which is in joint venture with Aurum Mining. Three short holes were drilled with
06-Jun-2012 08:25 AM

Ormonde board points to Barruecopardo milestone

The board of Ormonde Mining says a significant milestone was reached over the last year, with the completion of the Definitive Feasibility Study on our Barruecopardo Tungsten Project. In a statement the company insisted the study demonstrated the technic
28-Mar-2012 07:40 AM

Ormonde provides positive update from Zamora Gold

The Board of Ormonde reports further positive gold assay results from new drilling on the El Facho gold structure at its Zamora Gold Project. Drilling of the nine-hole programme, which is being funded by joint venture partner Aurum Mining PLC has been
13-Dec-2011 10:05 AM

Ormonde announces new mineral resource at Barruecopardo

Ormonde has reported a final feasibility study for its flagship Tungsten project at Barruecopardo. The very successful infill drilling programme has substantially increased both the size of and confidence in the MRE, including the upgrading of a large
06-Dec-2011 08:18 AM

Ormonde confirms expanded drilling campaign on gold JV

The Board of Ormonde reports that following the recent positive gold intersection results from the initial drilling at the Zamora Gold Project in western Spain, an expanded drilling campaign has been agreed with joint venture partner, Aurum Mining PLC and

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