All Amounts in US Dollars Unless Otherwise Stated First Quarter of Fiscal 2019 Highlights: Quarterly gold production of 27,272 ounces and copper production of 1.4 million pounds; Consolidated COC and AISC of $1,025 and $1,161, respectively; EBITDA of $4.4 million; Revenue of $36.3 million; and Cash balance of $8.3 million as of December 31, 2018. Orvana Minerals Corp. announced today financial and operational results for [...]
All Amounts in US Dollars Unless Otherwise Stated Orvana Minerals Corp. is pleased to confirm its December 21, 2018 press release, by announcing the closing of a €6 million credit facility through its wholly-owned subsidiary, OroValle Minerals S.L. . The Credit Facility provides funds at an attractive interest rate of 2.55%, and is better aligned with OroValle's successful operational turnaround schedule of four [...]
TSX:ORV Orvana Minerals Corp. is pleased to provide production results for the first quarter of fiscal 2019 for its El Valle Mine in Spain and Don Mario Mine in Bolivia. Q1 FY2019 Production Highlights under sustainable mining principles: First quarter gold production of 27,272 ounces; on track to meet 2019 guidance; First quarter gold equivalent production of 30,988 ounces; Orvana continues to drive productivity [...]
All Amounts in US Dollars Unless Otherwise Stated Fiscal 2018 Achievements: Record gold production of 103,384 ounces, 14% increase from 90,292 ounces in previous year. Very satisfactory performance was the result of: Much improved mining rates for higher-grade oxides ore due to investments in fleet, crews' skills and general underground infrastructure at El Valle; and Improved recoveries from the CIL circuit, investment [...]
COMPLETES SUCCESSFUL TWO-YEAR RAMP-UP & PROVIDES 2019 PRODUCTION GUIDANCE TSX:ORV TORONTO, Oct. 17, 2018 /CNW/ - Orvana Minerals Corp. is pleased to provide production results for the fourth quarter of fiscal 2018 and full fiscal year 2018 for its El Valle Mine in Spain and Don Mario Mine in Bolivia. Production Highlights Record consolidated annual gold production of 103,384 ounces, an increase of 14% compared to YE 2017 [...]
TSX:ORV Orvana Minerals Corp. is pleased to announce that Mr. Juan Gavidia, Chief Executive Officer, Ms. Nuria Menendez, Chief Financial Officer and Mr. Gordon Pridham, Chairman of the Board of Directors, will be attending the Precious Metals Summit held at Beaver Creek, Colorado from September 20-22, 2018. The Company will also be attending and presenting at the Denver Gold Forum, ExplDev Conference held at the [...]
TSX:ORV Third Quarter of Fiscal 2018 Highlights: Consolidated quarterly gold production of 26,761 ounces, copper production of 1.6 million pounds; Consolidated revenue increased to $38.4 million from sales; Improved consolidated COC of $1,027 and AISC of $1,291; EBITDA of $3.9 million. Orvana Minerals Corp. announced today financial and operational results for the third quarter . The Company is also providing financial [...]
TSX:ORV TORONTO, July 17, 2018 /CNW/ - Orvana Minerals Corp. is pleased to provide production results for its Spanish and Bolivian operations for the third quarter of fiscal 2018 , featuring consolidated gold production of 26,761 ounces, an 8% increase in production compared to the previous quarter. Q3 2018 Highlights El Valle Mine : Gold production increased by 11% compared to Q2 2018; Gold grade remained steady at 3.36 [...]
TSX:ORV Second Quarter of Fiscal 2018 Highlights: Consolidated quarterly gold production of 24,788 ounces, copper production of 2.6 million pounds; El Valle oxide production sustained at 34% of mill ore feed, achieving highest gold ounce production since 2014; Consolidated COC and AISC of $1,055 and $1,309, respectively; EBITDA of $4.5 million. El Valle transition to higher gold grade oxide mining continues, targeting a [...]
TSX:ORV TORONTO, April 17, 2018 /CNW/ - Orvana Minerals Corp. is pleased to report production results for the second quarter of fiscal 2018 , featuring a 7% increase in consolidated gold production compared to the previous quarter, to an aggregate of 24,788 ounces and an increase in gold equivalent production of 4% to an aggregate of 31,905 gold equivalent ounces. Q2 2018 Highlights El Valle Mine : Gold output increased [...]
TSX:ORV TORONTO, March 26, 2018 /CNW/ - Orvana Minerals Corp. announces that it has amended certain terms of the $12.5 million copper concentrates and gold doré prepayment agreement that was originally announced on July 27, 2016 with Samsung C&T U.K. Ltd. . All dollar figures are in US unless otherwise expressed. Pursuant to an amending agreement , the remaining principal outstanding of $9.3 million payable to [...]
TSX:ORV TORONTO, Feb. 14, 2018 /CNW/ - Orvana Minerals Corp. announced today that, at its annual and special shareholders' meeting held on February 14, 2018, the individuals noted below were elected as directors of the Company. The report on proxies provided by the Company's transfer agent indicated the following: George Darling received 72,937,116 votes ; Alan Edwards received 72,761,516 votes ; Alfredo Garcia Gonzalez [...]