Orvana Minerals Corp.

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 [...]

TSX:ORV First Quarter of Fiscal 2018 Highlights: Quarterly gold production of 23,172 ounces and copper production of 2.8 million pounds; El Valle oxide production increased to 37% of mill ore feed; Consolidated COC and AISC of $999 and $1,253, respectively; EBITDA of $4.2 million; Cash balance of $20.6 million at December 31, 2017. Fiscal 2018 Outlook: El Valle transition to higher gold grade oxide mining continues [...]

TSX:ORV TORONTO, Jan. 31, 2018 /CNW/ - Orvana Minerals Corp. announces that the board of directors has accepted the resignation of Mr. James Gilbert as Chairman and Chief Executive Officer as well as a director of Orvana. Mr. Gilbert has decided to pursue other opportunities. Effective immediately, the Board has appointed Mr. Juan Gavidia as the Interim Chief Executive Officer and Mr. Gordon Pridham, currently Lead [...]

TSX:ORV TORONTO, Jan. 19, 2018 /CNW/ - Orvana Minerals Corp. today provided the following production results for the El Valle Mine in Spain and Don Mario Mine in Bolivia for the first quarter of fiscal 2018 . Consolidated quarterly gold production of 23,172 ounces, full-year guidance maintained; El Valle: Q1 2018 gold production decreased by 29%, compared to Q4 2017 primarily due to slower than expected oxide development [...]

TSX:ORV TORONTO, Dec. 21, 2017 /CNW/ - Orvana Minerals Corp. announces that it has made a grant of stock options under its stock option plan to certain of its directors and executives to acquire a total of 3,108,237 common shares of the Company . All of the options are exercisable at a price of $0.21 per Common Share. The initial one-third of the options will vest on the first year anniversary of the option grant, the [...]

Fiscal 2017 achievements: Record annual gold production of 90,292 ounces, increase of 37% compared to fiscal 2016 due to investments in re-commissioning CIL circuit at Don Mario and reaching consistent nameplate plant throughput at El Valle; COC and AISC of $1,015 and $1,269, respectively, better than guidance; EBITDA of $16.5 million, compared to $4.4 million in fiscal 2016; Revenue increased by $44.1 million to $138.0 [...]

TSX:ORV TORONTO, Nov. 27, 2017 /CNW/ - Orvana Minerals Corp. is pleased to announce the results of a twelve month infill drilling campaign during fiscal 2017 at its El Valle and Carlés Mines in northern Spain. The drilling program consisted of 209 diamond drill holes totaling approximately 23,000 meters at the El Valle Mine and 45 DD holes totaling approximately 2,700 m at the Carlés Mine. A core objective [...]