Orvana Minerals Corp. is pleased to provide production results for the fourth quarter of fiscal year 2020, and full FY2020, for its OroValle and EMIPA operations. Juan Gavidia, CEO of Orvana stated: "Our OroValle team delivered a strong 2020 operational performance at El Valle, despite unprecedented Covid-19 impacts on its operational productivity and global supply chain. Solid cash generation, and an encouraging [...]
Orvana Minerals Corp. is pleased to announce that it will be participating at the Precious Metals Summit and the Denver Gold Forum Americas, both in virtual format. Mr. Juan Gavidia, Chief Executive Officer, Ms. Nuria Menendez, Chief Financial Officer, Mr. Raúl Álvarez, Director of Exploration and Mr. Binh Vu, VP Legal, will be participating in the Precious Metals Summit, from September 15-17, 2020. The pre-recorded [...]
Orvana Minerals Corp. is providing an update on its exploration program at the Taguas mining property located in the San Juan province, Argentina. As a result of the completion of a recent artificial intelligence assisted data analysis, Orvana has identified a total of 17 new high probability gold targets at Taguas, consisting of 9 new areas and 8 extended areas of previous known mineralization. All of the newly [...]
Orvana Minerals Corp. announced today financial and operational results for the third quarter of fiscal 2020. Q3 2020 Highlights: Consolidated production of 14,565 gold equivalent ounces. Revenue of $18 million. Average realized gold price per ounce of $1,543, impacted by the settlement of the derivative instruments. EBITDA of $0.9 million deficit, impacted by $1.3 million derivative instruments loss. All the outstanding [...]
Gold production of 12,046 ounces Gold-equivalent production of 14,565 ounces Oxides Project metallurgical testing-optimization continues Advancement of key exploration and permitting activities to extend Life-of-Mine in OroValle, Spain Continuing comprehensive exploration activities at EMIPA, Bolivia Orvana Minerals Corp. announced today operational results for the third quarter of fiscal 2020 . Juan Gavidia, CEO of [...]
Consolidated production of 14,843 gold equivalent ounces. Revenue of $21 million. EBITDA of $1.7 million. Cash balance of $6.3 million as at March 31, 2020. Consolidated Cash Operating Costs and All in Sustaining Costs of $1,363 and $1,765 respectively, impacted by the temporary care and maintenance at EMIPA and the capitalization of leased equipment according to IFRS 16. Orvana Minerals Corp. announced today financial [...]
Orvana Minerals Corp. reports that production at its Spanish operations have restarted after a temporary suspension, in compliance with the Spanish Government's Extended Lockown Order to contain the advancement of the COVID-19 virus. The Company is also reporting its production results for the second quarter of fiscal 2020 . Resuming Production Activities As announced in the Company's news release on March 30, 2020, the [...]
Orvana Minerals Corp. today announces that on March 29, 2020, Spain's government passed new legislation extending and broadening the reach of the national lockdown initially declared on March 14, 2020, to contain the COVID-19 pandemic in Spain. As announced in the Company's news release on March 16, 2020, the Initial Lockdown did not have a material impact on the Company's operations or logistics at its mining operations [...]
Orvana Minerals Corp. would like to communicate to the market the following statements in light of the World Health Organization-declared COVID-19 global pandemic: The Company is closely monitoring developments and evolving regulations to maintain the safety, health and wellbeing of its employees, which are paramount in its operations and facilities in Northern Spain and Bolivia, respectively. As of today, we have not [...]
Orvana Minerals Corp. announced today that, at its annual shareholders' meeting held on March 5, 2020, 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 75,391,125 votes; Alan Edwards received 75,388,989 votes; Alfredo Garcia Gonzalez received 75,391,489 votes; Ed Guimaraes received [...]
Orvana Minerals Corp. is pleased to announce that it will be exhibiting at the 2020 Prospectors and Developers Association of Canada International Conference being held in Toronto at the Metro Toronto Convention Centre from March 1 to 4, 2020. Orvana cordially invites shareholders, investors, brokers, analysts, and interested parties, to learn more about its operations and growth perspectives via brownfield and greenfield [...]
On Track to Meet 2020 Production Guidance All Amounts in US Dollars Unless Otherwise Stated First Quarter of Fiscal 2020 Highlights: Production of 17,786 gold equivalent ounces ; Cash Operating Costs and All in Sustaining Costs of $1,207 and $1,370; Revenue of $29 million; EBITDA of $1.5 million; Capital expenditures of $1.8 million; Cash balance of $8.1 million as of December 31, 2019; Continuing focus on the development [...]
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