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 [...]
Fiscal 2019 Consolidated Highlights: Production of 110,063 gold equivalent ounces ; Cash Operating Costs and All in Sustaining Costs of $1,094 and $1,253; Revenue of $136 million; EBITDA of $18.1 million; Capital expenditures of $10.9 million; Cash balance of $12.4 million as of September 30, 2019. Orvana Minerals Corp. announced today financial and operational results for the fourth quarter and for the fiscal year ended [...]
Orvana Minerals is providing an update on operations for its EMIPA operations located in Bolivia and its Orovalle operations, located in Northern Spain. EMIPA: The Company has determined to suspend mining operations at Las Tojas effective on or before December 31, 2019 because of a higher than expected ore-grade operational mining dilution with more narrow, erratic and discontinued mineralized structures, which is [...]
Orvana Minerals Corp. is pleased to provide production results for the fourth quarter of fiscal 2019 and full fiscal year 2019 for its El Valle Mine in Spain and Don Mario Mine in Bolivia. FY 2019 Production Highlights: Consolidated production of 110,063 gold equivalent ounces ; El Valle production of 64,327 gold ounces and 5.0 million pounds of copper; Don Mario production of 32,932 gold ounces. Q4 2019 Production [...]
Orvana Minerals Corp. is pleased to announce that it will be attending the Precious Metals Summit in Beaver Creek, and the Denver Gold Forum in Denver, both in Colorado. In this regard a summary operational update is provided. Precious Metals Summit & Denver Gold Forum Mr. Juan Gavidia, Chief Executive Officer, Ms. Nuria Menendez, Chief Financial Officer and Mr. Raúl Álvarez, Exploration Manager, will be [...]
Third Quarter Fiscal 2019 Highlights: Gold production of 20,696 ounces and 1.1 million pounds of copper. FY2019 to date gold production of 75,274 and 3.9 million pounds of copper. AuEq Gold production of 23,481 ounces. FY2019 to date gold equivalent production of 85,560 ounces. COC of $1,213 and AISC of $1,432. FY2019 to date COC of $1,063 and AISC of $1,224. On track to achieve year-end consolidated production Revenue of [...]
TSX:ORV TORONTO, July 16, 2019 /CNW/ - Orvana Minerals Corp. is pleased to provide production results for the third quarter of fiscal 2019 for its El Valle Mine in Spain and Don Mario Mine in Bolivia. Q3 FY2019 Highlights: Consolidated gold production of 20,696 ounces, on track to meet FY2019 guidance Consolidated copper production of 1.1 million pounds; FY2019 copper guidance now achieved Gold-equivalent production of [...]
Orvana Minerals Corp. is pleased to report that it has filed on SEDAR, the independent preliminary economic assessment report for the Taguas Mining Property located in San Juan Province, Argentina. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and the key PEA inputs and highlights were previously disclosed in the Company's news release dated June 28, 2019 [...]
Orvana Minerals Corp. is pleased to announce that further to its press release dated May 14, 2019 announcing that it had entered into a purchase agreement to acquire the Taguas gold property located in San Juan Province, Argentina, the Company has received a preliminary economic assessment report from Wood, formerly Amec Foster Wheeler . Juan Gavidia, CEO of Orvana stated: "The Taguas property will be an open pit mining [...]
2019 ACQUIRE All Amounts in US Dollars Unless Otherwise Stated Second Quarter Fiscal 2019 Highlights: Increased gold production of 27,306 ounces and 1.4 million pounds of copper Delivered improved COC of $971 and AISC of $1,107 On track to achieve year-end consolidated production guidance and lower cash costs Revenue of $36 million EBITDA of $8.3 million Net Income of $3.3 million Cash balance of $9.3 million as of March [...]
TSX:ORV #06-2019 Orvana Minerals Corp. is pleased to provide production results for the second quarter of fiscal 2019 for its El Valle Mine in Spain and Don Mario Mine in Bolivia. Q2 FY2019 Highlights: Gold output, at 27,302 ounces, on track to meet 2019 guidance Gold-equivalent output, at 31,112 ounces, bearing strong Copper performance The Company continues to pursue its objectives of lowering unitary cash costs and [...]
Orvana Minerals Corp. is pleased to announce that it will be exhibiting at the 2019 Prospectors and Developers Association of Canada International Conference being held in Toronto at the Metro Toronto Convention Centre from March 3 to 6, 2019. Orvana cordially invites shareholders, investors, brokers, analysts, and interested parties, to learn more about its operations and growth perspectives via brownfield and [...]