MediaZest – “Project Completion” update, what about some insight on results for a year finished approaching four months ago?
Published 93 days ago
Orosur Mining (OMI) certainly isn’t amongst the more popular resource stocks on AIM and trading volumes are often verging on non-existent, but I believe that many are missing an opportunity here as they go chasing rainbows with companies that are years away from production, assuming they ever actually get to that stage!
Published 222 days ago
Orosur Mining (OMI) remains one of my favourites amongst the small gold miners listed on AIM, and I now hold shares in the company myself, hopefully awaiting a turnaround in the price of gold.
Published 317 days ago
When it comes to smaller AIM listed gold producers, then Orosur Mining (OMI) looks to be one of the better ones around...
Published 862 days ago
Investors may be sceptical, but Ignacio Salazar, chief executive officer of South American gold producer Orosur Mining (OMI), insists his beefed-up company has restructured its flagship San Gegorio operation in Uruguay and will soon be showing worthwhile improvements in production, grades, costs and exploration. After seeing output at San Gregorio in North-East Uruguay’s Rivera State slide in the year to last May from nearly 65,000 oz. at a low grade of 1.42 grammes of gold per tonne of ore to 60,271 oz. at 2.16 grammes a tonne and with a further drop to nearly 55,000 oz. expected for the current year, Chile-based Orosur suggests prospects for 2015-16 are distinctly brighter.
Published 1095 days ago
Fresh from clinching the all-paper takeover of fellow South American gold play, Toronto Venture Exchange-listed Waymar Resources, AIM-quoted Orosur Mining (OMI) is still looking to expand further by acquiring ‘short-term production assets’. So says Ignacio Salazar, chief executive officer of Orosur, which produced an above-forecast 60,271/oz of gold in the year to May from its San Gregorio mine in Uruguay. The company hopes that Waymar’s exploration targets, notably Anza in Colombia, will provide promising additions to its own exploration and development projects at Anillo and Pantanillo in Chile.