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Orosur Mining Inc CS (OMI)

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15-Oct-2020 10:00 AM

Orosur Mining shifts focus to Colombia as it cuts losses

Alternative Investment Market-listed Orosur Mining posted income of $460,000 in the 12 months to 31 May 2020. In its annual financial results, the company reported a significant improvement year-on-year, with the $460,000 income comparing to a $12.2 mill
14-Jan-2020 09:52 AM

Orosur Mining swings to modest profit in second quarter

South America focused gold miner Orosur Mining swung to a small profit in the second quarter after it booked a gain on discontinued operations. Net profit for the three months through December amounted to $41k, compared to a loss of $2.44m on-year. From
16-Oct-2019 02:05 PM

Orosur Mining swings to small first-quarter profit

South America focused gold producer Orosur Mining swung to a small first-quarter profit as it focused on projects in Colombia and Uruguay. Net profit for the three months through August amounted to $0.09m, compared to losses of $6.58m on-year. Orosur in
16-Apr-2019 09:42 AM

Orosur Mining books third-quarter loss on higher exploration spending

South America-focused Orosur Mining booked a third-quarter loss after rising revenue was more than offset by spending on exploration. Pre-tax losses for the three months through February amounted to $2.03m, broadly unchanged from loss of $1.98m reported
16-Apr-2018 02:38 PM

Orosur Mining cuts output guidance on lower ore grades

Dual-listed Orosur Mining cut its annual output guidance after ore grades fell at its Uruguayan gold project. The company reduced its production guidance to 27,000-to-30,000 ounces of gold, down from 30,000 ounces. It also increased operating cash cost
22-Nov-2017 08:07 AM

Orosur Mining to defer production

Orosur Mining said it expected to defer production from its San Gregorio mine complex in Uruguay due rig delays. Around 2,000 ounces would be deferred from second-quarter production, due to the extended downtime of two long hole drill rigs, the company
01-Nov-2017 02:30 PM

Broker Forecast - Numis issues a broker note on Orosur Mining Inc

Numis today initiates coverage of Orosur Mining Inc (LON:OMI) with a buy investment rating and price target of 35p. Story provided by
16-Oct-2017 07:33 AM

Orosur Mining books 1Q loss

Orosur Mining reported a first-quarter loss after it produced less gold, prices fell and operating costs rose. The company booked a net loss for the three months through August of $290,000, swinging from a profit in the same period a year earlier of $2.7
29-Aug-2017 07:48 AM

Orosur Mining swing to profit on higher gold price

Orosur Mining swung to a pre-tax profit of $2 million in the year ending 31 May from a loss of $3.2 million the year before. This was due to a higher gold price of $1,258/oz, compared with $1,154/oz a year earlier, and lower sales costs. Net profit aft
15-Aug-2017 08:00 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Orosur Mining Inc

Cantor Fitzgerald today reaffirms its buy investment rating on Orosur Mining Inc (LON:OMI) and cut its price target to 38p (from 41p). Story provided by
10-Jul-2017 08:20 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Orosur Mining Inc

Cantor Fitzgerald today reaffirms its buy investment rating on Orosur Mining Inc (LON:OMI) and cut its price target to 41p (from 44p). Story provided by
16-Aug-2016 07:22 AM

Orosur's loss

Orosur has narrowed its FY pretax loss to $3.2m, from a loss of $49.4m. Sales came in at $42.9m, from $65.9m. The period was hurt by impairments of $4.2m, from $14.7m, and exploration expenses and exploration written off of $351,000, from $27.9m. Gold p
10-May-2016 09:50 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Orosur Mining Inc

Cantor Fitzgerald today reaffirms its buy investment rating on Orosur Mining Inc (LON:OMI) and raised its price target to 26p (from 22p). Story provided by
06-Oct-2014 02:41 PM

Orosur non-exec steps down

South American-focused gold producer, developer and explorer Orosur Mining non-executive director Sergey Kuznetsov has resigned as a non-executive director with effect on 3 October. Kuznetsov joined the board in July 2013 at a time when the company was
12-May-2014 07:31 AM

Orosur, Waymar agree business combination

Orosur Mining and Waymar Resources Ltd have entered into an agreement to complete a business combination, or acquisition. Completion of the acquisition would create a premier South American gold exploration, development and production company with a prod
12-Mar-2014 07:57 AM

Orosur Mining Q3 production down 28% year on year

Orosur Mining said Q3 gold production down 28% year on year to 13,218 oz, in line with guidance. At $818/oz, cash costs were better than planned, coming in under guidance of $850-$1000/oz. Average year-to-date operating cash costs of $776/oz were 29% low
14-Jan-2014 08:16 AM

Orosur Mining produces 14,829 oz gold in Q2

Orosur Mining Inc, the South America-focused gold producer and explorer, has confirmed highlights from its second quarter, including a 6% hike in gold production to 14,829 oz. Net Income after tax for the quarter was $3.5m, from $1.2m. The company's
10-Dec-2013 08:13 AM

Orosur Mining issues strong Q2 operating results

Orosur Mining has issued strong Q2 operating results, including 14,829 oz of gold production for the period, ahead of expectations. It increased its FY guidance as a results. Cash costs were $761/oz, against a 2014 guidance of $850-$925 and $1,215 for Q2
15-Oct-2013 08:15 AM

Orosur Mining raises gold production by 9%

Orosur Mining, the South American-focused gold producer and explorer, has announced that in its first quarter ended August 31 2013 gold production increased 9% to 16,851 oz, compared to the same period last year. Operating cash costs were US$754/oz, repr
15-Aug-2013 07:26 AM

Orosur swings to FY loss $15.6m, revenue up

Orosur Mining swung to a full-year pretax loss of $15.6 million, from a profit of $3.7 million, as it cast a wary eye forward to the price of gold in 2014. Sales totalled $105.9 million, from $93.7 million. During the year, Orosur produced 17% more gol
25-Jul-2013 08:51 AM

Orosur Mining says positive results from Anillo drilling

Orosur Mining said the first phase of Reverse Circulation drilling at Anillo has identified both gold and silver mineralization in the targeted structures at the Anillo Central area. Anillo is in Chile. It said drill hole AN-13-10RC at an interval of 5
12-Jul-2013 07:57 AM

Orasur Mining names new directors

Orosur Mining has appointed John Walmsley as non-executive chairman, and Max Oemick and Sergey Kuznetsov as non-executive directors. It also appointed Gustavo Licandro as interim CFO. Story provided by
28-May-2013 08:15 AM

Orosur Mining starts drilling on Anillo gold-silver prospect

Orosur Mining has started drilling at its Anillo gold-silver prospect in northern Chile. On May 23, the company initiated an initial 3,000 meters of reverse circulation drilling at Anillo, distributed in approximately 10 holes to test the highest priori
10-May-2013 07:29 AM

Orascur names Rafael Vergara as interim chairman

Orosur Mining said Rafael Vergara has been appointed new interim chairman following the resignation of Tony Shearer. Story provided by
08-Mar-2013 07:49 AM

Orosur Mining 9 months output 47,822 oz gold

Oroscur Mining said its nine-month gold production totalled 47,822 ounces, and that its chief executive David Fowler is to resign. In the third quarter, Oroscur's gold output was 18,401 oz. Its production forecast for the year is 63,000-68,000 oz.

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