TORONTO, ONTARIO--(Marketwired - Dec 1, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana"), announces that it plans to SEDAR file its 2014 year end and fourth quarter financial statements and Management, Discussion and Analysis as well as release highlights of its 2014 year end and fourth quarter results after market on December 9 [...]
- Retirement of $64 million EVBC Loan with Final Payment of US$8 million - Full Repayment Two Years in Advance of Original Maturity Date TORONTO, ONTARIO--(Marketwired - Nov 10, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announced that Kinbauri España S.L.U. ("Kinbauri"), its wholly-owned Spanish subsidiary, completed early repayment of its US$64 million loan (the "EVBC Loan") relating to its El-Valle Boinás and Carlés Operation ("EVBC") located in the north of Spain. Proceeds from the EVBC Loan were used to put EVBC into production in 2012. The final payment of US$8 million was made on November 10, 2014. "Retirement of the EVBC Loan in two years is a significant accomplishment fo... [...]
TORONTO, ONTARIO--(Marketwired - Nov 4, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") is pleased to announce the appointment of Mr. Gordon Pridham as a new director of the Company. Mr. Pridham has over 25 years of experience in investment banking, capital markets and corporate banking. He has worked in New York, Calgary [...]
TORONTO, ONTARIO--(Marketwired - Nov 3, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announced that Mr. Michael Winship, President and Chief Executive Officer, and Ms. Daniella Dimitrov, Chief Financial Officer, will be attending the Precious Metals Summit in Zurich on November 4-5, 2014. Mr. Winship will be presenting on [...]
- Gold production of 84,084 ounces and copper production of 21,056,110 pounds in 2014, surpassing 2013 production - Gold equivalent production of approximately 150,000 ounces - Net debt of $0.7 million at September 30, 2014, down $40.4 million from $41.1 million at September 30, 2013 TORONTO, ONTARIO--(Marketwired - Oct 27, 2014) - [...]
TORONTO, ONTARIO--(Marketwired - Sep 29, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") reports that it has filed on SEDAR, the National Instrument 43-101 "Technical Report on the El Valle Boinás - Carlés Operation, Asturias, Spain". This report was filed subsequent to the Company's news release dated August 13, 2014 relating to the updated Mineral Resources and Reserves at the EVBC Operation in Spain. The Technical Report dated September 26, 2014 is also available on Orvana's website at www.orvana.com. About Orvana Orvana Minerals is a multi-mine gold and copper producer. Orvana's operating assets consist of the EVBC gold-copper mines... [...]
TORONTO, ONTARIO--(Marketwired - Sep 9, 2014) - Orvana Minerals Corp. (TSX:ORV) announced that Mr. Michael Winship, President and Chief Executive Officer and Daniella Dimitrov, Chief Financial Officer will be attending the Precious Metals Summit Colorado 2014 in Beaver Creek, Colorado, September 10 to September 12, 2014. Mr. Winship is scheduled to [...]
TORONTO, ONTARIO--(Marketwired - Aug 13, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announced today financial and operating results for the third quarter ended June 30, 2014 ("Q3 Fiscal 2014"). The Company recorded a net loss of $25.9 million in Q3 Fiscal 2014 compared with net income of $11.3 million in the third quarter [...]
-- EVBC estimated mine life approximately four years with AISC of $1,100 -- Carlés to be placed on care and maintenance by the end of 2014 -- Orvana to record non-cash impairment charge of $25.5 million in Q3 2014 TORONTO, ONTARIO--(Marketwired - Aug 13, 2014) - Orvana Minerals Corp. ("Orvana" or the "Company") (TSX:ORV) announces that it has received updated mineral resources and reserves estimates (the "MRMR Update") for El Valle-Boinás/Carlés ("EVBC") gold-copper mines in northern Spain, showing a year-over-year decrease in reserves and resources. The Company also received an updated life-of-mine plan (the "LOMP Update") using proven and probable mineral reserves reflecting a shortened mine life based on these updated rese... [...]
TORONTO, ONTARIO--(Marketwired - Aug 5, 2014) - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") will delay its earnings release for the interim fiscal period ended June 30, 2014 to Wednesday, August 13, 2014. The analyst and investor conference call to discuss the Company's financial and operating results, previously scheduled for [...]
- Principal Balance of EVBC Loan Now US$17.6 million - Down US$19.8 million - Debt Net of Cash, Cash Equivalents and Restricted Cash Now US$13.7 million TORONTO, ONTARIO--(Marketwired - Jul 23, 2014) - A Correction from Source is issued for the Orvana Minerals press release disseminated on July 17 2014 at 16:52 ET. The Debt Net of Cash, Cash [...]
- Principal Balance of EVBC Loan Now US$17.6 million - Down US$19.8 million - Debt Net of Cash, Cash Equivalents and Restricted Cash Now US$15.7 million TORONTO, ONTARIO--(Marketwired - Jul 17, 2014) - Kinbauri España S.L.U. ("Kinbauri"), a wholly-owned Spanish subsidiary of Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana"), has begun the accelerated repayment of its loan maturing November 30, 2014 (the "Restructured EVBC Loan") relating to its El-Valle Boinás and Carlés Mines in Spain (the "EVBC Mines") following the restructuring announced June 30, 2014. In July, month to date, Kinbauri has made repayments on its Restructured EVBC Loan from the proceeds of the sale of Copperwood in June, the release from restricted cash ... [...]
