Orosur Mining and Waymar Resources are pleased to announce the completion of the previously announced acquisition of Waymar by Orosur by way of a court approved plan of arrangement. Under the terms of the Acquisition, Orosur issued 18,466,938 common shares to be exchanged for 49,245,170 common shares of Waymar, in accordance with Waymar’s [...]
Orosur Mining development and production company with a producing mine and exploration assets in Uruguay, and exploration and development projects in Chile, is pleased to announce strong operating results for its fourth quarter and for the fiscal year ending 31 May 2014. HIGHLIGHTS: Full year production of 60,271 Au oz exceeds upgraded guidance [...]
Orosur Mining announces today that on May 30, 2014 the Company’s CEO, Mr. Ignacio Salazar, has completed the purchase of 150,000 shares in the Company at C$ 0.24 per share. Following this purchase, Mr. Salazar has a beneficial interest in 523,000 Common Shares, representing 0.67 per cent of the Company’s issued share capital.
Orosur Mining and Waymar Resources are pleased to announce that they have entered into an agreement to complete a business combination. Completion of the Acquisition will create a premier South American gold exploration, development and production company with a producing mine and exploration assets in Uruguay and exploration and development [...]
Orosur Mining, the South American-focused gold producer and explorer is pleased to announce the results for the fiscal quarter ended February 28, 2014 and an update on exploration. Highlights: Gold production for the quarter of 13,218 oz in line with guidance (Q3 2013 18,401 oz). US$818/oz cash operating costs better than planned (H2 2014 guidance [...]
Orosur Mining is pleased to announce strong operating results for its third quarter ending 28 February 2014. HIGHLIGHTS: Gold production for the quarter of 13,218 oz in line with guidance. US$818/oz cash costs better than planned (H2 2014 guidance of US$850 - US$1,000/oz). Production 28% lower than Q3 2013 (18,401 oz). Operating cash costs 18 [...]
Orosur Mining announces that the Company has granted an aggregate of 2,550,000 share options to Directors, Officers and employees exercisable at a price of CDN$ 0.23 per Common Share, on or before February 11, 2019. OMI officers and employees were granted a total of 1,250,000 stock options and the balance equivalent to 1,300,000 stock options were [...]
Orosur Mining today announced that Mr. Eric Roth has resigned as a non-executive director of the Company. Mr. Roth has served as a non-executive director of Orosur since October 2012. He is resigning to focus his time and attention as CEO and President of Aegean Metals Group, a mineral exploration company focused on the acquisition and exploration [...]
Orosur Mining, the South American-focused gold producer and explorer is pleased to announce the results for the fiscal quarter ended November 30, 2013. Highlights: Gold production increased 6% from Q2 2013 to 14,829 oz Operating cash costs of US$761/oz, representing a 37% reduction from Q2 2013 Enhanced 2014 fiscal outlook: increased production [...]
We are delighted to have completed this transaction and believe it is the right strategic fit at this time. We believe ALTOVALSOL is in the right position to extricate optimal value from Talca given its existing operations and the flexibility with which it may operate, and that the transaction allows both ALTOVALSOL and Orosur to mutually benefit [...]
Orosur Mining is pleased to announce strong operating results for its second quarter ending 30 November 2013. HIGHLIGHTS: 14,829 oz of gold, ahead of Company’s expectations for the Quarter US$761/oz cash costs (2014 guidance of US$850 - US$925/oz and US$1,215/oz in Q2 2012) Production 6% higher and costs 37% lower than Q2 2013 Additional 40,000 oz [...]
Orosur Mining, a South American-focused gold producer and explorer is pleased to announce the results of a feasibility study to evaluate the opportunity to employ pillar-less mining using Cemented Rock Fill to recover ore previously not included in the Transverse Stopes of the Arenal Deeps Mine. The study was completed by AMEC E&C Services Inc [...]
