Ormonde Mining confirms Nicol as MD and books first half profit
The development stage for the mine is underway, with commissioning targeted to commence late in 2016
Company
LON:ORM
Ormonde Mining PLC is a mineral resource company with interests in Spain. The Company’s vision is to be a successful, reputable natural resource company, committed to the responsible development of mining projects and the creation of value for our shareholders, employees and host communities.
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The development stage for the mine is underway, with commissioning targeted to commence late in 2016
In many ways Kerr Anderson, who died this week, was the exemplary junior mining company executive.
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It was a busy news day and AFC Energy (LON:AFC) revealed it had commissioned and commenced operation of its KORE fuel cell system at its site in Stade,
Kerr Anderson was the tungsten group’s managing director for the past fourteen years.
Environmental approval has been granted to develop the La Parilla mine in southern Spain.
Wolf Minerals knocked another milestone over - as it said first ore had been put through the processing plant at the Hemerdon tungsten and tin mine in Devon. It means the group's goal of delivering Great Britain's first new metal mine for 4
Detailed engineering design works are now being carried out by Fairport Engineering
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A mixed bag but mining was prominent. Shares in flourspar explorer Tertiary Minerals rose after i upgraded the resource at its MB project in Nevada, USA, by more than double.
Ormonde has moved to the development stage at the mine in Spain.
Mariana resources made the headlines this week as chief executive Glen Parsons said he was delighted with results at its Hot Maden project in Turkey. Meanwhile, the company signed a deal with Asset Chile for two of its Chilean projects. It
Mariana resources made the headlines this week as chief executive Glen Parsons said he was delighted with results at its Hot Maden project in Turkey. Meanwhile, the company signed a deal with Asset Chile for two of its Chilean projects. It
Investments and investor services
There were a number of good news stories to come from the world of small caps today.
Asset Chile Exploración has completed due diligence and will take a 40% stake in the gold and silver project if it spends US$3.475mln.
A mining concession has already been granted for Barruecopardo and production is scheduled to begin in late 2016.