Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Orvana Minerals Corp

Publié le 01 octobre 2015

Merger Market article from Sept 11, 2015

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Lithium | Precious Metals |

Merger Market article from Sept 11, 2015

a24e888565ab4daedb8a08.pdf



Iberian Minerals looks to close deals in Spain, North America, executive says

September 11, 2015

by Zena Olijnyk in Toronto


Alberta-based miner Iberian Minerals (TSX.V:IML) will likely close on at least two deals for precious or industrial metal assets in Spain or North America over the next few months, taking advantage of current market turmoil in the industry to bulk up on assets in that country, Director of Business Development Rick Gliege told this news service.


The executive said in an interview that Iberian has 'three or four' active deals it is looking to close on, and expects that at least one of these will be done within the next few weeks. He added that another can likely be completed before Christmas.


While he wouldn't be specific what assets the company is looking to buy, the executive noted Iberian is focussed on opportunities in the precious metals space, as well as industrial and base metals. He said that at least one of the deals the company is working on is for an industrial metal. While predominantly focused on Spain, the company is also looking at assets in Canada and the United States.


The company is focusing on brownfield projects, areas that have already been mined, Gliege said, rather than greenfield exploration projects.


Most recently, Iberian acquired the Caurio project within the Rio Narcea Gold Belt, in Asturias, northern Spain. Gliege said the asset is within a region with a gold mining history that goes back to Roman times and is 'considered one of the most important gold regions in all of Euorpe.'


Under terms of the deal, Iberian, through its Spanish subsidiary, made a cash payment of EUR 190,000 to seller Compania Minera Sierra De Caurio to purchase the company and assume the option agreement.


As a result, Iberian has the right to option a 95% interest during a three-year term ending 30 June 2018 by paying EUR 50,000 every eight months. After completing due diligence, Iberian can exercise the agreement for a total price of EUR 7m, less payments already made.


Gliege noted the asset is also adjacent to Orvana Mineral's (TSX: ORV) Carles and El Valle/Boinas mines - the latter which has produced more than one million ounces of gold equivalent from a resource of 1.1 million ounces.


Currently, they are the only two operating gold mines in Spain, he said. Given El Valle is coming to the end of its production life, he said Orvana is likely targeting opportunities to extend the current mine life of El Valle and is working to replace their depleted reserves. It is currently pursuing additional exploration activities in the vicinity of the El Valle Mine, which is adjacent to the Caurio property. He would not specify if Iberian has already been in talks with Orvana.


In terms of financing acquisitions, Gliege said Iberian recently sold its Alberta-1 tin/tantalum & lithium project assets in Spain for CAD 7m to become debt-free and still have the working capital it needs to develop the assets it has, as well as look for acquisition opportunities.


At the end of the second quarter ended 30 June, Iberian had CAD 5.5m cash on hand. It has a market cap of about CAD 12m. As a result, he said, the company does not require an equity issue or debt financing in the near future to finance acquisitions.


Gliege noted that the company's long-term strategy is to find and develop assets that can later be partnered with or sold to larger players looking to for replacement production.

For example, Gliege said, Iberian caught the attention of mining heavyweight and trading house Glencore in 2013 with its Cehegin iron ore property in Spain. This evolved into a joint venture in June 2014, with an 80:20 split between Iberian and Glencore. Past iron ore production in the region was noted for its high grade and low impurities, Gliege said, making it attractive to producers compared to low quality iron from places like China.


The JV is still in effect, Gliege said, though Iberian has made it clear that it has sufficient funds to complete the company's upcoming work program without Glencore's contribution. There are 'ongoing negotiations' for Iberian to regain Glencore's 20% interest and assume 100% ownership of the project, while retaining the offtake portion of the agreement.


While current market conditions for iron ore are in a downturn, Gliege noted that high-purity iron ore for the European market is 'still an attractive long-term proposition.'


The company's auditor is K.R. Margetson, and its legal advisor is DLA Piper LLP.


Gliege has been interim CFO at Iberian during the company's search for a candidate. On Tuesday it named Don Weatherbee to the CFO position.


by Zena Olijnyk in Toronto

Lire la suite de l'article sur www.noodls.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Orvana Minerals Corp

PRODUCTEUR
CODE : ORV.TO
ISIN : CA68759M1014
CUSIP : 68759M101
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Orvana Min. est une société de production minière de cuivre et d'or basée au Canada.

Orvana Min. est productrice de cuivre, d'or, d'argent en Bolivie et en Espagne, et détient divers projets d'exploration en Bolivie.

Ses principaux projets en production sont DON MARIO (CERRO PELADO) en Bolivie et EL VALLE-BOINÁS/CARLÉS en Espagne et son principal projet en exploration est COPPERWOOD en Bolivie.

Orvana Min. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 27,3 millions CA$ (21,8 millions US$, 19,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 29 décembre 2000 à 0,05 CA$, et son plus haut niveau récent le 24 décembre 2010 à 3,97 CA$.

Orvana Min. possède 136 623 171 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Orvana Minerals Corp
Correction and re-filing of its annual report
Financements de Orvana Minerals Corp
11/08/2011. Announces Completion of Equity Offering
26/07/2011. Announces Equity Offering
18/05/2011Obtains US$15 Million Bridge Loan Commitment and Amends Shar...
Nominations de Orvana Minerals Corp
30/03/2015Announces Appointment of New Chief Executive Officer
08/04/2013. Announces Appointment of New Interim Chief Executive Offic...
09/03/2012Announces Changes to Board of Directors
04/01/2012Appoints Ron Simkus to the Board of Directors
25/02/2010Appointment of Roland Horst as Chief Executive Officer
22/02/2010Appointment of new vice president, Mining
24/08/2009Appoints James Gilbert to board of Directors
Rapports Financiers de Orvana Minerals Corp
07/02/2014Orvana Reports Results for the First Quarter of Fiscal 2014 ...
08/02/2013Orvana Reports Results for the First Quarter of Fiscal 2013 ...
08/02/2013Reports Results for the First Quarter of Fiscal 2013 With Ad...
15/05/2012Reports Results for the Second Quarter Ended March 31, 2012
15/03/2012Announces Results for the First Quarter Ended December 31, 2...
01/03/2012Announces Revised Issue Date for Its Financial Statements fo...
14/02/2011Reports First Quarter Results for the Three Months Ended Dec...
16/02/2010Reports operating results for the first quarter ended decemb...
17/08/2009Operating results for the third quarter ended june 30, 2009
19/05/2009Operating results for the 2nd quarter ended march 31, 2009
13/02/2009reports operating results for the first quarter ended decemb...
15/08/2008Reports operating results for the third quarter ended june 3...
15/05/2008Reports Operating Results for the second Quarter ended March...
Projets de Orvana Minerals Corp
09/12/2014Reports Record Gold and Copper Production, Balance Sheet Sig...
11/02/2014Highland to Acquire Orvana's Copperwood Project
06/12/2013Orvana Reports Record Mine Performance and Fiscal 2013 Resul...
15/10/2013Orvana Surpasses 2013 Production Guidance
15/10/2013Surpasses 2013 Production Guidance
23/09/2013(Copperwood)Provides Update on Copperwood Project, Upper Peninsula, Mich...
25/02/2013Orvana Granted Wetlands Permit for Copperwood Project, Upper...
25/02/2013(Copperwood)Granted Wetlands Permit for Copperwood Project, Upper Penins...
18/10/2012Orvana Reports Production Results for the Fourth Quarter and...
30/04/2012(Copperwood)Receives Part 632 Mining Permit for Copperwood Project, Uppe...
07/02/2012(Copperwood)Announces Feasibility Study Results for Copperwood Project, ...
24/06/2011(Copperwood)Announces Prefeasibility Study Results for Copperwood Projec...
05/06/2011(El Valle-boinás/carlés)Announces Commissioning of El Valle-Boinas/Carles Gold/Coppe...
25/03/2011(El Valle-boinás/carlés)Provides Update from El Valle-Boinas/Carles Mine, Northern S...
07/03/2011(Don Mario (cerro Pelado)).: Construction Completed of Leaching-Precipitation-Flotatio...
25/02/2011(Copperwood)Reports Measured and Indicated Resources Increase of 50% for...
05/03/2010(El Valle-boinás/carlés)Updated resource estimate at El Valle-Boinás/Carlés Project
17/02/2010(El Valle-boinás/carlés)Provides update on El Valle-Boinas/Carles Project
20/01/2010(Copperwood)Reports final assay batch from its Copperwood Project
13/07/2009(Copperwood)Provides drill program update
19/05/2009(Don Mario (cerro Pelado))announces completion of updated feasibility study and decisi...
13/02/2009(Copperwood)New drill results from Copperwood
11/02/2009(Copperwood)Collection for environmental studies commenced at copperwood
09/02/2009(Don Mario (cerro Pelado))Progresse on a detalied Operation Study
Communiqués de Presse de Orvana Minerals Corp
18/12/2015Orvana Reports Year End, Fourth Quarter Fiscal Results and P...
01/10/2015Merger Market article from Sept 11, 2015
30/09/2015Orvana Announces Two New Mineral Resource Estimates at Don M...
16/09/2015Orvana on Track to Deliver Don Mario Mine Life Extension and...
07/08/2015Orvana Reports Third Quarter Fiscal Results
13/04/2015to Present at the European Gold Forum, Zurich and the 1-2-1 ...
13/04/2015Orvana to Present at the European Gold Forum, Zurich and the...
12/04/2015Orvana Reports Production for Second Quarter 2015 and Update...
08/04/2015Orvana Announces Appointment of Chief Financial Officer
30/03/2015Orvana Announces Appointment of New Chief Executive Officer
25/03/2015Orvana to Present at the John Tumazos Very Independent Resea...
25/03/2015to Present at the John Tumazos Very Independent Research Met...
27/02/2015Orvana Announces Results of Annual Shareholders' Meeting
24/02/2015Orvana to Exhibit at Prospectors and Developers Association ...
23/02/2015Orvana Announces Annual Shareholders' Meeting, Live Webcast ...
23/02/2015Announces Annual Shareholders' Meeting, Live Webcast Februar...
05/02/2015Orvana Reports First Quarter Fiscal 2015 Results, Strong Bal...
17/01/2015Orvana Continues to Deliver Results in the First Quarter 201...
17/01/2015Continues to Deliver Results in the First Quarter 2015 and R...
08/01/2015Orvana Minerals to Attend Vancouver Resource Investment Conf...
16/12/2014Orvana Receives $7.5 Million Additional Cash Payment for Cop...
09/12/2014Orvana Reports Record Gold and Copper Production, Balance Sh...
01/12/2014Orvana Announces Fourth Quarter Financial Results Release Da...
04/11/2013Orvana Minerals takes strides towards sustained profitabilit...
15/08/2013Midday Breaking News From Orvana and Eagle Hill
15/08/2013Reports Successful Completion of Annual Wage Negotiations at...
09/08/2013Orvana Achieves Strong Mine Performance in Fiscal Third Quar...
09/08/2013Achieves Strong Mine Performance in Fiscal Third Quarter
17/07/2013Reports Suspension of its Leach-Precipitation-Flotation Plan...
08/07/2013Midday Breaking News From Cavan=2C Orvana=2C and Pacific Pot...
08/07/2013Advises Production Guidance for Fiscal 2013 Remains on Targe...
17/06/2013Reports Hoist Incident and Provides Company Update
14/05/2013Mid-Day Breaking News From Orvana, Skyharbour, Zenyatta, Dig...
14/05/2013Achieves Strong Mine Performance In Fiscal Second Quarter
24/04/2013Celebrates 60 Years on the TSX
15/04/2013Mid-Day Breaking News From Orvana Minerals and Pacific Potas...
03/01/2013Reports Fiscal 2012 Conference Call Details
18/10/2012Reports Production Results for the Fourth Quarter and Fiscal...
21/08/2012Mid-Day Breaking News From Orvana, Great Panther, Lomiko, Tr...
13/08/2012Mid-Day Breaking News From Orvana, CanAm, Corazon, and Rio G...
13/08/2012Reports Results for the Third Quarter With Adjusted Earnings...
18/07/2012Announces June Operations Results for El Valle-Boinas/Carles...
10/07/2012Announces June Operations Update for the Upper Mineralized Z...
19/06/2012Announces May Operations Update for El Valle-Boinas/Carles G...
05/06/2012Announces Changes to Executive Management
09/05/2012Provides an Operations Update for the Upper Mineralized Zone...
17/04/2012Announces Operations Update at El Valle-Boinas/Carles Gold/C...
10/04/2012Announces Commercial Production and Increases Gold and Silve...
16/02/2012Completes a US$13.8 Million Increase in Its Credit Facility ...
18/01/2012Provides an Operations Update and Revised Reserve Estimate f...
13/12/2011Reports Results for the Year Ended September 30, 2011
06/12/2011. Announces Changes in Management
22/09/2011Announces Drill Results and Provides an Operations Update at...
11/07/2011on Orvana Operations
05/04/2011Announces Production at Don Mario UMZ Copper-Gold-Silver Min...
26/02/2010Additions to board of directors
15/01/2010Update on activities relating to El valle-Boinas/Carles
05/10/2009Amalgamation of kinbauri gold corp. and orvana minerals acqu...
25/09/2009Completes Compulsory Acquisition of Kinbauri Common Shares
18/08/2009Takes up Kinbauri shares and extends offer until august 28, ...
13/08/2009 Urges Kinbauri shareholders to tender their shares
04/08/2009Extends offer to acquire kinbauri to august 17, 2009
30/07/2009Supports Kinbauri's decision to let shareholders decide
30/07/2009Urges Kinbauri shareholders to tender to its all-cash offer
29/07/2009Issues reminder that its all cash offer
28/07/2009Kinbauri Shareholders Urged to Tender To The Orvana Offer by...
24/07/2009receives notification that Kinbauri has agreed to waive its ...
21/07/2009raises cash offer for Kinbauri to C$0,75 per share
15/07/2009Extends its offer to acquire Kinbauri Gold Corp.
02/07/2009Extends its Offer to Acquire Kinbauri Gold Corp. to July 13,...
25/05/2009Commences all-cash offer to acquire Kinbauri Glod Corp.
19/05/2009 to apply to OSC for relief relating to Kinbauri's recent ac...
14/05/2009Highlights risks and uncertainties surrounding Kinbauri's pr...
04/12/2008Reports Record Revenue, Cash Provided by Operating Activitie...
10/09/2008Enters into a minerals lease in the state of Michigan
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (ORV.TO)OTHER OTC (ORVMF)
0,200+0.00%0,155+0.65%
TORONTO
CA$ 0,200
25/11 10:44 -
0%
Cours préc. Ouverture
0,200 0,200
Bas haut
0,200 0,200
Année b/h Var. YTD
0,175 -  0,530 -37,50%
52 sem. b/h var. 52 sem.
0,175 -  0,530 -50,00%
Volume var. 1 mois
650 -%
24hGold TrendPower© : -12
Produit Copper - Gold - Silver
Développe
Recherche Copper - Silver
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 14/05/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2022-34,43%0,530,18
2021-11,59%0,540,23
2020115,63%0,360,11
20193,23%0,410,12
2018-35,42%0,280,12
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,45 AU$+0,68%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
5,34 US$-4,81%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,84 GBX-1,18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,09 CA$+5,88%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
1,96 CA$-10,50%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
8,16 CA$-0,85%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,20 CA$+8,33%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,33 AU$-2,94%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,41 CA$+2,99%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
68,30 US$+0,74%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+0,00%Trend Power :