It all seems to be falling into place for Ormonde Mining (LON:ORM), which after a slow start on the markets many years ago has gradually been building up a head of steam at its Barruecopardo tungsten project in Spain. This is a brown-fields site which ...
For Kerr, who felt keenly Ormonde's failure to deliver on La Zarza, that long-term commitment for Barruecopardo was crucial. He delivered it. And it turns out that that was the last crucial act in his professional life. So, against expectation ...
Barruecopardo is now due to start production in late 2016 and Ormonde said it was positioned 1 Barruecopardo is now due to start production in late 2016 and Ormonde said it was positioned to develop it into a significant, low-cost mine and a major ...
US fund Oaktree Capital recently took a majority stake in the Barruecopardo mine after shareholders in Ormonde voted overwhelmingly in favour for a deal which saw the fund and the company split ownership of the tungsten mine 70 per cent - 30 per cent ...
US fund Oaktree Capital recently took a majority stake in the Barruecopardo mine after shareholders in Ormonde voted overwhelmingly in favour of a deal which saw the fund and the company split ownership of the tungsten mine 70pc-30pc in return for €90m ...
The money will largely fund development of Ormonde's flagship asset, the Barruecopardo tungsten project near Salamanca in western Spain. The funding comprises $44m of project financing and $55m in debt provision. Speaking yesterday, Ormonde's ...