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Orvana Minerals announced Q3 result

Mining News - Published on Thu, 19 Jul 2018

Image Source: crunchbase.com
Orvana Minerals Corp announced that production results for its Spanish and Bolivian operations for the third quarter of fiscal 2018, featuring consolidated gold production of 26,761 ounces, an 8% increase in production compared to the previous quarter.

Q3 2018 Highlights

1. El Valle Mine (Spain):
Gold production increased by 11% compared to Q2 2018;
Gold grade remained steady at 3.36 g/t from previous quarter;

2. Don Mario Mine (Bolivia):
Completed first full quarter of production from Cerro Felix satellite deposit, achieving gold production of 9,916 ounces and gold recovery of 92.4%;

3. Consolidated Results:
Exceeded high end of FY 2018 copper production guidance; and
Continued increased gold production quarter-over-quarter during FY 2018.

Source :

Posted By : Rabi Wangkhem on Thu, 19 Jul 2018
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