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Company Information for Ormonde Mining Plc

Company stock charts - 12 Month chart

Exchange AIM; ORM


View full financial data

Company Statement

Ormonde Mining plc is a mineral development and exploration company focused on Spain with the objective of developing mining projects and taking them into production.

The Company's properties include interests in tungsten, gold and base metals.

The La Zarza Copper-Gold-Zinc Project is located in the world-class Iberian Pyrite Belt mining district of southern Spain. Ormonde is optimising the underground mine plan following a Feasibility Study reported in February 2008.

At the Barruecopardo Tungsten Project in Salamanca, western Spain, Ormonde is evaluating the viability of a high-grade underground tungsten mine. An initial resource estimate has been published and a preliminary economic evaluation  has returned positive results.

In addition, Ormonde has several gold prospects at various stages of evaluation in Salamanca and northwest Spain.

Ormonde's management team has a proven track record in taking projects through feasibility into production and in successful exploration.

Ormonde is an Irish incorporated company quoted on the Alternative Investment Market (AIM) in London and the Irish Enterprise Exchange (IEX) in Dublin.


Current Operations

For details of Ormonde's Spanish mining projects please visit www.ormondemining.com.


Geographical Spread

Spain


Board of Directors and Key Management

Mike Donoghue (Chairman)
Kerr Anderson (Managing Director)
Fraser Gardiner (Director)
John Carroll (Non-Executive Director/Secretary)

Company Address

Metges Lane, Navan
County Meath, Ireland, Ireland

Telephone:+353 46 9073623
Facsimile:+353 46 9073654
Email:info[at]ormondemining.com
Website:http://www.ormondemining.com

Capital

197,681,586 issued Ordinary Shares

Annual General Meeting

Mid-Year (Dublin)

Year End

31 December

Nominated Brokers

Davy, Brewin Dolphin

Nominated Advisors

Davy

Broker/Analyst Reports

20/11/06 - Davy: High-value zinc added to La Zarza mineral inventory

Major Shareholders

JPMorgan 9.8%
Saracen Growth Fund 6.1%
Cantor Fitzgerald Europe 5.3%
MF Global 3.9%
Directors 5.3%

Related News

17/07/08 - Ormonde Beats A Path Towards Tungsten Production, But Still Holds Out Hope For Copper And Gold From La Zarza
06/02/08 - La Zarza Alive And Well, Says Ormonde, But Markets Aren’t Convinced
26/07/07 - Ormonde Mining Moves To Full Ownership Of La Zarza
14/12/06 - Ormonde Mining Has Zinc At La Zarza

Most Recent Statement

06/10/08 - High grade results from initial infill drilling of thick tungsten zone at Barruecopardo
22/09/08 - Interim Results
14/07/08 - Issue of equity to fund Barruecopardo Tungsten Project
16/06/08 - New resource estimate trebles the size of the Barruecopardo Tungsten Project
11/06/08 - AGM operational update
10/06/08 - Tungsten testwork results highly encouraging; New high grade tungsten drilling results

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