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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.


TSX:ORV - Post by User

Bullboard Posts
Post by griffen1on Jan 18, 2012 10:12pm
347 Views
Post# 19420032

Workable solution

Workable solution

Floatation circuits do not work well with oxide ores.  They blew it with their chemistry.  Now they will set aside their highest mineral bearing ore for 8 years, 567,166 tonnes of it, and process the lower mineral bearing sulphide ores at lower recoveries and higher reagent costs.  Not great, but they will make good money as they increase recoveries.  They also have the option of continuing to try out alternatives on processing the oxide ore sooner.  Lower guidance, but profitable and hopeful for continuing improvement.

Bullboard Posts