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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
Comment by kimchipoweron Aug 13, 2012 11:13am
175 Views
Post# 20210938

RE: Orvana's IRR

RE: Orvana's IRR

Agree with you Griffen the cash costs at EVBC were $700 in April, and $600 in May and June.

As per the June operational update news release: June production was 4,976 ounces of gold, 549,000 pounds of copper, and 14,285 ounces of silver (see table below). Estimated direct cash operating cost, including royalties, was approximately $600/ounce of gold, net of by-product revenues for both the month of June AND the third quarter.

It does not make sense at all. Does not instill confidence in their calculator skills. Analysts won't be pleased as they make recommendations based on information management releases. Pathetic. Hopefully Agne was the source of the rot...we can only hope that is the case.

Bullboard Posts