Detail akcie Orvana Minerals online

Business Summary: Orvana Minerals Corp. is a Canada-based multi-mine gold and copper production company. The Company's operating properties consist of El Valle Mine (El Valle), which is an underground gold-copper-silver mine with process facilities that produce a copper concentrate and gold dore, located in the northern part of Spain, and Don Mario Mine (Don Mario), which is an open-pit gold-copper-silver mine with process facilities that produce both copper and gold concentrates, located in the south-eastern part of Bolivia. The Company has completed a diamond-drilling program at La Brueva property, located approximately eight kilometers from El Valle, consisting of over 10 holes totaling approximately 2,780 meters. The Company also identified a new oxide zone within the El Valle Mine. At Don Mario, the Company had also completed a drilling program on Cerro Felix, which is located north-west and southeast of the upper mineralized zone, and consists of approximately 40 holes approximating 3,600 meters.
Financial Summary: BRIEF: For the three months ended 31 December 2019, Orvana Minerals Corporation revenues decreased 20% to $29M. Net loss increased from $1.1M to $2.7M. Revenues reflect Bolivia-EMIPA segment decrease of 71% to $4M, Copper, Average Price per unit, Total decrease of 6% to $5728 per metric ton, Copper Production-EVBC Mine decrease from 1K to 0K metric tons. Higher net loss reflects Foreign exchange (gain) loss decrease of 98% to $14K (income).