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Pin to quick picksOrosur Mining Share News (OMI)

Share Price Information for Orosur Mining (OMI)

London Stock Exchange
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Share Price: 4.70
Bid: 4.50
Ask: 4.90
Change: -0.10 (-2.08%)
Spread: 0.40 (8.889%)
Open: 4.80
High: 4.80
Low: 4.65
Prev. Close: 4.80
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Orosur Mining Chief Executive Officer to step down in May

Fri, 08th Mar 2013 09:33

AIM-listed South America-focused gold producer Orosur Mining has announced that David Fowler will resign from his position as Chief Executive Officer on May 31st. Fowler joined Orosur as Chief Financial Officer in 2004 and became Chief Executive Officer in 2006. The company said that it is in the process of recruiting a replacement. Fowler's existing terms of employment will apply until May 31st and the company said that the terms of his severance and engagement after that date were in the process of being finalised. Gold production for the third quarter ended February 28th was 18,401 ounces, resulting in year-to-date production for the nine months of 47,822 ounces. The company reported that its production forecast remained 63,000-to-68,000 ounces for the full year. Fowler commented: "The successful development of the first underground mine in Uruguay at Arenal Deeps reached an important milestone during the quarter with the completion of the ramp to provide access to higher grade ore and leaves the company in a strong position to pursue its objectives of generating cash, extending the mine life at San Gregorio, and realising value from its Chilean exploration assets. Tony Shearer, Chairman of Orosur Mining, commented: "David has been with Orosur for nine years and we have mutually decided that he needs new challenges and opportunities, and that a fresh approach would be beneficial to the company. We are very grateful to David for all he has achieved for Orosur, and we will be working together to achieve a smooth transition." "Overall, the board is confident that the company remains on track to deliver the strategy that was outlined in October 2012," he concluded. Orosur Mining is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in Latin America. It operates the only producing gold mine in Uruguay, San Gregorio, and has assembled an exploration portfolio of high quality assets in Uruguay and Chile. Orosur Mining's share price was up 1.17% to 32.50p at 08:59 on Friday.MF
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Orosur shares plummet as partner reviews position on Anza project

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Orosur says talks with Minera on potential joint venture progressing

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Orosur reports on latest progress at Colombia's Anza Project

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AIM WINNERS & LOSERS: Orosur Mining drops on disappointing assays

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Orosur Mining drilling results disappoint, refocuses on groundwork

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25 Nov 2022 15:44

UK shareholder meetings calendar - next 7 days

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European Smaller Cos Trust PLCAGM
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PRS REIT PLCAGM
Psych Capital PLCAGM
Seeing Machines LtdAGM
Tuesday 29 November 
Aura Energy LtdAGM
Bluefield Solar Income Fund LtdAGM
Castillo Copper LtdAGM
Challenger Energy Group PLCAGM
CT Property Trust LtdAGM
Duke Royalty LtdAGM
Esken LtdEGM re borrowings approval
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Wednesday 30 November 
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Atlantic Lithium LtdAGM
Chamberlin PLCAGM
Coral Products PLCGM re proposed cancellation of share premium account
Dunelm Group PLCAGM
Ferguson PLCAGM
Gabelli Merger Plus+ Trust PLCAGM
Grit Real Estate Income Group LtdAGM
Leeds Group PLCAGM
Life Science REIT PLCGM re issue of the new ordinary shares 
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Pires Investments PLCAGM
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Bowleven PLCAGM
CQS New City High Yield Fund LtdAGM
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Kin & Carta PLCAGM
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Virgin Wines UK PLCAGM
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Global Petroleum LtdAGM
Highbridge Tactical Credit Fund LtdAGM
Orosur Mining IncAGM
Revolution Bars Group PLCAGM
Ruffer Investment Co LtdAGM
Schroder BSC Social Impact Trust PLCAGM
SLF Realisation Fund LtdAGM
  
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(Sharecast News) - Orosur Mining updated the market on its operations in Colombia on Friday, reporting assays from four additional diamond drill holes at Pepas and Pupino.

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