Orvana, startet 4 Projekte, 2010, 2011, 2012, 2013

Orvana Files Reserve Statement and Cash-Flow Model for Upper Mineralized Zone (UMZ) Cu-Au-Ag Deposit, Bolivia

Text: TORONTO, ONTARIO--(Marketwire - Aug. 20, 2010) - Orvana Minerals Corp. (TSX:ORV) announced today the highlights of their 43-101-compliant reserve statement and cash-flow model for the Upper Mineralized Zone ("UMZ") copper-gold-silver project in eastern Bolivia. The planned 10-year mine will produce over 150,000 ounces gold, nearly 5,000,000 ounces silver, and 70,000 tonnes copper over the mine life, and yields an after-tax IRR of 81% and NPV(10%) of US$43.6 million. Cash costs are US$529/ounce gold net of by-product, or US$1.32/pound copper net of by-product. The installation of the Leach-Precipitation-Flotation ("LPF") circuit will beneficiate the copper from the oxide zone, thus improving the economic viability of the project. Construction is 75% complete and capital costs are now projected to be US$21M, which is 55% of estimates provided by independent consultants. The Technical Report was submitted by Gino Zandonai and Dr. Roshan Bhappu, both Independent Qualified Persons for purposes of National Instrument ("NI") 43-101, and Dr. W. C. Williams, VP, Corporate Development for Orvana Minerals Corp.

"The evolution of this project manifests the creative, innovative, and technical capabilities of our Bolivian staff, led by our President and COO, Carlos Mirabal, and their ability to make mines at capital costs far less than expected," said Roland Horst, Chief Executive Officer of Orvana. "In addition, Dr. Bhappu's contribution to the metallurgical issues has unequivocally added value to the project. Construction and development continue on schedule and this fall remains our production target. Once production begins, a modest exploration program will include not only the testing of shear-zone gold targets like the Las Tojas deposit and the previously mined Lower Mineralized Zone ("LMZ"), but UMZ-style targets as well."

The UMZ deposit is hosted by subvertically-dipping Proterozoic schistose rocks within the western part of the Brazilian Shield. A 50-m thick oxide cap overlies a oxide/sulphide-bearing transition zone, which overlies a sulphide zone primarily comprised of chalcopyrite. The deposit forms the Don Mario hill, which is sparsely vegetated due to the high oxide copper grades, and will be mined by open-pit methods. Throughput is planned at 1,700 tpd.

Processing will involve the leaching of the porous, oxide and transition ores, followed by precipitation utilizing iron sponge, and then by flotation to make a concentrate with a copper grade of 64% (the LPF process). The resultant tailings will be processed by the existing CIL circuit to enhance gold and silver recoveries. The sulphide ore will be processed by froth flotation to make a copper concentrate. Two flotation-cell circuits have been installed to make a lead concentrate as well in order to increase the copper grade and reduce the lead grade in the copper concentrate.

Base-case operational parameters are as follows:



Throughput (transition & sulphide):     1,700 tpd (for 10.5 years)
Avg. Annual Production (LOM)            14,400 ounces Au          
                                       6,600 tonnes Cu          
                                       460,000 ounces Ag        
Gold recovery (LOM - all ores):         58%                      
Copper recovery (LOM - all ores):       83%                      
Silver recovery (LOM - ores):           59%                      
                                                                           
Key financial input parameters are (all values in US dollars):              
                                                                           
 Pre-production capital:                 $  20,956,000                    
 Working & sustaining capital:           $  9,119,000                      
 Mine operating cost:                    $  3.75/t ore, $1.90/t waste      
 Strip Ratio (Waste:Ore):                0.51:1                            
 Processing cost:                                                          
   LPF:                                  $  33.32/t ore (Oxide/Transition)
   Flotation -only:                      $  17.26/t ore (Sulphide)        
 G&A:                                    $  4.00/t ore                    
 Copper price (LOM):                     $  2.00/lb.                      
 Gold price (LOM):                       $  800.00/ounce                  
 Silver price (LOM):                     $  12.50/ounce                    



Production is subject to a 3% net smelter return royalty ("NSR") that is held by Royal Gold. The Bolivian government collects a royalty on the revenues generated from the copper, gold, and silver sales at a rate of 5%, 7%, and 6%, respectively. The corporate tax rate is 37.5%.

The updated resources and reserves are summarized in the following table.



--------------------------------------------------
Resources inside Final Pit                                                  
                                  -----------------------------------------
                                       Tonnes     Cu, %   Au, gpt   Ag, gpt
--------------------------------------------------
                          Measured    851,632      1.04      1.03     27.94
Sulphide                  Indicated  1,210,430      0.98      0.92     29.03
                          Inferred      7,062      0.61      0.66     23.31
--------------------------------------------------
                          Measured    922,323      1.28      1.42     50.48
Transitional              Indicated  1,072,146      1.15      1.25     43.90
                          Inferred     83,832      0.91      0.81     40.55
--------------------------------------------------
                          Measured    769,028      1.67      1.57     55.92
Oxide                     Indicated  1,051,185      1.69      1.58     44.18
                          Inferred    190,401      1.53      1.27     38.76
--------------------------------------------------
                          Measured    206,034      1.98      1.43     50.77
Porous                    Indicated    326,664      1.99      1.35     38.62
                          Inferred     44,323      2.54      1.44     29.34
--------------------------------------------------
--------------------------------------------------
TOTAL                      Measured  2,749,017      1.37      1.34     45.04
                         Indicated  3,660,425      1.32      1.25     38.59
                     --------------------------------------------------
                         TOTAL M&I  6,409,442      1.34      1.29     41.36
                     --------------------------------------------------
                          Inferred    325,618      1.49      1.16     37.61
--------------------------------------------------
                                                                           
--------------------------------------------------
--------------------------------------------------
                                                                           
--------------------------------------------------
Reserves                                                                    
                                  -----------------------------------------
                                       Tonnes     Cu, %   Au, gpt   Ag, gpt
--------------------------------------------------
Sulphide                     Proven    716,651      1.20      1.19     32.40
                          Probable    984,480      1.16      1.08     34.43
--------------------------------------------------
Transitional                 Proven    837,474      1.37      1.52     53.67
                          Probable    928,079      1.27      1.39     48.43
--------------------------------------------------
Oxide                        Proven    742,580      1.71      1.62     57.26
                          Probable    980,363      1.79      1.68     46.58
--------------------------------------------------
Porous                       Proven    198,180      2.03      1.47     52.05
                          Probable    315,535      2.04      1.39     39.33
--------------------------------------------------
--------------------------------------------------
TOTAL                        Proven  2,494,885      1.48      1.45     48.50
                          Probable  3,208,457      1.47      1.39     42.67
                     --------------------------------------------------
                         TOTAL P&P  5,703,342      1.47      1.41     45.22
--------------------------------------------------



Based on the long-term metals prices and other parameters listed above, the project yields an IRR of 81%, and an NPV(10%) of US$43.6 million.

The information presented herein was completed by or under the supervision of Gino Zandonai and Dr. Roshan Bhappu, Independent Qualified Persons for the purposes of NI 43-101, and Dr. W.C. Williams, VP, Corporate Development of Orvana Minerals Corp. The summary report will be made available on the Company's website, www.orvana.com, and on SEDAR, www.sedar.com within 45 days.

About Orvana

Orvana Minerals is a gold producer with a strong balance sheet and is transforming itself into a multi-mine gold and copper producer. Orvana's primary asset is the El Valle/Boinas-Carles ("EVBC") gold-copper project in northern Spain, which is expected to be in production early in 2011. Orvana owns and operates the Don Mario gold mine in Bolivia where the company is developing the gold-copper-silver Upper Mineralized Zone ("UMZ") deposit, which is expected to be in production during the fall of 2010. In addition, Orvana is advancing its Copperwood copper project in Michigan, USA. Additional information is available at Orvana's website (www.orvana.com).

Forward Looking Disclaimer

Certain statements in this press release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but not always, using words or phrases such as "believes", "expects" "plans", "estimates" or "intends" or stating that certain actions, events or results "may", "could", "would", "might", "will" or "are projected to" be taken or achieved) are not statements of historical fact, but are forward-looking statements.

Forward-looking statements relate to, among other things, all aspects of the development of the Upper Mineralized Zone ("UMZ") deposit at the Don Mario Mine in Bolivia, the El Valle-Boinas/Carles project in Spain and the Copperwood project in Michigan and their potential operations and production; the outcome and timing of decisions with respect to whether and how to proceed with such development and production; the timing and outcome of any such development and production; estimates of future capital expenditures; mineral resource estimates; estimates of permitting time lines; statements and information regarding future feasibility studies and their results; production forecasts; future transactions; future metal prices; the ability to achieve additional growth and geographic diversification; future production costs; future financial performance, including the ability to increase cash flow and profits; future financing requirements; and mine development plans.

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Orvana as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates and assumptions of Orvana contained or incorporated by reference in this news release, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company's most recently filed Annual Information Form, or as otherwise expressly incorporated herein by reference as well as: there being no significant disruptions affecting operations, whether due to labour disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; permitting, development, operations, expansion and acquisitions at the UMZ deposit, El Valle- Boinas/Carles and the Copperwood projects being consistent with the Company's current expectations; political developments in any jurisdiction in which the Company operates being consistent with its current expectations; certain price assumptions for gold, copper and silver; prices for key supplies being approximately consistent with current levels; production and cost of sales forecasts meeting expectations; the accuracy of the Company's current mineral reserve and mineral resource estimates; and labour and materials costs increasing on a basis consistent with Orvana's current expectations.

A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include fluctuations in the price of gold, silver and copper; the need to recalculate estimates of resources based on actual production experience; the failure to achieve production estimates; variations in the grade of ore mined; variations in the cost of operations; the availability of qualified personnel; the Company's ability to obtain and maintain all necessary regulatory approvals and licenses; the Company's ability to use cyanide in its mining operations; risks generally associated with mineral exploration and development, including the Company's ability to develop the UMZ deposit, the Copperwood project or the El Valle-Boinas/Carles project; the Company's ability to acquire and develop mineral properties and to successfully integrate such acquisitions; the Company's ability to obtain financing when required on terms that are acceptable to the Company; challenges to the Company's interests in its property and mineral rights; current, pending and proposed legislative or regulatory developments or changes in political, social or economic conditions in the countries in which the Company operates; general economic conditions worldwide; and the risks identified in Orvana's Management's Discussion and Analysis for the period ended September 30, 2009 under the heading "Risks and Uncertainties". This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's Annual Information Form for a description of additional risk factors.

Market Call : September 29, 2010 : [09-29-10 1:00 PM]

BNN speaks to Charles Oliver, senior portfolio manager, Sprott Asset Management. FOCUS: Canadian resource and precious metals stocks
http://watch.bnn.ca/#clip354316

(über Orvana Minerals ab Minute 7:40)  

wer hier welche hat, oder der Glückliche ist hier welche zu haben, könnte solangsam mit dem Gedanken spielen ein paar seiner Shares zu Geld zu machen. Warum?

Nun, weil es die Insider auch machen:
 

lg

Bio

obwohl ein bekannter BB die Aktie Wöchentlich am pushen ist,das intresse hier scheint auch nicht allzu gross zu sein.  

was für ein BB, wenn ich fragen darf? Ist es der, der auch Indo Mines  oder Silver Sun oder Cortez Gold oder....oder....empfohlen hat und dies ein oder zwei Tage nachdem Er einkaufen war?  Hat der BB  früher diese Aktie schon empfohlen? Weißt Du, ob dieser Titel noch  interessant werden könnte, oder ist? Danke schon mal im voraus für eine Antwort. Ich beobachte schon länger verschiedene Titel, hab aber noch nie einen Komentar geschrieben, bis jetzt.

LG

 

Orvana Minerals gains as Q1 results indicate "improving situation"

http://www.proactiveinvestors.com/companies/news/...uation-40466.html

Habe deine Anfrage jetzt erst gelesen.Genau der gleiche BB ist es,für ihn ist es eines der besten Invests,das war aber Indo Mines,Silver Sun ( die heutige Golden Sun) und Cortez Gold auch und dann schau dir die heutigen Kurse an.Gruß Kalle.  

aber nicht über 0,65 Eurocent da hat sich vermutlich auch ein gewisser BB eingedeckt,so langsam aber sicher nähern wir uns diesem Kurs.  

numbers recorded

http://www.proactiveinvestors.co.uk/companies/...-recorded-58080.html

noch jemand hier dabei  ?

Orvana hat am  6.12.  gute Ergebnisse und geringere  cash costs gemeldet.

http://web.tmxmoney.com/quote.php?qm_symbol=ORV

gute Aussichten für  2014 mit dann auch höherer Produktion.

I hope so,

mfg
Arriba



 

wie steigt ihr eigentlich bei diesem Wert ein??? in den USA?

Bin zwar aufmerksam geworden auf diesen Wert  weil er hat ein KGV von 2  und ist einfach lächerlich bewertet und selbst wenn der Goldpreis auf 1000 fällt so machen die Jungs Gewinn

aber wie steigt ihr ein ?  Tradegate bietet 0,316 Geld und Bid  0,417  und Franfurt das Gleiche und Stuttgart ist viel teurer

Wie steigt ihr also bei diesem Wert ein??  

in Frankfurt bekommen ??

Ich war schwimmen  sonst hätte ich dort auch welche positioniert  Schade  

schau hier
http://www.ariva.de/orvana_minerals-aktie/kurs

jedenfalls heute  fast alle gleich,  FFT + Tradegate zu  0,392 ,  STU  zu  0,394 kaufen
wenn Dir das zu teuer ist mußt halt ne  Order mit Deinem Wunschkurs aufgeben.

 

"IRW-PRESS: Orvana Minerals Corp.: Orvana meldet Ergebnisse für das erste Quartal 2014 mit bereinigtem Nettoeinkommen von 1,2 Millionen $ oder 0,01 $ pro Aktie

Orvana meldet Ergebnisse für das erste Quartal 2014 mit bereinigtem Nettoeinkommen von 1,2 Millionen $ oder 0,01 $ pro Aktie

Toronto, Ontario, 7. Februar 2014 - Orvana Minerals Corp. (TSX:ORV) ("Orvana" oder das "Unternehmen") meldete heute die Finanz- und Betriebsergebnisse des ersten Quartals, das am 31. Dezember 2013 zu Ende ging (das "erste Quartal 2014").

Das Unternehmen meldete für das erste Quartal 2014 ein Nettoeinkommen von 6,0 Millionen $ oder 0,04 $ pro Aktie ausschließlich nicht realisierter Gewinne aus der Neubewertung der Finanzinstrumente des Unternehmens und der daraus resultierenden Steuereffekte.

Der nicht geprüfte konsolidierte Zwischenbericht für das erste Quartal des Geschäftsjahres 2014 (der "Geschäftsbericht für das erste Quartal 2014") und die dazugehörigen Stellungnahmen und Analysen des Managements ("MD&A des ersten Quartals 2014") wurden auf SEDAR (www.sedar.com) und auf www.orvana.com veröffentlicht." ...[...]

http://www.finanznachrichten.de/...-dollar-oder-0-01-dollar-p-016.htm
 

http://web.tmxmoney.com/article.php?newsid=69070386&qm_symbol=ORV

weiter so rum ?

Orvana produziert im Jahr ca. 80000 Oz Gold + ca. 1 Mio Oz Silber und ca. 20 Mio lbs Kupfer.  -  Das sind ca. 8,8 Mio Oz Silberäquivalent !!!

Die Hauptmine (mit über 2,4 Mio Oz Gold measured/indicated + inferred) liegt in Spanien
(also kein Länderrisiko), und die Firma hat die Schulden in kürzester Zeit auf 13,7 Mio$ gesenkt !

Und diese Firma hat eine Marktkapitalisierung von gerade mal 71 Mio CAN$ ?
Kann mir das mal jemand erklären ?

Bomin


 

Ressourcen und Reserven wurden drastisch reduziert:

http://web.tmxmoney.com/article.php?newsid=69664544&qm_symbol=ORV

nur noch 4 Jahre Minenlaufzeit  (statt zuvor angenommene 9 Jahre).

Das wars !

Bomin
 

Reaktion des Marktes übertrieben, da der Kurs ohnehin schon
seit über 3 Jahren fällt (von fast 3,-€). ´denke, die "neueste"
Info war da schon eingepreist ...
Und knappe Ressourcen haben auch andere Gesellschaften,
z.B. EXN, KDX, ...  (und die stehen da als wenn nix wär ...)

Bomin
 

"...
- Gold production of 84,084 ounces and copper production of 21,056,110 pounds in 2014, surpassing 2013 production - Gold equivalent production of approximately 150,000 ounces - Net debt of $0.7 million at September 30, 2014, down $40.4 million from $41.1 million at September 30, 2013"

 

http://web.tmxmoney.com/article.php?newsid=71134724&qm_symbol=ORV

.. wenn´s so weitergeht ... :)

Bomin  

dieser 150k Oz produzierenden, bald schuldenfreien Multimine-Gesellschaft
liegt zZt gerade mal bei 44 Mio CAD - ein absoluter Witz !!!

Bomin
 

produziert Orvana etwa 10,8 Mio Oz Silber(eq) im Jahr !!!
Welche andere Mine mit vergleichbarer Marktkapitalisierung
kann da mithalten ? ....

... Keine !

Bomin
 

Benj Gallander discusses Orvana Minerals

http://www.bnn.ca/video/...allander-discusses-orvana-minerals~1142144  

... Net income (loss) per share (basic/diluted): $0.06 in fiscal Q4 2020 ...

 

Updated NI 43-101 for its Spanish Operation:

5 Years Life of Mine + Zusatz
Proven and Probable Reserves of 3.4 million tonnes containing 307,000 ounces of gold

 

https://www.minenportal.de/artikel/...oduktionszahlen-fuer-Q1-21.html