Ormonde Mining Plc (ORM.NEX) Share Price & News
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Ormonde Mining Plc Company Profile
Ormonde Mining plc is an AIM and ESM quoted mineral resource company which is developing mining projects and carrying out exploration in Spain.
Ormonde is developing the world class Barruecopardo Tungsten Mine (30% interest) with partner Oaktree Capital Management (70%), where mine commissioning is scheduled to commence in Q3 2018. Once it reaches full production, Barruecopardo will deliver ~12% of current non-Chinese world tungsten concentrate supply with operations to be expanded post start-up to become a major long-life mine.
The company’s interests also include copper and gold exploration in several highly prospective areas of western Spain.