Ormonde Mining considering its future after agreeing to sell its chief asset

Ormonde Mining is considering all future options after opting to sell out of its chief asset.

Ormonde Mining considering its future after agreeing to sell its chief asset
Wed, 08 Jan, 2020 - 18:18
Geoff Percival

Ormonde Mining is considering all future options after opting to sell out of its chief asset.

The Meath-based prospector has decided to sell its 30% stake in the Barruecopardo tungsten mine, in western Spain, for €6m to its joint-venture partner US investment firm Oaktree Capital Management.

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