Ormonde Mining has expressed doubt about fresh claims from potential suitor, Almonty Industries, that funds are in place to cover a possible takeover of the Irish firm.

Ormonde Mining is now expected to gain final formal approval for its potentially transformational Spanish-based tungsten project in the next few weeks.

Exploration firm Ormonde Mining expects to receive full approval for its breakthrough Spanish-based tungsten project in August, paving the way for first commerciality in late 2015.

Dublin-based explorer Fastnet Oil & Gas has said that interest in its Celtic Sea assets has swelled since the second half of last year, with a number of sizeable international players considering a farm-in investment.

Mineral exploration company, Ormonde Mining has raised just under €1.3m from a share placing, to enable it to bring its planned tungsten mine in western Spain up to speed ahead of the anticipated award of a full drilling permit.

Ormonde Mining, the Meath-based mineral exploration company, has rejected a $35m (€26m) takeover approach from Canada’s Almonty Industries.

Annual losses at Ormonde Mining — the Co Meath-based mineral exploration company with a focus on the Spanish market — increased nearly five-fold last year, on the back of a once-off impairment charge.

The Meath-headquartered mineral exploration firm, Ormonde Mining, has said further drilling work at its Peralonso Permit in Spain’s Salamanca Province further confirms the presence of ‘near surface’ gold.

Ormonde Mining, the Co Meath-based mineral resource firm, is hoping to sell its La Zarza copper and gold project, in the south of Spain, for €5m in the second quarter of this year.

Irish mineral exploration company, Ormonde Mining has raised £1.4m (€1.7m) in fresh funding via a new share placing.

Petroceltic has been awarded a share of a new licence in Egypt, for which potential oil prospects have already been identified.

Tullow Oil has added Greenland to its increasingly diversified international presence — takinga 40% stake in a licence located in Baffin Bay.

Irish exploration company, Ormonde Mining is in advanced talks regarding the funding of its headline asset — the Barruecopardo tungsten project in Spain.

Ormonde Mining is confident of finalising funding for the development of its headline asset — the Barruecopardo tungsten mine in western Spain — “over the coming months”.

The ISEQ index of Irish shares closed down 4 points to 3,085 today, a drop of just 0.1%.

Irish mining companyConroy Gold and Natural Resources has announced a near 20% increase in estimated total resources at its Co Monaghan-based gold project at Clontibret to over 600,000 ounces.

Improving prospects of Greece getting its second bailout, thus keeping the euro zone intact for the time being, boosted international stock markets yesterday.

IRISH mining company, Conroy Gold & Natural Resources has been awarded seven new prospecting licences in Kilkenny, Clare and Tipperary.

PROVIDENCE Resources has announced the middle of November as the expected formal start date for its long-anticipated drilling programme off the coast.

IRISH exploration company, Ormonde Mining has applied to the mining authorities in Spain for the re-activation of the La Zarza copper mine in the south of the country.

THE ISEQ index of Irish shares climbed back past the 3,000 point mark yesterday for the first time in nearly two months.

STOCK markets could deliver double-digit growth this year, but that optimistic forecast could be in tatters by the year end.

LIMERICK-headquartered exploration company, Circle Oil is aiming to almost treble its daily production levels within the next three years.

IRISH mineral exploration company Ormonde Mining has unveiled that its project in Salamanca, Spain, has found “excellent gold potential”, according to an independent report.

ORMONDE Mining – the Navan-headquartered mineral exploration company, with a focus on the Spanish market – has reported a pre-tax loss of just under €1.58 million for 2009.

SOUTH American conglomerate Antofagasta has been awarded an option to take a controlling stake in the La Zarza copper, gold and zinc mine in southern Spain which is controlled by Irish company Ormonde Mining; after the two reached a joint venture exploration agreement.

ORMONDE Mining, the Co Meath-based mineral exploration company, has reported a loss of €242,000 for the six months to the end of June – significantly down on a loss of €379,000 for the first half of last year.

The ISEQ index of Irish shares was marginally down in early trading this morning, dropping 7.52 points to 2,565.46 by 11am.

Ormonde Mining said this morning it has entered into discussions with a 'major mining company' on investment in its La Zarza project in the Huelva province of southern Spain.

ORMONDE Mining has reported a net loss before taxation of €2.56m in 2008, from €650,000 a year earlier, principally due to a write-down of early exploration work.

Ormonde Mining has reported a new mineral resource estimate for its Barruecopardo Tungsten project in Salamanca, Spain, prepared by independent consultants CSA Global Pty Ltd, which shows a threefold increase in resource tonnage.

IRELAND’s Ormonde Mining said yesterday a preliminary economic evaluation of its Barruecopardo tungsten project in Salamanca, Spain, had produced “very encouraging” results.

Ormonde Mining has announced that ongoing drilling and evaluation work at its Barruecopardo Tungsten Project in Salamanca, Spain, now indicates a deposit with multiple mineralised zones, raising the Project’s resource and economic potential.

ORMONDE Mining, listed on both Dublin and London’s small companies markets, has had encouraging results from its gold prospecting in western Spain.

Exploration company Ormonde Mining has taken complete control of the La Zarza copper and gold project in northern Spain.

The ISEQ index of Irish shares was down today, falling 23.42 points to 9149.91.

Ormonde Mining has increased its equity interest in the La Zarza project in southern Spain to 100% in an acquisition which includes all land holdings at La Zarza held by joint venture partner Nueva Tharsis.

Ormonde Mining plc has announced a loss of €597,267 for the year ended December 31, 2006.

EXPLORATION company Ormonde Mining says drilling at its Barruecopardo system in northern Spain indicates potential for a new tungsten find.

Ormonde Mining said today its after-tax loss for the six months to June 30 was €236,000, up from €201,000 in the same period last year.

Ormonde Mining has reported the completion of a pre-feasibility scoping study for the La Zarza copper-gold project in southwest Spain, where it is earning a minimum 70% interest.

ORMONDE Mining has reported optimistic levels of mineral resource estimates from its La Zarza Project in the Pyrite Belt mining district in the south of Spain.

Ormonde Mining has reported positive developments in gold recovery tests on a sample from the La Zarza gold-copper project in southern Spain.

EXPLORATION company Ormonde Mining, with a strong focus on gold exploration in Spain, made losses of €201,224 for the six months to the end of June.