Canadian mining firm Almonty Industries says it has no remaining interest in Co Meath-based company Ormonde Mining now that the latter has approval to proceed with its planned partial sale of its flagship asset.

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’s potentially transformational tungsten mine in western Spain is set to be commissioned and begin production in early 2016.

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.

World stocks and the euro moved lower yesterday following comments from the US Senate majority leader Democrat Harry Reid that the economy may be poised to go off the “fiscal cliff”.

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

Fastnet Oil & Gas has managed to raise about £15m (€18.6m) in fresh funding via a heavily oversubscribed share placing.

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

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”.

WHERE did it all go right for Kilkenny?

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.

ORMONDE MINING, the Irish mineral exploration company, with a focus on the Spanish market, has reported a lowering of full-year losses for 2010 — a year which management has referred to as a period of “significant progress”.

Paraic Breathnach will reprise his role as advisor to judge for the West Daithi O’Sé in the new series of 'The All Ireland Talent Show', it was announced today.

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.

Mining company Ormonde has signed an agreement with Antofagasta Minerals on an exploration joint venture on Ormonde’s La Zarza ground holdings in the Huelva Province of southern Spain.

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.

ORMONDE MINING, the Irish mineral exploration company whose main focus is two mines in Spain (one for copper, gold and zinc and the other tungsten) has announced a share placing aimed at raising around £620,477 (nearly €720,000) in new capital.

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.

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.

Mining company Ormonde has reported new gold intercept results from drilling at the Pino de Oro prospect, part of its Salamanca Gold Project in western Spain.

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, the IEX and AIM listed exploration company, has upgraded its Barruecopardo tungsten mine in Salamanca in Spain to advanced project status following a successful second stage drilling programme.

ORMONDE MINING revealed disappointing updates on its tungsten projects in the Salamanca area in western Spain.

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 plc today reported progress on its gold exploration projects in northwest Spain, with drilling programmes on the Salamanca Gold Project and other properties to continue through Q4.

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.

Mining company Ormonde reported after-tax losses of €421,000 for 2005 in a preliminary results announcement today.

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.

Shares in Eircom rose 1c to 2.17 following the announcement that it has opened its books to bidders Babcock and Brown and the Employee Share Ownership Trust (ESOT), the telecoms company announced today.

Mining company Ormonde has said it has uncovered a large copper-gold-silver resource with the potential to become a successful mining operation at the La Zarza project in the pyrite belt mining district of southern Spain.