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

Ormonde Mining is targeting first production from its flagship project in western Spain by end of next year.

Commercialisation of the potentially lucrative Spanish mineral mine being developed by Co Meath-based prospecting firm, Ormonde Mining, is likely to be delayed until next year.

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.