Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on Orosur Mining. We currently have 53 research reports from 5 professional analysts.
Arkle Resources* (ARK LN) – Glencore agrees C$1m of funding for Stonepark Zinc project in Ireland | BlueRock Diamonds* (BRD LN) – Houston and Simbanegavi drive record production and new value at Kareevlei diamond mine | Cora Gold* (CORA LN) – Flash note: De-risking Sanankoro Gold Project | Orosur Mining* (OMI LN) – Q1 results | Strategic Minerals* (SML LN) – Resumption of regular sales at Cobre magnetite in the US | Tri-Star Resources* (TSTR LN) – Tri-Star reports antimony concentrate grade at 99.5% with 5% gold | Wealth Minerals (WML CN) – Uranium One MOU signed for the Atacama Lithium Project
Companies: ARK BRD CORA OMI SML TSTR WML
Arc Minerals* (ARCM LN) STRONG BUY – Financial results to end March 2019 | Bushveld Minerals* (BMN LN) BUY – Valuation 80p – Tanya Chikanza appointed as Finance Director of Bushveld Minerals | Caledonia Mining (CMCL LN) – Quarterly dividend | MOD Resources (MOD LN) – Overwhelming shareholder approval for Scheme of Arrangement | Peak Resources (PEK AU) – Ngualla transaction “not fair but reasonable” | Strategic Minerals* (SML LN) – Interim results | Orosur Mining* (OMI LN) – Continental Gold expect mechanical completion of the giant Buriticá gold project for Q1 2020 | Shanta Gold (SHG LN) – Drilling potentially to add new ounces to the NLGM MRE | URU Metals* (URU LN) – Results to March 2019 highlights enthusiasm for the Zebediela pgm project in South Africa
Companies: ARCM bmn CMCL MOD PEK SML OMI SHG URU
Arc Minerals* (ARCM LN) – STRONG BUY – ARC soil samples indicate potential for further copper discoveries within short distance from Cheyeza | Arkle Resources* (ARK LN) – Identification of new gold target at Inishowen | BHP (BHP LN) – Annual results dominated by iron ore | Bluejay Mining* (JAY LN) – BUY - Target price 21.3p - Bluejay submit paperwork for mining license at the Dundas ilmenite project in Greenland | Orosur Mining* (OMI LN) – Uruguay payment plan approved by court | Solgold* (SOLG LN) – Presenting at the Denver Gold Forum
Companies: ARCM ARK BHP JAY OMI SOLG
KEFI Minerals* (KEFI LN) – Tulu Kapi development works start scheduled for October | Landore Resources (LND LN) – BAM drilling results | Orosur Mining* (OMI LN) – Annual business review and results | Premier African Minerals* (PREM LN) – Loan repayment extended until 31st January 2020
Companies: KEFI LND OMI PREM
BlueRock Diamonds* (BRD LN) – BlueRock sign five-year mining contract with Teichmann Group | Orosur Mining* (OMI LN) – Orosur shares run on Continental Gold drilling and positive gold price | Continental Gold (CNL CN) Drilling shows great gold intersections on Buriticá gold project | Serabi Gold (SRB LN) – Coringa PEA delayed to end August due to move to dry stack tailings | Solgold* (SOLG LN) – Further exploration results from northern Ecuador
Companies: BRD OMI SRB SOLG CNL
Anglo Asian Mining* (AAZ LN) – Final dividend (4USc) payment | Base Resources (BSE LN) – Mining moves to the Kwale South Dune area | IronRidge Resources* (IRR LN) – Board changes | Orosur Mining* (OMI LN) – Anza exploration update
Companies: AAZ BSE IRR OMI
ARC Minerals* (ARCM LN) – Maiden Drilling confirms 25m over 1% Copper | Bacanora Lithium (BCN) – Correction - Genfeng signs agreement to buy 29.99% of Bacanora for £14.4m | Bluejay Mining* (JAY LN) – Disko-Nuussuaq exploration program highlights scale and potential for discovery | Bushveld Minerals* (BMN LN) - BUY – Valuation 90p – Vanadium rental / leasing structure to accelerate value creation. Vanadium forecasts adjusted. | Caledonia Mining (CMCL LN) – Quarterly dividend declared | Ironveld (IRON LN) – Strategic review of mining assets | Keras Resources* (KRS LN) BUY, Valuation 1.04p – Drilling at Calidus returns very good grade over 4m composite results | Orosur Mining* (OMI LN) – Investment into Continental Gold for Colombian gold mine encourages Orosur | Continental Gold (CNL CN) – US$25m investment by Eric Sprott | Panoramic Resources (PAN AU) – Disposal of Thunder Bay North Project
Companies: ARCM BCN JAY bmn CMCL IRON KRS OMI CNL PAN
Ariana Resources (AAU LN) 1.9p, Mkt Cap £20.1m – Q1 2019 preliminary production results | Armadale Capital (ACP LN) 1.3p, Mkt Cap £5.0m – Mahenge Liandu graphite project update | Asiamet Resources (ARS LN) 6.8p, Mkt Cap £68.2m – BKM drilling results | Beowulf Mining* (BEM LN) 6.1p, Mkt Cap £35.5m – Subscription to raise £500,000 | Caledonia Mining (CMCL LN) 421p, Mkt Cap £45.3m – Central Shaft remains on track | Hummingbird Resources (HUM LN) 18.4p, Mkt Cap £65m – Q1 production update | KEFI Minerals* (KEFI LN) 1.7p, Mkt Cap £11m – Q1 update | Neo Lithium (NLN CN) C$0.95, Mkt Cap C$111.6m – 3Q Environmental Impact Assessment submission | Orosur Mining* (OMI LN) 3.1p, Mkt Cap £4.7m – Q3 results highlights support by Newmont in jv with Orosur on the Anza project in Colombia | Rio Tinto (RIO LN) 4708.5p, Mkt cap £79.99bn – Cyclone disruption to Pilbara iron ore business overshadows solid production quarter | Thor Mining* (THR LN) 0.75p, Mkt Cap £6.1m – Drilling underway at Bonya tungsten project | W Resources (WRES LN) 0.53p, Mkt Cap £30.7m – Commissioning of the jig and mill plant underway at La Parilla
Companies: AAU ACP ARS BEM CMCL HUM KEFI NLN OMI RIO THR WRES
Anglo Asian Mining* (AAZ LN) BUY – Target Price 96p – Airborne geophysics update | Bacanora Lithium (BCN LN) – Corporate update | Beowulf Mining* (BEM LN) – Subscription to raise £750,000 and further investment in Kosovan exploration | Churchill Mining (CHL LN) suspended – Intention to appoint Administrators filed | Condor Gold (CNR LN) – Metallurgical test results from La India samples | Edenville Energy* (EDL LN) – Corporate update | Orosur Mining (OMI LN) – Orosur and Newmont press ahead with exploration review around Anzá in Colombia SP Angel appointed as Nomad and broker to Orosur | Rio Tinto (RIO LN) – Cyclone Veronica hits iron ore guidance | Scotgold Resources* (SGZ LN) BUY – Target Price 57p – Exploration update | W Resources (WRES LN) – Drilling confirms wide high grade mineralisation at Regua
Companies: AAZ BCN BEM CHL CNR EDL OMI RIO SGZ WRES
Greatland Gold (GGP LN) – Strategic and operational update | Orosur Mining (OMI LN) – Death of Non-Executive Chairman, John Walmsley | Oriole Resources (ORR LN) – 8km gold anomaly in Cameroon may indicate new gold province | Altus Strategies* (ALS LN) - Laboum project lies within a similar geology to that at Wapouzé in Cameroon | Tertiary Minerals* (TYM LN) – Fluorspar mine accident kills 22, leads to closure of mines in Inner Mongolia | Tietto Minerals (TIE AU) – High-grade gold intersections confirm Ivory Coast Abujar deposit extensions
Companies: GGP OMI ORR ALS TYM
Anglo Asian Mining* (AAZ LN) BUY – Target Price raised to 108p from 84p – Annual production comes at the higher end of guidance | Atalaya Mining (ATYM LN) – Record Q4 production brings 2018 in at top end of revised guidance | Orosur Mining (OMI LN) – H1 and Q2 results, Newmont investment in Anzá gold project in Colombia and Uruguay developments | Rambler Metals (RMM LN) – US$1m unsecured loan from 60% shareholder | Tertiary Minerals* (TYM LN) – Intends to contest Storuman mine permit rejection | Vast Resources (VAST LN) – Chairman’s letter seeks authority to invest in the Marange Diamond fields in Zimbabwe and to start mining in Romania
Companies: AAZ ATYM OMI RMM TYM VAST
Edison Investment Research is terminating coverage on Orosur Mining (OMI). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.
Companies: Orosur Mining
Anglo American (AAL LN) – De Beers sees continuing US demand for diamond jewellery | Asiamet Resources (ARS LN) –BKM infill and geotechnical drilling | well underway | Cradle Arc Plc* (CRA LN) SUSP – Provisional liquidation of Leboam Holdings Orosur Mining (OMI LN) – Q1 results and Newmont investment in Anzá gold project in Colombia | Rainbow Rare Earths (RBW LN) – Maiden JORC Mineral Resource Estimate | Savannah Resources (SAV LN) – Cooperation agreement with Porto University and LNEG | Thor Mining (THR LN) – Positive hydrological studies at Kapunda
Companies: AAL ARS CRA OMI RBW SAV THR
Azalea Energy—oil and gas production and development company based in Louisiana, United States. Net production of 13 MMcfe/D (2,200 boepd) and total 1P proved reserves of 91 Bcfe (15.1 mmboe), 2P reserves of 111 Bcfe (18.5 mmboe) raising up to $38m, expected mkt cap over $100m. Due Oct Summerway Capital investing company established to acquire companies or businesses which the directors of the Company believe have the potential for strategic, operational and performance improvement so as to create shareholder value. Offer TBC, market cap TBC expected 19 October Admission is being sought as a result of the proposed RTO of Cambian Group plc following completion of the acquisition by CareTech a leading provider of specialist social care services, supporting adults and children with a wide range of complex needs. No raise, market cap TBC expected 19 October. PetroTal (TAL.TO) - The exploration and production company focused on oil assets in Peru is seeking a secondary AIM quotation before the end of 2018. Path Investments— First acquisition of a 50 per cent. participating interest in the producing Alfeld-Elze II gas field located 22 kilometres south of Hannover in Germany. Seeking £10m raise. Due late Oct Green Man Gaming—pure play e-commerce and technology company in the digital video games industry. revenue CAGR growth of 26.7% in the last three years to £47.5m. Due Mid October 2018. EBITDA Profitable. Offer TBA Crossword Cybersecurity PLC* (NEX:CCS)—the technology commercialisation company focusing exclusively on the cyber security sector is exploring its options in relation to a potential move to the AIM market of the London Stock Exchange which, if it were to proceed, would likely take place over the next few months.
Companies: IQE OMI IXI SIM PPS GLR CORA AEG TEK VLS
Anglo Asian Mining* (AAZ LN) BUY, Target 84p – Earnings update | Cora Gold* (CORA LN) – 1-2moz exploration target identified at Sanankoro Cradle Arc* (CRA LN) – Licence extensions granted at Thakadu and Makala | Galileo Resources (GLR LN) – Drilling results from Star Zinc | Orosur Mining (OMI LN) – Q1 results and Newmont investment in Anzá gold project in Colombia | Premier African Minerals (PREM LN) – Zimbabwe to decide on restructuring of RHA tungsten mine | Bacanora Lithium (BCN LN) – Final audited accounts for year ended 30 June 2018 Talga Resources* (TLG AU) – Swedish cobalt project update
Companies: AAZ CORA CRA GLR OMI PREM BCN TLG
Research Tree provides access to ongoing research coverage, media content and regulatory news on Orosur Mining. We currently have 53 research reports from 5 professional analysts.
|24Sep19 16:40||RNS||Second Price Monitoring Extn|
|24Sep19 16:35||RNS||Price Monitoring Extension|
|18Sep19 16:40||RNS||Second Price Monitoring Extn|
|18Sep19 16:35||RNS||Price Monitoring Extension|
|13Aug19 09:05||RNS||Second Price Monitoring Extn|
|13Aug19 09:00||RNS||Price Monitoring Extension|
|09Aug19 16:40||RNS||Second Price Monitoring Extn|
Following continued delays of a Brexit agreement, few sectors within the UK market have remained attractive to investors despite low valuations. One sector which has continued to outperform despite the political drama has been the UK video gaming sector (henceforth UK gaming), which we are fans of. We believe a combination of sector-leading growth, strong cash conversion and timely cyclical positioning support our positive view on the UK video gaming sector.
Companies: ABBY AMS ANX ARS ATYM AVON BLVN PIER BUR CGS CAML CDM CSRT TIDE CYAN DTG DEMG ELM EMR FPO FDEV GTLY GENL GHH GRI GEEC GKP HMI HAYD HEAD HILS HTG HUR IBPO IOG INDI JHD JOG KAPE KEYS KWS KCT KGH LAM LIT LOK MACF MANO MOD OXIG PCA PANR PARK ESRE PHC PMO RBW RMM RBGP REDD RSW RNO ROR SUS SCPA SEN SHG SOLG SOM SUMO TM17 INCE TWD TRAK TRI VNET VTC ZOO ZTF
Gfinity plc* (GFIN.L, 3.625p/£18.2m) Finals: Strong FY19; major global growth opportunity (21.10.19) | Shearwater Group plc (SWG.L, 228p/£50.4m) Meeting with management: Buy and build cybersecurity play (15.10.19) |
Companies: Gfinity Shearwater Group
Government bans on new fossil fueled vehicles in many major economies are likely to drive significant growth in electric vehicles (“EVs”) over the next twenty years. This will create growth in electricity demand from EV charging. The volume of energy to be supplied creates opportunities for both supply companies and generators and the provision of charge points is already creating a new industry. However, the timing of this demand puts pressure on local distribution infrastructure. While smart charging and vehicle to grid technology offer solutions, we believe these will only be partial given likely charging behaviour and as a result there will be demand for additional grid capacity and for other solutions. These other solutions include charger located storage and distributed generation.
Companies: CNA NG/ YU/ DRX GOOD RED SMS IKA AFC
Petropavlovsk PLC (LSE: POG) has released its Q3 trading update this morning. Overall the results show that the company remains on track to hit full year production targets of 450koz – 500koz with additional upside from processing of 3rd party concentrates. With POX operations now in full swing the company was able to deliver strong growth recording a 66% increase in total gold production to 136koz (YTD 368koz) of which 48koz were from the processing of refractory ore (18koz coming from third party sources). It is likely next quarter sales will be up again as the company continues to process higher grade third party concentrate and realise gold in circuit, on top of the existing supply (we were also impressed with the recovery rates at the POX plant which are stabilising at 95%).
Warren Buffett once said that as an investor, it is wise to be ‘fearful when others are greedy and greedy when others are fearful’. Fear is not in short supply right now.
Companies: OPM ALU ANCR BLV CONN CRC STU GATC HAT LEK MMH MCB MWE NXR NTBR NOG PAF PEG RFX SRC TEF TEG TPT VTU WYN XLM
Sylvania has reported FY19 results (June Y/E) of $6.37/sh versus expectations of $5.95/sh due to a lighter tax expense than assumed. They have entered into a binding agreement to sell Grasvally for R115m ($7.6m at current FX), which should be settled in the next eight months.
Companies: Sylvania Platinum
The Tolmount East well, 42/28d-14, in P1330, Block 42/28d (PMO 50%) in the UK Southern Gas Basin penetrated 241 ft of gas bearing high quality Leman sands with a net-to-gross ratio of 71%, porosity of 16% and gas saturation of 82%. The quality and thickness of reservoir sands encountered are at the upper end of expectations and no gas water contact was penetrated. The reservoir was encountered about 20 metres deeper than expected. The well was targeting 220 bcf of P50 gross resource that are now derisked. Project sanction is targeted for 2H20. The most likely development of Tolmount East will be through a 3 well unmanned platform tied back to Tolmount’s Main processing facilities. Market reaction: positive on potential reserves addition Our unrisked NAV for the well was £0.18/sh in the mid case.
Companies: Premier Oil
InfraStrata has made considerable progress over the past year along the road to commercialising its Islandmagee underground gas storage project in Northern Ireland. The key development has been the FEED (front end engineering and design) process. This was completed last November and de-risks the project technically. The stock is now a play on expeditiously financing the construction phase of the project. Significantly, UK government guaranteed debt financing looks like being available. The Islandmagee project has a sound rationale in terms of enhancing the security and flexibility of gas supplies in the island of Ireland. Gas storage tariffs in Europe have firmed of late from the depressed levels of recent years as the gas market has tightened and price volatility has increased. With a market capitalisation of £12.9m, InfraStrata is valued at a substantial discount to our valuation of £56m. (Peter Dupont)
This morning, Trinity released in H1/19 interim results, delivering another strong performance as the Company continues to increase base production whilst maintaining effective cost controls. Production averaged 3,008bopd for H1/19, up 9% year-on-year (YoY), generating revenues of US$32.2m on an average realised oil price of US$59.1/bbl. The Company's financial performance was impressive, with adjusted EBITDA increasing by 20% YoY to US$11.2m, facilitating a cash plus working surplus of US$22.0m at 30th June 2019. Post period, as part of Company's H2/19 drilling campaign, the Company has drilled three wells, including the Company's first High Angle Well (HAW), which successfully intersected net oil reservoir sandstone 1.5x the thickness of a conventional vertical well was prognosed to deliver on this target. The H2/19 programme will include up to eight new onshore infill wells, with drilling expected to increase base level production into 2020. We reiterate our BUY recommendation given today's strong financial and operational results.
Companies: Trinity Exploration & Production
Yesterday Sirius has announced the cancellation of its Stage 2 financing plans and the implementation of a strategic review after it failed to issue the $500m high yield bond required to unlock the full financing package. What matters for shareholder returns from here is the structure of any future financing solution and its likelihood of success.
Companies: Sirius Minerals
Petro Matad has announced results from Gazelle-1, the final well in its three-well drilling campaign in Block XX, Eastern Mongolia. The well did not encounter hydrocarbons in the Lower Tsagaantsav objective and found a thin good quality pay zone in the Upper Tsagaantsav. We valued Gazelle at 1.4p/share (out of our total 20.1p RENAV for Petro Matad). The company’s operational focus will now switch to testing the successful Heron-1 well, which established a 77m gross oil-bearing interval in a structure that has proven productive in the adjacent Block XIX.
Companies: Petro Matad
3Q19 WI production was 39,619 boe/d (GMP FEe: 41.3 mboe/d) including 31,578 boe/d in Colombia (GMP FEe: 32.2 mboe/d), 2,299 boe/d in Brazil (GMP FEe: 2.7 mboe/d), 3,358boe/d in Chile (GMP FEe: 3.8 mboe/d) and 2,384 boe/d in Argentina (GMP FEe: 2.4 mboe/d). The Guaco 1 exploration well in the Llanos 34 block (GPRK op, 45% WI) that was tested at up to c.960 bbl/d of 24.6 degrees API oil in September is now producing at a stabilized rate of 600 bbl/d with less than 1% water cut. Five new wells were tested and put on production, currently adding above 3,000 bbl/d gross, including Tigana Sur 8, Tigana Sur 14, Jacana 28, Jacana 29 and Jacana 51.
The fourth and shallowest zone at Inanli-1 was tested at a flow rate of 0.306 mmcf/d averaged over a period of ten days from a 37.6 m gross section. The rate for the final 24 hours of flow was 0.171 mmcf/d. The condensate yield was 23 bbl/mmcf over the total flowing period, but this was increasing over the course of the test and during the final 24 hours the rate was 97 bbl/mmcf. Water recovery was 98 bbl/d over the final 24 hours of flow and was declining. The flow results of the fourth test were similar to the results of the third test.
Companies: Valeura Energy
Earlier this month Obtala Limited (OBT LN)# announced a Q4 operational update, which confirmed FY 2017 timber volumes were largely in-line with our expectations and key capex items were progressing as scheduled. This morning, OBT has also announced the completion of a series of financing rounds that will provide cUS$7.5m in equity for the group’s expansion plans.