• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Critical Metals Market
    Critical Metals News
    Critical Metals Stocks
    • Critical Metals Market
    • Critical Metals News
    • Critical Metals Stocks
    tungsten investing

    Ormonde Provides Update for Salamanca Tungsten Project

    Georgia Williams
    Sep. 13, 2018 06:26AM PST
    Critical Metals

    The company is currently focused on developing its tungsten and gold projects. 

    Exploration company Ormonde Mining (LSE:ORM) has released an update on the Barruecopardo tungsten project in Salamanca, Spain, where construction is well-advanced and commissioning activities have commenced.

    The company is currently focused on developing its tungsten and gold projects.

    As quoted from the press release:

    Key progress updates include:

    • The project team achieved a major milestone during August with the commencement of commissioning of the turnkey crush and screen plant, the first trial of waste rock through the primary crusher having been successfully carried out;
    • The construction of the rest of the crush and screen circuit is complete, and installation of the associated electrical circuitry is presently in progress and due for completion by the second half of September;
    • Initial commissioning of the water treatment plant has also been carried out, and will continue on the imminent completion of the water management system pipework and pump installation to feed water from the old open pit;
    • The installation of major equipment and structures at the process plant is also well-advanced;
    • Process plant commissioning is now expected to commence at the start of December, a number of weeks later than originally envisaged; plant commissioning is then expected to run through into January 2019, with first production of tungsten concentrates from the beginning of February;
    • Projected construction costs remain within the project’s construction budget of €53.6 million;

    “It is very pleasing to have achieved another major project milestone during the quarter, with the on-target commencement of commissioning of the crush and screen plant and the water treatment plant, taking the project into its mine commissioning phase. This major advancement accompanied progress on the construction of the process plant where most of the major equipment has been installed and structural works are well advanced,” said Michael Donoghue, Ormonde’s chairman and interim managing director.

    “The commissioning of the process plant is now due to commence in early December, slightly later than originally planned, with first tungsten expected to be produced from early February 2019, to commence a new secure supply to the global markets.”

    Click here to read the full press release

    ormonde miningtungsten investinglse:orm
    The Conversation (0)
    Go Deeper
    AI Powered
    Allied Critical Metals (CSE:ACM)

    Allied Critical Metals

    EQ Resources

    EQR Acquires Leading European Tungsten Producer, Saloro S.L.U., And Secures $25 Million Investment By Oaktree

    Latest News

    Allied Critical Metals Announces $4 Million Strategic Non-Brokered Private Placement

    Allied Critical Metals Launches Allied USA to Expand Tungsten Import and Distribution Operations, Lists on OTCQB, and Receives DTC Eligibility

    Scoping Study Delivers Robust Economics and Upside Potential

    HyProMag USA Enters Into Agreement with Global Electronics Recycler, Intelligent Lifecycle Solutions, for Feedstock Supply and Pre-Processing Site Share in South Carolina and Nevada

    Advances Halleck Creek Demonstration Plant-$15 placement

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Critical Metals Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×