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Ormonde Mining plc
ormondemining.com/
Ormonde Mining Plc is an AIM & ESM listed mineral resource company which is developing mining projects and carrying out exploration in Spain.
Ormonde's key activities:
The Barruecopardo Tungsten Project - Ormonde aims to develop a world class low cost mining operation at Barruecopardo to produce ~12% of non-Chinese annual global mine production from mid 2013;
The La Zarza Copper-Gold Project - Joint Venture with Antofagasta Minerals - a large “massive sulphide” deposit with significant copper, gold and zinc resources; exploration for an enlargement to the copper resource is being funded by Antofagasta.
Gold exploration in several highly prospective areas of western Spain
Ormonde Mining plc News
Archive17/05/13
Ormonde Mining's La Zarza sale hits snag18/04/13
Ormonde Mining aims to maintain Barruecopardo momentum11/04/13
Ormonde Mining encouraged by public response to BarruecopardoLON:ORM13/03/13
Ormonde Mining may be dealing with several gold structures at Peralonso26/02/13
Ormonde Mining's shrewd copper deal could bring in €5mln
Presentations & Company Media
No documents available.
Related Research & Media
No documents available.
Company Statement:
The name Ormonde Mining was derived in 1996 when the company was based in Kilkenny, Ireland. Kilkenny, the only inland city in Ireland and the capital of Ireland for the Gaelic-Norman side during the Confederation - Parliamentarian wars of 1641-1653, was the seat of the Butlers, the Earls of Ormonde and the company name was taken from this head office location.
Ormonde was one of the three kingdoms of Munster, as is depicted by the three crowns on the coat-of-arms of Munster (as shown on the Munster Rugby Club coat-of-arms), the other kingdoms being Desmond and Thomond (as in Thomond Park). These three names, Desmond, Thomond and Ormonde are anglicisations of the Gaelic names, Deas Mhuman, Tuadh Mhuman and Urh Mhuma, which translate, respectively, as South Munster, North Munster and East Munster. Deas Mhuman (Desmond) was originally the kingdom of the MacCarthys, while Tuadh Mhuman (Thomond) was the seat of the O’Brien’s, both kingdoms eventually being subsumed into the Earldom of Desmond , (the seat of the Fitzgerald’s), and the Earldom of Ormonde, (the seat of the Butler’s).
Consequently a direct translation of Ormonde Mining Plc would be “East Munster Mining Plc”.
In completing the background it should be noted that the name Munster derives from a pre-Christian goddess, Muma. The full English name incorporates the original Gaelic, together with the Norman suffix "-ster", which is related to the modern French terre, meaning "land".
Current Operations:
Barruecopardo Tungsten Project
Ormonde’s 100% owned Barruecopardo Tungsten Project in western Spain is one of the premier undeveloped tungsten projects in the World. Production is planned for late 2012, to initially produce ~ 8% of non-Chinese global mine production. Operations to be expanded post start-up to become a major long life mine. For more information please click here
La Zarza Project
La Zarza is a large “massive sulphide” deposit containing significant copper, gold and zinc resources, located in the Iberian Pyrite Belt mining district of southwest Spain. An expanded exploration programme targeted at defining a large copper resource is being funded through a Joint Venture with major copper producer Antofagasta Minerals S.A. For more information please click here
Salamanca & Zamora Gold Exploration
Ormonde considers the Salamanca-Zamora area to be one of the most prospective gold terrains in Spain and is exploring this region for gold mineralisation associated with granites intruded into a variable sequence of meta-sediments. Ormonde's permits cover mineral prospects and occurrences with potential for high-grade vein-hosted and large, bulk tonnage low-grade deposits. For more information please click here
Management
Kerr Anderson
A geologist by profession, Kerr has worked in the mining and exploration industry in Europe for over 20
years. He has worked extensively in Spain on gold and base-metal projects. He was exploration manager with
Navan Mining plc prior to joining Ormonde as Managing Director in May 2001.
John is a chartered secretary with over 30 years experience including seven years as a manager with
KPMG in the Investment Company Department. He has widespread business contacts in Ireland and significant
experience in the resource sector. He was appointed Company Secretary in March 2005. John is on the Audit
Committee and the Remuneration Committee.
A mining engineer by profession, Mike has wide experience in the evaluation, funding, development
and operation of mines in Europe, Africa, South-East Asia, Australia and the Americas. His executive management
experience includes an eight-year period as General Manager - Operations for Delta Gold NL, Australia. Mike
was appointed Chairman of Ormonde in April 2004. He is on the Audit Committee and the Remuneration Committee.
Steve is a mining engineer with some 25 years experience in the mining industry, initially in operations
and subsequently in mine evaluation and development projects. He has held production supervisory roles in various
underground and open pit mines in Australia and Europe, culminating in a two year period as Managing Director of
an Italian based gold mining and exploration operation. Prior to joining Ormonde, Steve had been operating as an
independent consultant working on gold and base metal mine evaluation projects in Romania, Greece, Italy,
Guinea, Kazakhstan, Canada and the Congo. Steve was appointed to the Board in April 2008.
David is an experienced Chartered Accountant & Head of Finance with in-depth knowledge of financial
management. Between 1997 and 2001 he was Chief Financial Officer & Company Secretary at MV Technology (MVT).
Prior to MVT, he was Group Financial Controller and Company Secretary with Navan Resources plc during its
formative years when it developed and operated mines in Bulgaria, Spain and Hungary.
Major Shareholders
The Company has been informed that, in addition to the interests of the Directors (see below), the following shareholders own 3% or more in the issued share capital of the Company as at 17/09/2012. See News for any recent changes.
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Information taken from Company website 14.01.2013
Contact Information
Ormonde House
9 Abbey House
Main Street
Clonee
County Meath
Ireland
Tel: +353 (0)1 8253570
Fax: +353 (0)1 8015906
Website: www.ormondemining.com
Email: info@ormondemining.com
Investor relations contact: Paul Carroll
Corporate Information
Brokers
NOMAD, IEX Adviser & Broker
Davy
Davy House
49 Dawson Street
Dublin 2
Ireland
Registrars
Computershare Investor Services (Ireland) Ltd
Heron House
Corrig Road
Sandyford Industrial Estate
Dublin 18
Ireland
Auditors
LHM Casey McGrath
Chartered Certified Accountants and Registered Auditors
6 Northbrook Road
Dublin 6
Ireland
Financial PR
Murray Consultants
Latin Hall
Golden Lane
Dublin 8
Ireland
Bankside Consultants
6 Middle Street
London
EC1A 7PH
UK
Solicitors
Mason Hayes & Curran Solicitors
South Bank House
Barrow Street
Dublin 4
Ireland
Crowe Horwath Legal y Tributario
José Abascal 44, 6º dcha.
28003 Madrid
Spain
Dominic Dowling Solicitors
37 Castle Street
Dalkey
Co. Dublin
Ireland
Bankers
Allied Irish Banks plc
Market Square
Navan
County Meath
Ireland
Banco de Castilla
Agencia Urbana, No. 14
Avda. Portugal, 117-121
37006 Salamanca
Spain
La Caxia
Centro de Empresas de Salamanca
C. Rector Lucena, 11 B
37002 Salamanca
Spain
