Orvana Minerals Corp (ORVMF) is a mining and exploration company focused on gold, copper, and silver assets in Europe and South America. Public communications describe Orvana as a growing producer and developer, with a producing mine in Spain, a near-term development project in Bolivia, and an exploration property in Argentina's Andean belt. These characteristics shape the type of news and updates that tend to be associated with the company.
On this page, readers can follow news that reflects Orvana’s progress across production, development, and exploration. Updates may cover operational performance at its producing mine in Spain, milestones or technical studies related to the near-term development project in Bolivia, and exploration activities or drilling results at the Argentine property in the Andean belt, where disclosed in public releases.
Because Orvana emphasizes multi-asset leverage to rising precious metal prices and strong exploration upside, news items often highlight how its gold, copper, and silver projects evolve over time. Coverage can include corporate presentations, interviews, or video features that explain the company’s asset base and growth focus, as seen in media segments describing Orvana as a gold production company with a growth strategy.
Investors and observers who follow mining issuers may use this news feed to track Orvana’s disclosed developments across its European and South American projects. Returning to this page allows users to see how the company communicates its progress on production, project advancement, and exploration in gold, copper, and silver over time.
Orvana Minerals (ORVMF) reported gold and copper exploration results from its El Valle and Carlés deposits in Spain for H2 FY2026. The period ended September 30, 2026, with 7,734 metres across 53 drill holes. Breccia East hole 26BX1094 returned 4.17 metres at 39.85 grams of gold per tonne and 0.34% copper, including 1.33 metres at 116.41 grams of gold per tonne. Hole 26BX1118 returned 15.08 metres at 10.68 grams of gold per tonne and 0.27% copper. These intervals represent approximate true widths.
Orvana interprets Breccia East drilling as indicating mineralization remains open at depth, warranting further evaluation. Area 208 and Boinás East also returned gold-copper intervals. At Carlés Northwest, 1,197 metres targeted the northeastern extension between the -35 and +50 levels. The programs aim to support future mineral resource updates; some assays remain pending.
Orvana Minerals (ORVMF) reported fiscal 2026 gold production of 37,775 ounces at Spain’s Orovalle operation, exceeding its annual guidance. Output was approximately 2% above the 37,000-ounce upper limit; copper production of 2.9 million pounds met guidance. Consolidated annual production totaled 45,160 gold equivalent ounces, a measure combining gold with copper and silver converted at stated metal prices.
Bolivia’s expanded Don Mario plant produced its first gold doré bars and copper cathodes in Q4. EMIPA’s annual output fell below guidance withdrawn on September 17, following processing delays, lower throughput and recoveries below plan. Quarterly oxide throughput rose each month, reaching 11,160 tonnes in September. EMIPA expects to reach approximately 1,700 tonnes per day by calendar year-end 2026. Acid leaching and filtration remain optimization priorities, while Spain faces workforce challenges and inflationary cost pressures.
Orvana Minerals (ORVMF) announced that its Bolivian subsidiary EMIPA amended its secured prepayment facility with Trafigura, extending final maturity by six months.
The US$25 million facility, first announced on November 6, 2025, now matures in June 2027 rather than December 2026. Orvana said the extension better aligns the repayment schedule with the production ramp-up profile of the Don Mario Oxides Stockpile Project.
Orvana Minerals (ORVMF) outlined a three-tiered FY2027 exploration program for its Taguas Project in San Juan, Argentina, with a preliminary budget of approximately US$15 million.
The program targets: deeper geological understanding of the Taguas property, oxide-resource infill drilling to upgrade portions of current inferred resources, and integration of historical data from the newly acquired Evelina property. Plans include expanded Magnetotelluric and Induced Polarization geophysical surveys and about 19,500 metres of drilling, split between 10,000 metres of oxide infill drilling at Cerros Taguas and 9,500 metres of deep drilling to test an interpreted porphyry copper-gold system at depths beyond 1.5 km. Orvana has selected principal service providers and is advancing contracts and permits, but cautions the scope, timing and budget are preliminary and contingent on permits, services, market conditions and funding.
Orvana Minerals (ORVMF) reports that its Bolivian subsidiary EMIPA has produced the first copper cathodes from processing oxide stockpiles at the Don Mario site, marking the second and final metal recovery circuit of the Oxides Stockpile Project (OSP) to reach operational production.
Management highlights that the expanded Don Mario plant is now producing both copper cathodes and gold-silver doré from the same oxide ore. Current focus is on improving mechanical reliability and operational stability to support a targeted average processing rate of about 1,700 tonnes per day. Due to a slower-than-anticipated ramp-up, fiscal 2026 production is now expected to fall below prior guidance, and EMIPA’s fiscal 2026 production guidance has been withdrawn. An additional operational update is expected in mid-October 2026.
Orvana Minerals (ORVMF) reported first production of a gold-silver doré bar from oxide stockpiles at its Don Mario site in Bolivia.
The bar was produced by subsidiary EMIPA using the expanded Don Mario Processing Plant, with metallurgical performance described as in line with design and engineering assumptions. The Oxides Stockpile Project includes a large expansion to enable copper cathode production and an upgraded gold-silver ADR circuit. The company is ramping up toward full commercial production of gold-silver doré and copper cathodes, with 2026 output dependent on ramp-up progress and plant stabilization.
Orvana Minerals (OTCQX: ORVMF) reported Q3 FY2026 results and operational updates for Bolivia, Spain and Argentina. Revenue was $45.7 million, down from $54.4 million in Q2 but above $27.0 million a year earlier. Net income was $18.5 million (basic/diluted EPS $0.14) versus a loss of $2.2 million in Q3 FY2025. EBITDA reached $24.0 million, while free cash flow was slightly negative at -$0.6 million; ending cash was $32.6 million.
At Don Mario in Bolivia, all major Oxides Stockpile Project circuits have been commissioned and are in commercial production ramp-up, with a goal of stable commercial production in September 2026, subject to performance and market conditions. Civil unrest caused 60–90 day delays, leading EMIPA to cut FY2026 gold guidance to 4,200–4,700 oz and copper guidance to 1.9–2.1 million lbs, down from 13,000–14,000 oz and 6.7–7.5 million lbs.
In Spain, Orovalle produced 10,833 GEO in Q3, up 10% quarter-over-quarter, and remains on track to meet FY2026 guidance. In Argentina, Orvana drilled 2,173.7 metres at Taguas and acquired the Evelina property, expanding the project area by about 123%.
Orvana Minerals (OTCQX: ORVMF) reported that its Bolivian subsidiary EMIPA has filed unaudited Q3 FY2026 financial statements, prepared under Bolivian GAAP, with Bolivia's regulator ASFI as required for registered bond issuers. The results reflect the late-June shift in Bolivia's official exchange rate from Bs. 6.96 to Bs. 9.73 per U.S. dollar and delays in the Oxides Stockpile Project start-up due to social unrest and road blockages. According to the company, these factors contributed to EMIPA failing to meet its Debt Coverage, Third-Party Debt Coverage and Leverage covenant ratios as of June 30, 2026, triggering a cure period during which an action plan is being developed and discussed with bondholders.
Orvana Minerals (OTCQX: ORVMF) reported Q3 FY2026 production of 10,833 gold equivalent ounces (GEO), all from its Orovalle mine in Spain, including 9,656 gold ounces, 0.64 million pounds of copper and 19,487 silver ounces. Orovalle milled 131,244 tonnes, with gold grade of 2.49 g/t and 91.9% recovery, and copper grade of 0.32% with 69.7% recovery. Copper output declined 17% quarter-over-quarter, while gold production increased 14% driven by higher head grades.
In Bolivia, logistics disruptions delayed the Oxides Stockpile Project ramp-up, leaving EMIPA with no Q3 production after processing 47,387 tonnes in Q2. Orvana completed all preparations in July 2026 and expects to start feeding oxide ore shortly. Orovalle remains on track to meet FY2026 gold guidance of 34,000–37,000 ounces, while revised EMIPA guidance is expected with mid-August 2026 MD&A.
Orvana Minerals (OTCQX: ORVMF) reported that logistics disruptions in Bolivia have largely been resolved, with road blockades cleared and transportation returning to normal. Critical materials for the Don Mario Oxide Stockpile Project are now on site, and oxide ore processing start-up is expected to begin in mid-July 2026. Revised guidance for EMIPA's operations is anticipated in the June 30, 2026 MD&A, targeted for mid-August 2026.