Ormonde chairman Mike Donoghue  welcomed the result. “We can now move forward with a comprehensive funding package into the development of Barruecopardo as an important tungsten mining operation,” he said.

US fund Oaktree Capital is poised to take a majority stake in Ormonde’s Spanish tungsten mine after shareholders in the Irish-listed company voted ove(...)

Ormonde’s tungsten mine at Barruecopardo, near Salamanca, in western Spain.

Tungsten alloys can be used in artillery shells, grenades and missiles. While there are no actual weapons involved, the metal is at the centre of a ba(...)

Ormonde has secured funding for its Salamanca tungsten prospect after agreeing a deal that will see US investment house Oaktree get a 70 per cent interest in the mine in return for €90.4 million. Photograph: Bloomberg

Ormonde Mining has secured funding for its Barruecopardo tungsten prospect in Salamanca. US investment group Oaktree has agreed to provide $99.7 milli(...)

Kerr Anderson, managing director of Ormonde Mining plc. Photograph: David Sleator

Ormonde Mining has appointed Swedbank Norway to advise on its €50 million financing proposals for its tungsten mine in western Spain. The Dublin-liste(...)

The Irish Takeover Panel (ITP) has set a deadline for Canada’s Almonty Industries to make a formal offer for Irish exploration group Ormonde Mining. T(...)

Irish construction firm CRH indicated that it may sell further assets. Photograph: Alan Betson

European stocks declined from a five-year high as investors weighed corporate earnings and China‘s pledge to boost the role of markets in economic gro(...)

In its interim results for the six months to June 30th released this morning Ormonde Mining, the Dublin-listed development and exploration company, to(...)

The directors of Ormonde slated Almonty’s proposal as being “speculative, opportunistic and lacking in both strategic and economic merit” for shareholders.

Shares in Irish exploration group Ormonde Mining soared 23.5 per cent on the London Stock Exchange yesterday following an unsolicited takeover approac(...)