Ormond Mining chairman Mike Donoghue speaking at the company’s AGM in Dublin earlier this year. Photograph: David Sleator/Irish Times

Irish-listed exploration firm Ormonde Mining has reported a pre-tax loss of €1.6 million for 2014, compared with a loss of €1.8 million for the prece(...)

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 Mining chairman Mike Donoghue managing director   Kerr Anderson said the board does not believe  the Almonty proposal is credible.

The chief executive of Almonty Industries, which is proposing to bid €27 million for Dublin-listed Ormonde Mining, says his company has the resources (...)

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(...)

Oaktree Capital has secured planning approval to develop offices and apartments in Dublin’s docklands. South Docks Fund will build 42,500 square metre(...)

Elton John at Caesars Palace, Las Vegas: Caesars Entertainment last month announced an agreement  to  cut its debt to $8.6bn from about $18.4bn. Photograph: Ethan Miller/Getty Images

Lower-ranking creditors of Caesars Entertainment moved to force the casino company’s main operating unit into bankruptcy in an attempt to block a plan(...)

Permanent TSB has confirmed the sale of its Springboard subprime mortgage book of about 2,200 mortgages to Mars Capital Ireland for an undisclosed sum(...)

Permanent TSB: an announcement on the deal is expected later this week. Photograph: Aidan Crawley/Bloomberg/Getty Images

  Permanent TSB is believed to have agreed the sale of its Springboard subprime mortgage book to Mars Capital Ireland, a British business (...)

Private equity is reportedly bidding up the price of housing development land in Dublin. Photograph: Frank Miller

Big international private equity companies, such as Anchorage, Oaktree Capital and Centerbridge, are betting on a continuation of house-price rises(...)

Nearly two-thirds of a portfolio of mortgages being sold by the liquidators of IBRC has been purchased by two US hedge funds. The Project(...)

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