Orosur Mining Climbs As It Receives Payment From Partner Newmont

(Alliance News) - Shares in Orosur Mining Inc rose Thursday as the firm received a payment as ...

Alliance News 7 November, 2019 | 1:24PM
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(Alliance News) - Shares in Orosur Mining Inc rose Thursday as the firm received a payment as part of its earn-in with Newmont GoldCorp in Colombia.

The stock was 12% higher on Thursday afternoon in London at a price of 3.20 pence each.

Newmont has paid Orosur USD690,000, as part of the joint venture agreement the two have at the Anza gold project in the South American nation.

Canadian gold explorer Orosur started further exploration work at Anza in July this year, after discovering a "broad" zone of gold mineralisation in 2018.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Orosur Mining Inc 4.20 GBX 0.00 -
Orosur Mining Inc 0.08 CAD 6.67 -

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