Northwire Canada EditionSaturday, July 18, 2026
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AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Production / Operations Routine +

ORVANA ANNOUNCES FIRST DORE BAR FROM DON MARIO PLANT RESTART

Orvana hits operational milestone in Bolivia as Don Mario restart enters final de-risking phase

By The Northwire Desk — AI Analysis Mar 10, 2026 · 18:00 ORV · 2.01 Orvana Minerals Corp.
Executive Summary

The most recent news (March 10, 2026) announces the production of the first doré bar from the Don Mario plant restart in Bolivia. This confirms the successful refurbishment and performance verification of the Gold-Silver (Au-Ag) circuit, including the comminution, thickening, desorption, and smelting areas. The company is now moving toward the completion of the Copper (Cu) circuits. Processing of the primary value driver—the oxide stockpiles—is scheduled to begin in Q3 FY2026, with a target of reaching full operating capacity by Q4 FY2026 (July–September 2026).

Material Impact

The impact is Routine - Positive. While the first gold pour is a significant psychological and operational milestone, it was explicitly forecasted in the February 11, 2026, guidance (which predicted production in the "second half of February 2026"). - Operational Validation: It proves the legacy infrastructure is functional after being suspended since 2020. - Cash Flow Timing: The news confirms the company is on track to meet its FY2026 Bolivia guidance (13k–14k oz Gold). - Risk Reduction: It partially de-risks the $58M Oxides Stockpile Project (OSP), though the more complex Copper solvent extraction and electrowinning (SX-EW) circuits remain in the commissioning phase. - Market Context: Achieving this during a period of strong gold/silver prices improves the immediate economics of the "legacy sulfide" ore currently being processed during the ramp-up.

ORV · Price
Company Overview

Orvana is a multi-jurisdictional producer with three main pillars: - Orovalle (Spain): The current cash-flow engine. An underground Gold-Copper-Silver operation. It is currently undergoing a reorganization to blend ore from the El Valle and Carlés mines to stabilize grades. - Don Mario (Bolivia - Flagship): A past-producing mine being restarted via the Oxides Stockpile Project. This is the company's primary growth catalyst, intended to nearly double consolidated gold production. - Taguas (Argentina): A high-potential exploration project being repositioned from a small oxide resource to a large-scale copper-gold porphyry target.

Read the original news release →

More from Orvana Minerals Corp.

Jul 16, 2026 · 06:30

Orvana’s oxide restart at the Epima project nears completion despite Bolivia disruptions that have led to a cut in FY2026 guidance.

Production / Operations Jul 07, 2026 · 06:30

Orvana’s Don Mario oxide processing is set to resume in mid-July following the resolution of a Bolivian roadblock, re-engaging the ramp-up catalyst.

Production / Operations Jul 02, 2026 · 18:00

Orvana’s second Taguas deep hole confirms a porphyry-epithermal trend, though bulk grades remain sub-economic.

Drill Results Jun 29, 2026 · 18:00

Orvana’s acquisition of the Taguas project secures optionality despite near-term execution challenges from Bolivian logistics and Spanish litigation.

M&A / Property May 27, 2026 · 06:30

Orvana Drill Results Confirm Porphyry Potential Amidst Bolivia Operational Headwinds

Drill Results May 25, 2026 · 19:30

Orvana Oxide Restart Delayed by Bolivia Unrest; Cash Position Remains Strong

Production / Operations