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Orion Minerals Limited ( (AU:ORN) ) has provided an update.
Orion Minerals Limited announced an updated Mineral Resource estimate for the Prieska Copper Zinc Mine, reflecting improved copper grades and a refined geological understanding. The update, based on 2023 drilling and trial mining data, indicates a 16% increase in copper grade, enhancing the mine’s commercial viability and positioning Orion favorably in the mining sector.
More about Orion Minerals Limited
Orion Minerals Limited is an Australian company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with copper and zinc, with significant operations at the Prieska Copper Zinc Mine in South Africa.
YTD Price Performance: -20.0%
Average Trading Volume: 243,479
Technical Sentiment Signal: Sell
Current Market Cap: A$109.6M
Learn more about ORN stock on TipRanks’ Stock Analysis page.