Orea Mining Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Robert F. Giustra
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1090 Hamilton Street Vancouver BC Canada V6B 2R9
- IPO Date
- Jan 8, 2007
- Website
- oreamining.com
- Similar Companies
- Business
- Orea Mining Corp. (TSX: OREA; OTCQB: OREAF) engages in the acquisition, exploration and development of mineral properties focused on gold deposits in French Guiana and Suriname; its principal assets include a 44.9% interest in the Montagne d'Or gold project, which hosts NI 43-101 proven and probable reserves of 2.75 million ounces of gold across 54.11 million tonnes grading 1.58 grams per tonne and offers projected average annual production of 237,000 ounces over the first 10 years at an all-in sustaining cost of US$749 per ounce through open-pit mining; a 70% interest in the Maripa gold exploration project covering approximately 120 square kilometres in eastern French Guiana with high-grade drill intercepts such as 10.37 grams per tonne gold over 9.2 metres; and an option to acquire up to a 75% interest in the 200-square-kilometre Antino gold exploration project in Suriname, located 275 kilometres southeast of Paramaribo. The Vancouver-based company, founded in 2003 and formerly known as Columbus Gold Corp. until its name change in June 2020, operates primarily in the prospective Guiana Shield region of South America with additional historical interests in France and Nevada, USA, targeting institutional investors and mining partners in the gold sector. In recent developments, Orea terminated its amended agreement to acquire Nordgold's interest in Montagne d'Or in November 2023 due to international sanctions against the joint venture partner; announced executive resignations and a corporate wind-up in February 2024; entered bankruptcy proceedings on April 17, 2024, with Crowe MacKay & Company Ltd. appointed as trustee; and faced permanent delisting from the Toronto Stock Exchange and OTCQB alongside termination of transfer agent and clearing services as of May 2024.
Orea Mining Assigned Into Bankruptcy; Trustee Appointed
Orea Update on Management Cease Trade Order
Orea Provides Update on Management Cease Trade Order
Orea Terminates Acquisition of Additional Interest in Montagne d'Or Project
Orea Update on Renewal of Montagne d'Or Concessions; French Supreme Court Sends Ruling Back to Court of Appeals
Québec Nickel views grade as core of business plan to supply vital metals to the clean energy sector
Orea Provides Update on Appeal Status of Montagne d'Or Gold Deposit Mining Titles
Orea Provides Update on Acquisition of Gold Project in Suriname
Orea Provides Update on the Renewal Status of the Montagne d'Or Gold Deposit Concessions
Orea Announces New Montagne d'Or Project Design with Significantly Reduced Environmental Impact
Orea Mining wins lawsuit against French gov't
Orea JV Wins Lawsuit Against French Government on its 5 Million Oz* Montagne d'Or Gold Deposit
Orea Provides Update on the Renewal Status of the Montagne d'Or Mining Concessions
Orea Announces Voting Results of its Annual General and Special Meeting
Orea Terminates Letter of Intent to Acquire Colombia Project
Orea Reports that French Government has Announced Appeal of Court Decision to Renew the Montagne d'Or Mining Concessions
Orea Completes 8 Drill Holes at the Maripa Gold Project, French Guiana, France
Orea Announces Closing of Oversubscribed Non-Brokered Private Placement
Orea Signs Binding LOI to Acquire Extensive Gold Assets in Colombia