Fabulous increase in value......EK has been tipping this one....for some time now.

Bought some @ 14.50p

MMs size is very small so one has to be carefull
some reasons why:
Gold rising and share price also since yesterday. Undervalued stock, they have cash in the bank $5.4M and now are profitable The switch to underground production at its San Gregorio mine has gone smoothly was on the last RNS

24 January 2017 - "Broker slaps big price upgrade on Orosur Mining

Cantor Fitzgerald have today increased their target price to 44p (from 32p):

http ://www.proactiveinvestors.co.uk/companies/news/172106/broker-slaps-big-price-upgrade-on-orosur-mining-172106.html

A new price target from Cantor Fitzgerald points to potential upside of over 150% at Uruguay-based gold miner Orosur Mining International PLC (LON:OMI TSE:OMI).

Orosur runs San Gregorio, the country’s only gold mine and is making significant progress towards defining new deposits and reserves close to its existing operations argues the house broker.

“We note a new determination on the part of the company in replacing reserve at its operations in Uruguay where exploration is underway on extensions to the new SGW underground workings and at nearby open pit targets.”

In addition, it has recently made a commitment to drilling its Anzá project in Colombia which should lead to a maiden resource estimate.

At San Gregorio, Cantor said it has been impressed by the smooth transition from the underground workings at Arenal to SGW (west).

The miner has reiterated its production and cost guidance for 2017 at 35-40,000oz and US$800-900/oz respectively, but Cantor is going for 36,600oz, leaving the company with 19,800 oz to produce in the second half or 18% more than in the first six months.

“As the new SGW mine stabilises during the period and open pit production is maintained, we believe this target should be comfortable.” The broker's estimate for cash costs has also been trimmed by 3.5% to US$816/oz.

“Based on our revised estimates and current peer group multiples our US dollar valuation for OMI rises by 13% to US$54m (C$0.73/share) but at current exchange rates the sterling target price rises by 36% to 44p.” Buy is the investment view.

Shares in London rose 1.5% to 16.75p. The miner is also listed in Canada."

Capital Structure Summary (As at 30 November, 2016):

Basic Shares Outstanding 99,951,404
Options 8,234,092
Warrants 0
Fully Diluted Shares Outstanding 108,185,496

The percentage of shares deemed to be non-public is 1.18%. Orosur holds no shares in treasury.
Major shareholders are those with shareholdings of 3% or more:

Major Shareholdings: (As at 29 June, 2016)
___Investor_______________ Shares_____ % Holding

TD Bank Financial Group__ 9,485,953____9.50%
Paul Stephens_________ 8,583,125____8.59%
Barclays Bank___4,665,782___4.67%
Canadian Imperial Bank of Commerce__4,364,272__4.37%
Fidelity Management & Research___3,609,500___3.61%
Hargreaves Lansdown PLC___3,577,572___ 3.58%
Private Holder (India)___3,465,024___3.46%
WH Ireland___3,237,065____3.24%
Patria Direct___3,184,170___3.19%

14.375p +0.625p (+4.55%)

Bid has gone better as the volume is close to the best of the last 3 month

Volume and rising is bullish

14.875p +0.375p (+2.59%)

Marked up as the day goes on, though no trades so far on the LSE ticker, but they are at NEX exchange

WINS has gone up on the bid 14.75p, there was plenty of Buying trades yesterday (all) till the end of the day

Gold has been going up again this morning $1247.20 +$3

Trades at NEX ....Http://www.nexexchange.com/member?securityid=102713

14.25p +0.125p

Cantor reiterate their 44p target price: - 03 Apr 2017 - 15:52

http://www.proactiveinvestors.co.uk/companies/news/175865/gold-production-up-as-orosur-switches-underground

"Gold production up as Orosur switches underground

So far this year Orosur has generated US$8.7mln in spare cash

Orosur Mining Inc (CVE:OMI LON:OMI) has seen full a full quarter of production at the new San Gregorio West underground site in Uruguay.

Around 60% of the 7,800oz produced in the three months to February came from the SGW operation.

A lower gold price clipped after tax profits to US$363,000 (US$3.07mln) but house broker Cantor noted that cashflow rose in the quarter.

So far this year Orosur has generated US$8.7mln in spare cash while profits year-to-date have risen to US$4.1mln (US$480,000).

The junior expects production of between 35-40koz of gold for the full year at cash costs of between US$800-900/oz, which implies a sharp pick-up in output in the fourth quarter said Cantor.

The broker’s target price remains 44p compared to 14.125p, up 1.6%, today."

Cantor Fitzgerald today reaffirms its buy investment rating on Orosur Mining Inc (LON:OMI) and cut its price target to 41p (from 44p).

Cantor Fitzgerald today (15/08/17) reaffirms its buy investment rating on Orosur Mining Inc (LON:OMI) and cut its price target to 38p (from 41p).

StockMarketWire.com
Orosur Mining swung to a pre-tax profit of $2 million in the year ending 31 May from a loss of $3.2 million the year before.

This was due to a higher gold price of $1,258/oz, compared with $1,154/oz a year earlier, and lower sales costs.

Net profit after tax for the year was US$2.6m.

Production during the year totalled 35,371 oz following a significant increase in production in the fourth quarter.

Ignacio Salazar, CEO of Orosur, said: "Cost management and technical excellence remain central to our strategy, demonstrated by successfully building and opening of the second UG mine in Uruguay during the year. The completion of the recent financing announced on August 11th 2017, which was oversubscribed and at a premium to the prevailing market when negotiated, is an important step to support our growth strategy.

"The quality of our assets, our track record on delivery and the recent financing position the company well for FY18 to make significant progress towards its growth potential and we look forward to reporting results from the resource definition in Colombia, tapping the potential of the highly prospective 100km greenstone belt we control in Uruguay and advancing Anillo in Chile."

$ to weaken gold to go up. 1350 0z am still holding BB

Orosur Mining Inc. Uruguay Exploration Update
Orosur Mining Inc. (Orosur or the Company) (TSX/AIM: OMI), the South America-focused gold producer, developer and explorer is pleased to provide an exploration and development progress update for its Uruguayan operations.

HIGHLIGHTS
Underground reserve increase in and around the San Gregorio West underground mine area (SGW UG)
From November 31, 2016 to May 31, 2017, total production from SGW UG totaled 12,600 oz
Current remaining San Gregorio underground (SG UG) probable reserves (SGW UG plus Central and East) are 34,633 oz (664,861 tonnes @ 1.62 g/t Au)
Further extensions to the east and at depth have returned encouraging exploration results
Veta A, an exciting new underground project, is advancing swiftly
A higher grade, previously mined open pit which previously produced 29,000 oz @ 3.1 g/t between September 2006 and March 2008
Current probable reserves are 9,440 oz (122,328 tonnes @ 2.40 g/t Au)
Targeting a significant increase in reserves following positive drilling and mineralization conducted over 140 metres away from the current defined reserves
A recent geotechnical study by SRK supports the feasibility of this strategy
A district scale geological model has been completed based on structural settings and is being used to search for additional significant discoveries in the 100 km long greenstone belt around San Gregorio:
This model has proved successful in explaining the historic deposits and has delivered some initial success at a new open pit deposit
This model will be key to the strategic greenfield exploration of this belt which is designed to grow minelife and expand production using available spare capacity of the SG Carbon in Leach (CIL) plant.
In September, the Company purchased a Sandvic DE710 diamond drilling rig to accelerate exploration.

Ignacio Salazar, CEO of Orosur, said:
Following our successful US$3.2 million fundraising in mid-August, we are pleased to be providing a robust exploration and development update for Uruguay.

During FY17, we not only transitioned successfully from the Arenal underground operation to the new SGW UG mine but we also ramped up development and exploration activities with the objective of increasing scale and efficiency at San Gregorio. We are also pleased to announce positive geotechnical and drilling results in Veta A, as we seek to further advance this project as our next underground operation.

Finally, we have now completed a district scale geological model which is already providing encouraging results. In support, we are deploying the necessary resources, including the purchase of a new diamond core drilling rig, to give our team the best chance of making a strategic discovery in Uruguay, which would allow us to increase production and minelife.

The Company is currently on track to meet its FY18 production guidance and we expect to report back shortly on the start of drilling at Anza in Colombia.

StockMarketWire.com
Orosur Mining reported a first-quarter loss after it produced less gold, prices fell and operating costs rose.

The company booked a net loss for the three months through August of $290,000, swinging from a profit in the same period a year earlier of $2.76m.

Gold production at the San Gregorio mine in Uruguay fell to 8,626 oz, down from 9,950 oz, which the company said was nevertheless tracking higher than its full-year guidance of 30,000 - 35,000 oz.

Cash operating costs of $901/oz jumped from $693/oz and were slightly above the top end of full-year guidance of between $800 to $900/oz.

The company said it had last week commenced drilling at its Anza project in Columbia and would update the market with assay results in the coming months.

governments may ban bit coins, china meeting if they are able to do this then
gold to go up 1300 & them sum. BB to 1350 oz

StockMarketWire.com
Orosur Mining said it had intersected a high-grade deposit at its Anza gold project in Colombia.

Results included intersecting 5.47 g/t of gold over 4.63m from 97.1m to 101.73m, including 771.3 ppm of copper and 1.44% Zinc.

"These initial results are extremely encouraging, supporting the presence of high gold mineralization over significant intervals and increasing confidence in the mineral body beyond the 17,000m of previous drilling," chief executive Ignacio Salazar said.

StockMarketWire.com
Orosur Mining said it expected to defer production from its San Gregorio mine complex in Uruguay due rig delays.

Around 2,000 ounces would be deferred from second-quarter production, due to the extended downtime of two long hole drill rigs, the company said.

Work is well underway to repair the machinery and it is anticipated that the affected drill rigs will return to full productivity by the end of November.

Orosur Mining Inc. is pleased to announce the results for the first half of its fiscal 2018 (H1 18) and second quarter ended November, 2017 (Q2 18 or the Quarter). All dollar figures are stated in US$000 unless otherwise noted.
EXPLORATION AND DEVELOPMENT HIGHLIGHTS
Drilling in the Apta portion of the Anz gold project in Colombia commenced in October 2017, with first drill results announced on November 14, 2017, including 5.32m at 17.76 g/t in hole MAP-54. Depth potential is being confirmed with gold mineralization intersected down to 200m. Mineralized zones remain open.
In Uruguay, a final infill drilling campaign and block model were finalised for San Gregorio Central (SGC), with mine development planned to start in Q3 18.
The Company is accelerating the preparation and permitting of Veta A Underground, a new underground project with higher grades next to the San Gregorio CIL Plant.
The deadline for Asset Chile to move into Phase 2 in Anillo expired on December 31, 2017 unexercised. As a result, Asset Chile will forfeit the 16% interest it had earned and Orosur is currently evaluating strategic alternatives to move ahead with the project with external and non-dilutive funding.
OPERATIONAL HIGHLIGHTS
Extended downtime of two long hole drill rigs used in stope production at the SGW UG mine caused the deferral of 2,000 ounces of production planned for Q2 18. Development activities continued as planed at the SGW UG mine and the Company resumed full underground production by the end of November.
Q2 18 production was 7,052 oz of gold, compared to 6,852 oz in Q2 17. As a result of the Companys focus on profitability and not purely ounces produced, the Company is targeting the lower end of its production guidance at San Gregorio for FY18, being 30,000 ounces of gold.
Average cash operating cost was $867/oz, compared to $914/oz Q2 17. The Company expects to achieve its annual guidance for cash operating cost of US$800 - US$900 per ounce.
The Uruguayan government continues to demonstrate its support for the Company with an exemption granted on royalty payments (equal to 3% of sales) for the period April 2017 to March 2018. This is forecast to total approximately US$1.0 million.
All-In-Sustaining Costs (AISC) were $1,455/oz compared to $1,345/oz in Q2 17, an increase of 8%. The increase was predominantly due to higher development, brownfield exploration and the construction of the fourth phase of the tailings dam.
FINANCIAL HIGHLIGHTS
Operating profit of the San Gregorio operation was $3,423 compared to an operating profit of $2,261 in Q2 17. The improvement mainly due to lower operating costs.
Loss after tax was $251 compared to a profit of $942 in Q2 17. This was mainly due to higher depreciation and the recognition of a provision for staff retrenchments following the Q2 production deferral at SGW UG.
Cash flow from operations before changes in working capital was $2,160 compared to $2,234 in Q2 17.
The Company invested $3,359 in capital expenditures and $1,704 in exploration compared to $3,835 and $609 respectively in Q2 17. The Company significantly increased its investment in exploration and development in Uruguay with the aim of expanding reserves.
The Company's cash balance at November 30, 2017 was $2,064 compared to $3,357 at May 31, 2017. The deferral of approximately 2,000 ounces of planned production for the Quarter from the SGW UG mine caused the Company to draw on the full Santander line of credit in the amount of $1,500 during the Quarter.
The committed line of credit with Banco Santander available as at November 30, 2017 was renewed for another year (until November 30, 2018)

StockMarketWire.com
Orosur Mining said it had intersected gold during a step-out drill program at its APTA deposit in Colombia.

Results included encountering up to 5 grams per tonne of gold at a 23 meter interval.

'I am delighted to report a strong set of step-out drilling results from our high grade APTA project,' chief executive Ignacio Salazar said.

'These results continue intercepting high grade gold mineralization over multiple significant intervals.'

opinion, history to repeat s/ p to go up from 5.53p assay may, good & no hickups
dig look forcast , extremly good for 2019 as long as gold holds @1340 BB
ps. 1p divi forcast for 2019 . ends

StockMarketWire.com
Dual-listed Orosur Mining cut its annual output guidance after ore grades fell at its Uruguayan gold project.

The company reduced its production guidance to 27,000-to-30,000 ounces of gold, down from 30,000 ounces.

It also increased operating cash cost guidance to $900-to-$1,000 per ounce, from $800-to-$900.

Production in the third quarter was 6,859 ounces, down 12% on-year.

StockMarketWire.com
Orosur Mining said it had terminated an option agreement with Chile's national mining company to invest further in the Anillo gold exploration project.

Although there were no penalties involved with the termination, Orosur said it would write down the $5.5m recognized in its statements for the Anillo project in its next financial results.

The project was originally optioned from Nacional del Cobre de Chile in 2010.

A decision not to enter second phase drilling followed a lack of positive exploration results during the fist phase, the company said.

Orosur Mining Inc. Gold Mineralisation Confirmed at Charrascala Target, Colombia
Orosur Mining Inc. (Orosur or the Company) (TSX/AIM: OMI), a South American-focused gold producer, developer and explorer is pleased to announce the final results from the recently completed gold exploration campaign at its high grade Anz project in Colombia. Having confirmed consistent gold mineralisation in the APTA portion of the Anz project in the first 18 holes of the exploration campaign, the final 5 holes of the drill programme were focussed on maiden scout drilling the untested Charrascala target. Drilling detected the presence of strong gold anomalies, with 4 of the 5 holes drilled intersecting gold mineralisation and a priority follow up zone has been identified.

HIGHLIGHTS
Orosur successfully drilled 5 scout diamond drill holes totalling 3,045m at Charrascala, one of the four untested targets of Anz;
The presence of gold in the system has been confirmed within an attractive geological setting for the mineralization to occur;
The presence of strong gold anomalies has been detected at Charrascala along an 800m north-south corridor, including intersects of 3.43 g/t Au and 30.60 g/t Ag over 1.5m and 2.62 g/t Au and 14.30 g/t Ag over 0.90m;
Arsenic has been validated as a good gold pathfinder at Charrascala;
Current drilling has identified an important exploration target in the south of Charrascala; which will be the priority for follow up drilling;
Next exploration stages will be focused on continuing the broader exploration of the Anz project and more detailed follow up and definition work at APTA.

Ignacio Salazar, CEO of Orosur, said:
"We are very encouraged with the recently completed exploration campaign at APTA and Charrascala in Colombia. Drill results at APTA have extended the mineralized area at depth and along strike, while still remaining open. APTA represents only 10% of the land base of the Anz project, which covers over 200km. Additionally, in the last phase of this exploration campaign, the Company successfully tested the Charrascala target, discovering the presence of gold anomalies along an 800m north-south corridor, including an intersect of 3.43 g/t Au and 30.60 g/t Ag over 1.5m, as well as identifying a specific target for future drilling. The Companys future in Colombia is looking to be off to a promising start."