Orvana Restarts Don Mario Production, Eyes Full Ramp-Up by Q4 2026
Event summary
- Orvana produced 10,738 GEO in Q2 FY2026, with 9,827 GEO from Spain's Orovalle and 911 GEO from Bolivia's Don Mario restart.
- Don Mario processed 47,387 tonnes in Q2, producing 893 gold ounces and 1,055 silver ounces during testing phase.
- Full production at Don Mario expected by Q4 FY2026 after completing circuit integration and oxide stockpile processing.
- Orovalle remains on track to meet FY2026 guidance of 34,000-37,000 gold ounces and 2,700-3,000 copper pounds.
The big picture
Orvana's restart of Don Mario production marks a strategic milestone in diversifying its multi-mine portfolio. The successful ramp-up of this operation will be critical for meeting full-year guidance and maintaining operational momentum across its Spanish and Bolivian assets. The company's ability to process legacy stockpiles efficiently will determine its near-term production trajectory and financial performance.
What we're watching
- Ramp-Up Execution
- Whether Orvana can achieve full production levels at Don Mario by Q4 2026 as planned.
- Operational Integration
- How smoothly the integration of processing circuits at Don Mario will proceed.
- Commodity Prices
- The impact of fluctuating gold, silver, and copper prices on Orvana's financial performance.
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