Orosur Mining Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended February 28, 2014. For the quarter, the company reported sales of $16,741,000 compared to $30,033,000 a year ago. Profit before income tax was $84,000 compared to $3,853,000 a year ago. Total loss and comprehensive loss for the period was $15,000 compared to total income and comprehensive income for the period of $3,494,000 a year ago. Cash flow from operations was $3.4 million compared to $8.0 million a year ago. The company invested $1.8 million in capital projects and $1.1 million in exploration for the quarter compared to $4.6 million and $2.0 million respectively in third quarter of 2013. The decrease in capital expenditure is as a result of less development of the now producing Arenal underground mine.

For the nine months, the company reported sales of $60,061,000 compared to $80,535,000 a year ago. Profit before income tax was $4,710,000 compared to $7,390,000 a year ago. Total income and comprehensive income for the period was $2,486,000 or $0.03 per basic common share compared to $6,995,000 or $0.09 per basic common share a year ago. Net cash generated from operating activities was $15,133,000 compared to $11,702,000 a year ago. Purchase of property, plant and equipment and development costs was $3,621,000 compared to $16,133,000 a year ago. Exploration and evaluation expenditure assets was $4,129,000 compared to $7,079,000 a year ago.

Based on the results achieved year-to-date and the consolidation of the changes introduced positively affecting the remainder of the year, the company maintains its enhanced outlook for fiscal 2014 with a production guidance of 55,000 - 60,000 oz, at a reduced operating cash costs guidance of $800 - $875/oz.