Orosur Mining Inc. reported consolidated earnings and production results for the first quarter ended August 31, 2014. For the quarter, the company reported sales of USD 16,526,000 against USD 22,945,000 a year ago. Loss before income tax was USD 710,000 against profit before income tax of USD 1,918,000 a year ago. Total loss and comprehensive loss for the period was USD 1,280,000 or USD 0.02 per basic and diluted share compared to USD 1,036,000 or USD 0.01 per basic and diluted share a year ago. Net cash generated from operating activities was USD 3,859,000 against USD 5,602,000 a year ago. Purchase of property, plant and equipment and development costs was USD 2,374,000 against USD 1,238,000 a year ago. Exploration and evaluation expenditure assets were USD 1,098,000 against USD 2,009,000 a year ago. Cash net of debt was USD 6,024,000.

The company maintained its forecast production guidance for fiscal year 2015 between 50,000 to 55,000 ounces of gold at operating cash costs of between USD 850 to USD 950 per ounce. Fiscal year 2015 production from Arenal Deeps is expected to contribute approximately 70-75% of total gold production, with open pit mining contributing the balance of the production profile.