LONDON (ShareCast) - Orosur Mining has cheered investors with the news that in the three months ended November 30th production totalled 13,970 ounces meaning the company remains on track to achieve its forecast production target of 63,000 to 68,000 ounces for the full year.

The group added that the development of the Arenal Deeps ramp is on track for completion during the quarter ending February 28th 2013.

Completion of the ramp will enable the company to access higher grade ore at Arenal Deeps in the last quarter of the financial year ending May 31st 2013.

The share price rose 5.56% to 38p in earling trading.

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