OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor ORN ASX

Orion Minerals Limited

DFS Unfunded Developer · Copper · Zinc · South Africa · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.022
1D
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1M
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YTD
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1Y
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Upside
Locked: sign in to view
Mkt cap
A$197M
EV
A$216M
Cash
A$14.5M
Debt
A$30.9M
5 newer ASX announcements not yet reflected in this valuation

Company ownership

Investors & shareholders

Reviewed 2026-10-09

The latest located ranked account register is dated 29 August 2025; substantial-holder notices filed 1 October 2026 supersede the related latest group positions. The new Borman/Sujajo group holding overlaps nominee accounts and is shown separately from the dated register.

Top registered shareholders

Register at 2025-08-29 · 7,452,332,411 issued shares

20 holders
Top registered shareholders at 2025-08-29; percentages of issued shares
#Investor / registered holder% issued sharesShares held
1 Ndovu Capital X BV
Evidence for Ndovu Capital X BV

1,081,799,892 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

14.52%1,081,799,892
2 Clover Alloys Copper Investments (Pty) Ltd
Evidence for Clover Alloys Copper Investments (Pty) Ltd

624,669,978 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

8.38%624,669,978
3 Ratel Growth Pty Ltd
Evidence for Ratel Growth Pty Ltd

453,064,679 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

6.08%453,064,679
4 Sparta AG
Evidence for Sparta AG

349,738,758 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

4.69%349,738,758
5 Delphi Unternehmensberatung Aktiengesellschaft
Evidence for Delphi Unternehmensberatung Aktiengesellschaft

277,360,691 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

3.72%277,360,691
6 Citiclient Nominees No 8 NY GW Nominee / custodian
Evidence for Citiclient Nominees No 8 NY GW

214,958,902 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

2.88%214,958,902
7 Deutsche Balaton Aktiengesellschaft
Evidence for Deutsche Balaton Aktiengesellschaft

170,328,397 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

2.29%170,328,397
8 Nedbank ITF Fairtree Equity Prescient Fund Nominee / custodian
Evidence for Nedbank ITF Fairtree Equity Prescient Fund

162,278,976 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

2.18%162,278,976
9 IGO Limited
Evidence for IGO Limited

154,166,666 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

2.07%154,166,666
10 Silja Investment Limited
Evidence for Silja Investment Limited

106,321,960 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

1.43%106,321,960
11 Pershing LLC Nominee / custodian
Evidence for Pershing LLC

104,159,274 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

1.40%104,159,274
12 Tarney Holdings Pty Ltd
Evidence for Tarney Holdings Pty Ltd

82,143,912 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

1.10%82,143,912
13 BNP Paribas Noms Pty Ltd Nominee / custodian
Evidence for BNP Paribas Noms Pty Ltd

74,122,787 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.99%74,122,787
14 Dr Leon Eugene Pretorius
Evidence for Dr Leon Eugene Pretorius

61,227,777 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.82%61,227,777
15 Modern Corporate Solutions
Evidence for Modern Corporate Solutions

53,257,878 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.71%53,257,878
16 Webb Street Capital (Pty) Ltd
Evidence for Webb Street Capital (Pty) Ltd

52,765,923 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.71%52,765,923
17 Falerno Investments Pty Ltd
Evidence for Falerno Investments Pty Ltd

50,780,000 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.68%50,780,000
18 Peresec Prime Brokers (Pty) Ltd Nominee / custodian
Evidence for Peresec Prime Brokers (Pty) Ltd

50,472,622 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.68%50,472,622
19 African Exploration Mining & Finance Company SOC Ltd
Evidence for African Exploration Mining & Finance Company SOC Ltd

43,522,276 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.58%43,522,276
20 Mosiapoa Capital (Pty) Ltd
Evidence for Mosiapoa Capital (Pty) Ltd

39,721,257 shares · Issued shares · Disclosed holding at 2025-08-29

Annual Report 2025 — Twenty largest ordinary share holders
Orion Minerals Limited / ASX · 2025-10-01
PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

0.53%39,721,257

Nominee and custodian accounts can hold shares for several underlying investors.

Disclosed substantial holders

Latest reviewed disclosure for each holder or reporting group

Substantial-holder disclosures; these can overlap registered accounts above
Investor / reported groupDisclosed holdingHolding at
Thomas Ignatius Borman and Sujajo Investments S.A. Reported group
Evidence for Thomas Ignatius Borman and Sujajo Investments S.A.

Form 604 identifies Sujajo as the registered account for 722,761,648 shares, Thomas Borman’s direct 500,000,000 shares, and a 59,805,555-share relevant interest through BNP Paribas Noms Pty Ltd.

Relevant-interest shares can include shares held under nominee registration; not additive to the older account register.

1,282,567,203 shares · Voting power · Disclosed holding at 2026-09-28

Change in substantial holding
Orion Minerals Limited / ASX · 2026-10-01
Form 604 pp. 1–2, present voting power and relevant interests as at 28 September 2026

14.32%Voting power2026-09-28

These disclosures can overlap accounts in the register above. Their percentages should not be added together.

Other named investors

Issuer-confirmed investors whose existing holding is not quantified in the reviewed disclosure

InvestorDisclosed holdingConfirmed at
Tembo Capital Mining Fund II LP and Ndovu Capital X B.V. Ceased to be substantial; remaining shares, if any, are not disclosed. Reported group
Evidence for Tembo Capital Mining Fund II LP and Ndovu Capital X B.V.

Cessation notice describes sales of 500,000,000 and 581,799,892 shares, respectively; it does not establish any remaining position.

Disclosed holding at 2026-09-29

Ceasing to be a substantial holder
Orion Minerals Limited / ASX · 2026-10-01
Form 605 p. 1, sales and cessation effective 29 September 2026

Not quantified2026-09-29
Sources & review notesEvidence checked through 2026-10-09

Coverage and limitations

  • The ranked account register is dated more than a year before cutoff and precedes significant capital activity; do not use it as a current balance table.
  • October 2026 Form 604 voting-power total includes an indirect BNP nominee interest; do not add the group figure to registered account balances.

Sources

  1. Annual Report 2025 — Twenty largest ordinary share holders

    Orion Minerals Limited / ASX · Published 2025-10-01 · Accessed 2026-10-09

    Complete 20-account registered ordinary-share table.

    PDF p. 118 (printed p. 116), dated 29 August 2025; total ordinary share capital 7,452,332,411

  2. Change in substantial holding

    Orion Minerals Limited / ASX · Published 2026-10-01 · Accessed 2026-10-09

    Thomas Borman and Sujajo Investments S.A. report 1,282,567,203 votes (14.32%): Sujajo 722,761,648, Borman 500,000,000, and Borman’s relevant interest in BNP Paribas Noms 59,805,555.

    Form 604 pp. 1–2, present voting power and relevant interests as at 28 September 2026

  3. Ceasing to be a substantial holder

    Orion Minerals Limited / ASX · Published 2026-10-01 · Accessed 2026-10-09

    Tembo Capital Mining Fund II and Ndovu Capital X reported ceasing to be substantial after sales of 500,000,000 and 581,799,892 ordinary shares respectively.

    Form 605 p. 1, sales and cessation effective 29 September 2026

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