Company Striding Towards Record Year of Production and Cash Flow Orla Mining Ltd. today announces the results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Third quarter gold production was 43,788 ounces and gold sold was 38,265 ounces. As a result of the continued outperformance at Camino Rojo, the Company increased its full year gold production guidance to 130,000 to 140,000 ounces [...]
37.6 m @ 1.15 g/t Au and 44.7 m @ 0.77 g/t Au 45.7 m at 0.67 g/t Au , incl. 12.2 m at 1.24 g/t Au 13.7 m at 1.82 g/t Au Orla Mining Ltd. is pleased to provide an update on its exploration at the South Railroad Project . Highlights: Significant gold intercepts indicate strong potential to expand oxide gold mineralization beyond the projected open pit boundaries and extend the projected mine life at the Pinion and Dark Star [...]
Orla Mining Ltd. is pleased to announce that, subsequent to quarter end, the Company repaid the entirety of the outstanding balance on its revolving credit facility totalling $58.4 million. With this repayment, the Company is now debt free with cash on hand of approximately $120 million. The Credit Facility of $150.0 million will remain in place and be available to the Company until its expiry on August 28, 2027 [...]
Camino Rojo Delivers Record Quarterly Gold Production of 43,788 oz Leading to Increased Production Guidance Orla Mining Ltd. is pleased to provide an operational update for the third quarter ended September 30, 2024, and provide an update to annual production guidance. Third Quarter 2024 Camino Rojo Oxide Mine Operational Update The Camino Rojo Oxide Mine produced 43,788 ounces and sold 38,265 ounces of gold during the [...]
Orla Mining Ltd. is pleased to announce the release of its 2023 Sustainability Report, continuing to highlight the Company's commitment to environmental, social, and governance initiatives. Orla operates the Camino Rojo mine in Zacatecas, Mexico and is developing the South Railroad project in Nevada, US, with active exploration programs at both sites. In a commitment to sustainability and in an effort to minimize [...]
Robust Margin Expansion Driving Record Free Cash Flow Orla Mining Ltd. today announces the results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Second quarter gold production was 33,206 ounces and gold sold was 34,875 ounces . Year to date, Camino Rojo has been performing better than plan and, as a result, the Company is increasing full year gold production guidance to 120,000 to 130,000 [...]
Camino Rojo Delivers Another Strong Quarter of Gold Production Orla Mining Ltd. is pleased to provide an interim operational update for the second quarter ended June 30, 2024. Second Quarter 2024 Camino Rojo Oxide Mine Operational Update The Camino Rojo Oxide Mine produced 33,206 ounces and sold 34,875 ounces of gold during the second quarter 2024. Camino Rojo Mining and Processing Totals Q2 2024 YTD Q2 2024 Ore Mined [...]
Orla Mining Ltd. announces that, further to its April 10, 2024, news release, the Company has filed a Request for Arbitration against the Government of Panama under the Canada-Panama Free Trade Agreement . The Request for Arbitration asserts that measures taken by Panama in respect of the Cerro Quema Project constitute violations of Panama's legal obligations under the FTA and customary international law. A Notice of [...]
Orla Mining Ltd. is pleased to provide an update on its exploration activities at Camino Rojo Sulphide Extension from the first half of 2024. Highlight results: 4.57 g/t Au, 19.4 g/t Ag, 2.56% Zn, over 15m, incl. 51.1 g/t Au, 8.08% Zn over 0.8m 6.72 g/t Au, 7.7 g/t Ag, 0.79% Zn over 6.6m, incl. 78.6 g/t Au, 8.24% Zn over 0.5m 3.49 g/t Au, 7.60 g/t Ag, 1.06% Zn over 9.8m, incl. 16.6 g/t Au, 5.63% Zn over 1.5m 86% gold [...]
Orla Mining Ltd. is pleased to report the voting results for the election of its Board of Directors, which took place at the Company's Annual General and Special Meeting of Shareholders held today. All nominees, as set forth in the Company's Management Information Circular dated May 14, 2024, were elected as directors of Orla at the AGM. Detailed results of the votes are set out below: Nominee Votes For % For Votes [...]
Orla Mining Ltd. today announces the results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights First quarter gold production was 33,223 ounces and gold sold was 32,046 ounces . All-in sustaining costs 1 was $909 per ounce of gold sold during the first quarter 2024. Adjusted earnings1 for the first quarter were $16.8 million or $0.05 per share. Net income for the first quarter was $17.5 million or [...]
Orla Mining and Contact Gold are pleased to announce that Orla has completed the previously announced acquisition of Contact by way of court-approved plan of arrangement. As a result of the completion of the Transaction, Orla acquired all of the issued and outstanding Contact Gold common shares and Contact became a wholly-owned subsidiary of Orla. Former Contact Gold shareholders received, in exchange for each Contact [...]