Orla Mining Ltd. is pleased to announce that it has filed a management information circular and related materials for its special meeting of shareholders of the Company to be held on January 21, 2025 in connection with the proposed acquisition of the Musselwhite Mine from Newmont Corp. announced on November 18, 2024 . Along with the Meeting Materials, the Company has also filed an independent technical report on the [...]
Orla Mining Ltd. is pleased to provide an update on exploration at the Camino Rojo Extension, now referred to as "Zone 22". Summary Details: Expanded Resource Potential: Drilling has extended mineralization 800 metres beyond the current open-pit resource, with Zone 22 remaining open at depth and along strike. Drilling Progress: Over 32,000 metres drilled in 2024, with an additional 3,000 metres planned by year-end [...]
Orla Mining Ltd. is pleased to announce the appointment of Dr. Silvana Costa as the Company's new Chief Sustainability Officer, effective January 13, 2025. In this role, Dr. Costa will have executive level responsibility for Orla's Environmental, Social, and Governance efforts, in addition to guiding the Company's internal and external stakeholder relationships. Orla's growth into an intermediate gold producer has been [...]
More than Doubles Orla's Annual Gold Production to Over 300 koz with Near-Term Growth to 500 koz; Orla to Become a Premier, North America-Focused, Multi-Asset, Low Cost, Producing Gold Company. Orla Mining Ltd. is pleased to announce it has entered into a definitive agreement to acquire the Musselwhite Gold Mine in Ontario from Newmont Corporation for upfront cash consideration of $810 million and gold-price linked [...]
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 [...]
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