Targeting Additional Near Mine Oxide Ounces Orla Mining Ltd. is pleased to provide an update on its near-pit exploration activities at Camino Rojo completed in the second half of 2023. 2023 Exploration Highlights: Camino Rojo Oxides In 2023, Orla completed 6,500 metres of drilling near the Camino Rojo Oxide Mine in Mexico to define additional oxide mineralization near the open pit. This near-pit exploration included 2,500 [...]
The Company Repays Nearly $60 million in Debt in 2023 Orla Mining Ltd. is pleased to provide an interim operational update for the fourth quarter ended December 31, 2023. This news release also includes the Company's 2024 annual guidance which contains the outlook for production, operating and capital costs, and exploration spending across the Company's portfolio. Fourth Quarter 2023 Camino Rojo Oxide Mine Operational [...]
Orla Mining Ltd. notes that the Panamanian Ministry of Commerce and Industry has rejected the requests for extension for the three mining concessions comprising the Company's Cerro Quema Project, declared the concessions cancelled and declared the area comprising the concessions to be a reserve area. While the Company regrets this decision by the Panamanian Government, the Company will continue to monitor developments in [...]
Orla Mining Ltd. is pleased to announce the appointment of Mr. Rob Krcmarov as an independent Director of the Company effective immediately. Chuck Jeannes, Chairman of the Board of Orla, commented, "On behalf of the Board, I welcome Rob to Orla Mining. He brings a wealth of experience, particularly in geology, from his over 35-year career in the natural resources sector. We look forward to Rob's contributions as we [...]
Another Strong Quarter of Production and Cash Generation Orla Mining Ltd. today announces the results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Gold production was 32,425 ounces and gold sold was 31,061 ounces . Year to date gold production is 87,393 ounces. Company increased full year gold production guidance to a range of 110,000 to 120,000 ounces from its initial guidance range of [...]
Orla Mining Ltd. is pleased to provide an interim operational update for the third quarter ended September 30, 2023. During the third quarter of 2023, the Camino Rojo Oxide Mine produced and sold 32,425 and 31,060 ounces of gold, respectively. 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 110,000 to 120,000 ounces from its [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, September 18, 2023: S&P/TSX COMPOSITE INDEX - September 18, 2023 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Shawcor Ltd. Energy Oil & Gas Equipment & Services ADDED Orla Mining Ltd. Materials Gold DELETED Spartan Delta Corp. Energy Oil & Gas Exploration [...]
Strengthens Financial Flexibility and Lowers Cost of Capital Orla Mining Ltd. is pleased to announce that the Company has amended its existing US$150 million credit facility with its existing syndicate of lenders comprised of The Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce. The Amended Credit Facility consists of a US$150 million revolving term facility. Amended Credit Facility [...]
Orla Mining Ltd. is pleased to release its inaugural Sustainability Report, highlighting the Company's approach and performance on its environmental, social and governance initiatives. Orla operates the Camino Rojo mine in Mexico and is developing projects in Nevada and Panama. The 2022 Sustainability Report enhances Orla's ESG disclosure and also introduces a long-term roadmap through the Company's "Towards 2030 [...]
Revised 2023 All-In Sustaining Cost Guidance to $700-$800 per ounce Orla Mining Ltd. today announces the results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights: Gold production was 29,058 ounces and gold sold was 29,773 ounces . Year to date gold production is 54,968 ounces. The Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 ounces. All-in sustaining [...]
Orla Mining Ltd. is pleased to provide an interim operational update for the second quarter ended June 30, 2023. During the second quarter of 2023, the Camino Rojo Oxide Mine produced and sold 29,058 and 29,773 ounces of gold, respectively. Camino Rojo continues to perform according to plan, and the Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 ounces. As at June 30, 2023 [...]
3.26 g/t Au over 56.9 m , 5.90 g/t AuEq over 8.5 m , and 61.2 g/t over 1.3 m Orla Mining Ltd. is pleased to provide an update on its exploration activities at Camino Rojo in the first half of 2023. 2023 Exploration Highlights: Camino Rojo Camino Rojo Sulphides : Infill drilling to reduce drill spacing to 25-30 metres in the Sulphides domain has continued to return high-grade gold intercepts over wide widths . Notable [...]
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