Global miner Newmont has completed the sale of its common shares of Orla Mining, for aggregate gross proceeds of US$439 million (C$605 million). “Today’s announcement demonstrates Newmont’s ongoing commitment to streamlining our equity portfolio and unlocks significant cash to support Newmont’s capital allocation priorities,” said Tom Palmer, Newmont chief executive officer. “We value the strong relationship we’ve had with Orla…
Read More
Orla Mining reported that on July 23, an uncontrolled material movement event occurred on the temporary north wall within the open pit at its Camino Rojo oxide mine in Zacatecas, Mexico. Read more.
Read More
Newmont has agreed to sell its Musselwhite gold mine in Ontario, Canada, to Vancouver-based Orla Mining for up to US$850 million in total consideration. Full story.
Read More
Canadian-based Orla Mining has completed the previously announced acquisition of Gold Standard Ventures by way of court-approved plan of arrangement. Read full article.
Read More
Canadian producer Orla Mining has announced commercial production has started at its Camino Rojo oxide gold operation in the Zacatecas state, Mexico. Read full article form North American Mining.
Read More
With nameplate stacking capacity now reached, Canadian-based Orla Mining is now working toward the milestone of commercial production at the Camino Rojo oxide mine in Mexico. Read full article from North American Mining.
Read MoreOrla Mining, which has brought its Camino Rojo project to operational fruition in less than two years, has recorded the first gold pour from the gold operation in Zacatecas state, Mexico. Read full article in North American Mining.
Read More