Mining Review 18th May 2025
Orla Mining’s Q1 loss disappointed the market and the shares were marked down harshly as a result.
West Red Lake Gold Mining are ramping up to production and the share price is stirring at last. Continue reading
Tag Archives: Orla Mining
Orla Mining’s Q1 Loss Disappoints the Market
Orla Mining (TSX: OLA)
Published Q1 figures that disappointed the market as the Musselwhite costs increased the loss on a short term basis.
Record quarterly gold production of 47,759 ounces and total quarterly gold sold of 46,356 ounces at an AISC of $850 for Camino Rojo only. Continue reading
Mining Review 20th April 2025
Mining Review 20th April 2025
The price of gold reached a new high and settled up around 2%.
Calibre Mining and Orla Mining announced record production and at lower gold prices than the current level. Continue reading
Orla Mining Achieves Record Quarterly Production
Provided an operational update for the first quarter ended March 31, 2025.
Camino Rojo is on track to achieve annual guidance of 110,000 to 120,000 ounces of gold following the quarter.
Orla Mining Launches $25M Exploration Drilling Program
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced the start of the 2025 exploration drilling program at the Company’s recently acquired Musselwhite Mine in Northwestern Ontario.
Orla Mining Completes the Musselwhite Acquisition
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced that the Company has completed its acquisition of the Musselwhite Gold Mine in Ontario, Canada from Newmont Corporation.
The addition of Musselwhite transforms Orla into a North American-centred, geographically diversified intermediate gold producer. Continue reading
Mining Review for January 2025 Published
Mining Review January 2025
City Investors Circle Mining Review for January 2025 has been published.
The highlighted company is Catalyst Metals.
Companies reporting good news included Calibre Mining, Orla Mining, Gold Road Resources and Ora Banda mIning. Continue reading
Mining Review 19th January 2025
Mining Review 19th January 2025
Orla Mining announced results that beat the improved guidance for the year by 19%.
Westgold is set to increase production in Q1. Meeka Metals announced a high-grade gold dicovery at Turnberry, Murchison.
Orla Mining Achieves Record Annual Gold Production
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an operational update for the fourth quarter and year ended December 31, 2024, as well as preliminary 2025 guidance.
The Company produced 26,531 ounces of gold in Q4, bringing total annual gold production for 2024 to 136,748 ounces. Orla achieved its already improved 2024 production guidance range of 130,000 to 140,000 ounces, representing a 19% beat. Continue reading
Orla’s Proxy Advises Shareholders to Vote for the Musselwhite Acquisition
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced that the two leading independent proxy advisory firms have each recommended that Orla’s shareholders vote FOR the resolution to approve the Company’s proposed acquisition of the Musselwhite Minefrom Newmont Corporation. Continue reading
Orla Expands High-Grade Mineralization 800 Metres
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an update on exploration at the Camino Rojo Extension, now referred to as “Zone 22”.
Drilling has extended mineralization 800 metres beyond the current open-pit resource, with Zone 22 remaining open at depth and along strike. Continue reading
Mining Review 24th November 2024
Mining Review 24th November 2024
The Swiss Mining Institute Conference in Zurich was a lively affair, with a good number of investors participating.
Orla Mining’s purchase of the Musselwhite operating mine was the big news of the week. Continue reading
Orla Mining Expands into Canada with Musselwhite Acquisition
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced 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 contingent consideration of $40 million. Continue reading
Mining Review 20th October 2024
Mining Review 20th October 2024
A week of highs and lows, with Orla Mining and Westgold announcing positive production updates, and Calibre Mining and West Red Lake Gold issuing disappointing news to dampen the mood in a week where gold reached a new all-time high price of $2,720. Continue reading
Orla Mining Repays Revolving Credit To Become Debt-Free
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced that, subsequent to quarter end, the Company repaid the entirety of the outstanding balance on its revolving credit facility totalling $58.4 million. Continue reading
Orla Mining Positive Production Update
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an operational update for the third quarter ended September 30, 2024, and provide an update to annual production guidance.
The Camino Rojo Oxide Mine produced 43,788 ounces and sold 38,265 ounces of gold during the third quarter 2024. Continue reading
Mining Review 18th August 2024
Mining Review 18th August 2024
Gold hit a new nominal all-time high this week, breaching $2,500.
Calibre Mining and Orla Mining published good results, and Victoria Gold, as predicted here, went into receivership and the stock will be delisted. Continue reading
Orla Mining Reports Q2 2024 Financial Results
Orla Mining (TSX: OLA)
Announced the results for the second quarter ended June 30, 2024.
Second quarter gold production was 33,206 ounces, at an AISC of US$782. Continue reading
Orla Mining Files Request for Arbitration Against Panama
Orla Mining (TSX: OLA / NYSE: ORLA)
Announced 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. Continue reading
Orla Mining Reports Positive Drilling Intersections at Camino Rojo Sulphides
Orla Mining (TSX: OLA)
Updated on its exploration activities at Camino Rojo Sulphide Extension from the first half of 2024.
Highlight results included 4.57 g/t Au, 19.4 g/t Ag, 2.56% Zn, (6.16 g/t AuEq) over 15m, incl. 51.1 g/t Au, 8.08% Zn over 0.8m. Continue reading