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 (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 (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 (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
Orla Mining (TSX: OLA)
Announced good results for the first quarter ended March 31, 2024.
Q1 gold production was 33,223 ounces and gold sold was 32,046 ounces, and AISC¹ were $909 per ounce of gold sold. Continue reading
Mining Review 14th April 2024
It was another exciting week for gold, with new all time highs being recorded, before a slight pullback late Friday evening.
The big news of the week was Karora Resources announcing a merger with ASX listed Westgold. Capricorn Metals and Orla Mining reported strong starts to 2024. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an interim operational update for the first quarter ended March 31, 2024 and an update on its activities in Panama.
The Camino Rojo Oxide Mine produced 33,223 ounces and sold 32,046 ounces of gold during Q1 2024. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its exploration at the South Railroad Project including 2023 activities and 2024 work plans. This news release presents the second update.
The highlight was 51.8m @ 3.24 g/t Au (Sulphide). Continue reading
Orla Mining (TSX: OLA)
Provided an update on its exploration activities at the South Railroad Project in H2 2023.
This news release presents the first of two updates from the 2023 infill and extension drilling, totaling seven drillholes and representing 2,508 m. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an update on its exploration activities at the South Railroad Project in the second half of 2023.
Drilling at South Railroad in 2023 totalled 14,695 metres and additional results from other exploration targets will be shared in a subsequent update. Continue reading
Orla Mining (TSX: OLA)
Announced that it has entered into a definitive arrangement agreement with Contact Gold Corp. (TSX-V: C) whereby Orla will acquire all of the issued and outstanding common shares of Contact pursuant to a court-approved plan of arrangement.
Contact’s land is adjacent to Orla’s South railroad project in Nevada. Continue reading
Orla Mining Ltd. (TSX: OLA)
Provided an update on its exploration activities on the extension of the Camino Rojo deposit in the second half of 2023. These recent exploration results emphasize that the Camino Rojo deposit remains open and has substantial upside potential. Continue reading
Mining Review 4th February 2024
The week was once again all about the FED and US interest rates, with positive economic data suggesting a March rate cut was unlikely, causing markets and gold to pull back.
Cabral Gold, i-80 Gold, and Orla Mining all reported strong drilling results this week. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an update on its exploration activities at the Camino Rojo Sulphides in the second half of 2023.
Results included 3.41 g/t Au over 36m, incl. 29.2 g/t Au over 3.0 m, and 2.94 g/t Au over 66.5 m, incl. 4.98 g/t Au over 16.5 m. Continue reading
Mining Review 28th January 2024
We initiated coverage of exploration junior Angus Gold this week.
Impact Minerals, Calidus Resources, i-80 Gold, and Orla Mining all announced significant exploration successes this week. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its near-pit exploration activities at Camino Rojo completed in the second half of 2023.
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. Continue reading
Mining Review 21st January 2024
A solid set of news releases from our watchlist in what was a busy week for news. Maybe the forthcoming conferences in Vancouver next week caused the rush of exploration results?
Calibre Mining confirmed the acquisition of Marathon Gold, establishing a potential mid-tier mining company producing 250,000 ounces of gold within a year and a half or so. Continue reading
Orla Mining (TSX: OLA)
Provided an interim operational update for Q4 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. Continue reading
Mining Review 24th December 2023
Two major announcements by companies on our watchlist list up a normally quiet final week before Christmas.
Galiano Gold acquired the other 45% of the Asanko mine in Ghana from their JV partner, and Calidus Resources announced a stunning deal to acquire the Nullagine mine and immediately lease out 80% of the camp for 10 years bringing in much needed cash to the company. Continue reading
Orla Mining (TSX: OLA)
Notes that the Panamanian Ministry of Commerce and Industryhas 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. Continue reading
