Orla to start South Railroad gold project build this year
Orla Mining (TSX: OLA; NYSE: ORLA) said it will kick off construction at its South Railroad gold project in Nevada after an updated feasibility study showed costs doubled in three…
Orla Mining
Serial wealth creator Lassonde still having fun
Franco-Nevada (TSX, NYSE: FNV) co-founder Pierre Lassonde hasn’t let retirement from the C-suite dim his love for the yellow metal. Think $4,000 gold is high? Lassonde, the former Newmont (NYSE: NEM, TSX: NGT) president, has news for you. He predicts the yellow metal…
London JV Video: Latin America is both risk frontier and growth engine, panel argues
Latin America is both a risk frontier and a growth engine, mining leaders told an International Metals Symposium panel last week, pointing to a centrist drift in Argentina and Mexico…
Orla Mining plunges as Fairfax trims stake
Shares of Orla Mining (TSX: OLA) have plunged after Fairfax Financial Holdings (TSX: FFH, FFH.U) sold nearly half of its stock in the company at a below-market price. The miner…
London Symposium: Artisanal mining growing in South America, Pan Am Silver exec says
Pan American Silver (TSX, NYSE: PAAS) is working with small-scale miners in Peru to help them raise production standards and sell their gold to central banks – an effort that isn’t…
Agnico sheds entire 18% stake in Royal Road
Agnico Eagle Mines (NYSE, TSX: AEM) says it has sold its entire 18% shareholding in copper-gold explorer Royal Road Minerals (TSXV: RYR) for proceeds of about C$5.51 million. The shares,…
Newmont sells entire Orla stake for $439M
Newmont (NYSE: NEM; TSX: NGT) has sold its 13% stake in Orla Mining (TSX: OLA) for $439 million (C$605 million), marking another step in its broader divestiture program aimed at…
Agnico sells out of Orla for $560M
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest gold miner by output and market value, has sold its 11% stake in Orla Mining (TSX: OLA; NYSE: ORLA) for nearly $561 million…
Nevada permit clock starts on Orla’s South Railway
Orla Mining (TSX: OLA; NYSE: ORLA) said U.S. authorities formally started the federal environmental impact process for the company’s South Railroad gold project in Nevada. The decision by the U.S….
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
Orla seeks Mexico mine slide answers
Orla Mining (TSX: OLA; NYSE: ORLA) said initial geotechnical assessments of the incident that stopped pit‑mining activities at the Camino Rojo oxide mine in central Mexico should be completed in the coming week….
Orla tumbles on Mexico mine halt
Orla Mining (TSX: OLA; NYSE: ORLA) stopped pit‑mining activities at its Camino Rojo oxide mine in central Mexico after heavy rains triggered a wall failure. The stock plunged. The incident took place early…