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Orla Mining Up on Deal for Ontario Gold Mine
Orla to Buy Musselwhite Gold Mine from Newmont for US$850 Million
Orla Mining (TSX:OLA,NYSEAMERICAN:ORLA) has entered into a definitive deal to buy the Musselwhite gold mine from Newmont (TSX:NGT,NYSE:NEM), positioning the company to more than double its annual gold production.
Newmont to sell Ontario gold mine to Orla Mining for up to $850M
Newmont agrees to sell Musselwhite mine in Ontario for up to $850M to Orla Mining, as part of its asset divestment strategy.
Orla signs $850m deal to acquire Musselwhite Gold Mine from Newmont
This acquisition is set to significantly expand Orla's gold production capabilities and enhance its free cash flow.
1d
'This predictable cycle of investors returning' — Orla spends $850 million on Ontario gold mine
Orla chief executive Jason Simpson said he thinks investors are still overlooking the gold mining industry in favour of the ...
1d
on MSN
Newmont to sell Musselwhite mine in Ontario to Orla for up to $850M
Newmont (NYSE:NEM) said Monday it agreed to sell its Musselwhite gold mine in Ontario from Orla Mining (ORLA) for as much as ...
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