Orla Mining
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Orla tables updated feasibility for Camino Rojo with increased reserves, longer mine life
Orla Mining has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase in reserves and a 3.5-year mine life extension for the operation, which is currently…
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Maverix to acquire preproduction gold royalty portfolio from Newmont
Gold-focused royalty and streaming company Maverix Metals has entered into a binding agreement with Newmont to acquire a portfolio of 11 gold royalties on preproduction assets in the Americas. In exchange for the portfolio, Maverix will issue 12 million common…
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MINING PEOPLE: Artemis, Candente Copper, Orla, South32 and Trilogy, Western Pacific
Management appointments announced this week include: Following its acquisition of the Blackwater project, Artemis Gold has announced senior-level additions to its team. Nick Campbell is now VP of capital markets, Klaus Popelka has been named manager of resource geology and Ryan Todd is…
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Mexican gov’t greenlights Orla Mining’s Camino Rojo
Mexico has approved the environmental impact statement (EIS) for Orla Mining’s (TSX: OLA) Camino Rojo oxide gold project in Zacatecas state — clearing the way for mine construction to start. The approval from the Mexican Federal Environmental Department (Semarnat) also satisfies…
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MINING PEOPLE: Cascadero Copper, Crystal Lake Mining, Margaux, Mason Graphite, Orla
Management moves announced this week include: Greg Gibson has resigned as the president, CEO, director and chairman of Bonterra Resources. Cesar Gonzalez has been appointed as chairman of the board. In addition, Normand Champigny has been named an independent non-executive…
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MINING PEOPLE: Lucara, McEwen Mining, OceanaGold, Orla, Osisko, SRG
David Guerrero has been selected as the Argentine country manager for Alpha Lithium; Brad Nichol is now the company’s CEO and president. Darryl Jones has resigned as president and CEO but will remain on the company’s board. Karim Nasr is…
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Orla Mining advances Camino Rojo project in Mexico
Over the last month, Orla Mining (TSX: OLA) has completed two deals that help pave the way for developing its Camino Rojo gold project in Mexico’s Zacatecas state, 50 km southeast of Newmont’s (NYSE: NEM) Penasquito mine. On March 26, the company unveiled…
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Mixed messages in Mexico
Despite Almaden lawsuit, the country retains its mining friendly reputation
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Orla completes study on Camino Rojo in Mexico
Orla Mining’s (TSX: OLA) Camino Rojo open pit project in Zacatecas, Mexico, would produce 97,000 oz. gold annually over seven years and could be built for US$123 million, a new feasibility study concludes. The study envisions a simple heap leach…
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MINING PEOPLE: Jaxon Mining, Orla Mining and Prize Mining
Vancouver-based Jaxon Mining has named John King Burns as CEO. He previously served as the lead director and chairman of the company’s board. He will retain his role as chairman. Former president and CEO Jason Cubitt has resigned. Effective Nov.…
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Orla Mining drills Cerro Quema in Panama
With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines(9.9%), Orla Mining (TSXV: OLA) isn’t your typical Toronto Venture Exchange listed junior. Management and insiders own another 7.1% of the company, and Orla’s directors, like Chuck Jeannes, Richard Hall and Jean Robitaille, among…
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Gold: Orla Mining buys Camino Rojo project in Mexico
British Columbia – Goldcorp has agreed to sell its Camino Rojo project in Zacatecas, Mexico, to Vancouver-based Orla Mining. The gold and silver oxide heap leach project holds historic reserves of 1.7 million oz. gold and historic resources of 4…
