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Newmont Selling Canadian Gold Mine to Orla Mining
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.
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.
Newmont Sells Canadian Gold Mine for $850 Million in Latest Deal
Newmont Corp. agreed to sell its Musselwhite gold mine in Ontario to Orla Mining Ltd. for up to $850 million as part of a divestment campaign designed to boost shareholder returns.Most Read from BloombergIn Cleveland,
Northern Ontario Business
1d
Musselwhite Mine has a new owner
Musselwhite Mine in northwestern Ontario finally has a new owner. Denver-based Newmont is selling Musselwhite to Vancouver’s ...
Tbnewswatch
1d
Musselwhite gold mine changing hands
THUNDER BAY — Northwestern Ontario's Musselwhite gold mine is coming under new ownership. Orla Mining Ltd., a Canadian ...
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 ...
Business Insider
1d
Orla Mining Expands with Musselwhite Gold Mine Acquisition
Orla Mining (TSE:OLA) has released an update. Don't Miss our Black Friday Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make ...
1d
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.
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