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Newmont to sell Musselwhite mine in Ontario

Investing News Network on MSN · 8h

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.

YAHOO!Finance · 1d

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.

Seeking Alpha on MSN · 1d

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 $850M, comprised of an up-front cash consideration of $810M and a gold-price linked contingent consideration of $40M.

Northern Ontario Business1d

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 ...

8h

CEO sees expansion in Musselwhite mine’s future

The president and CEO of Orla Mining, the Musselwhite gold mine’s new owner, says expansion is likely in the mine’s future.

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 ...

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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