'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 returns being generated by Big Tech and other sectors, but he thinks gold miners are on the precipice of an inflow of investment given current gold prices.
Orla Mining Shares Rise After Agreeing to Acquire Gold Mine in Ontario
Shares of Orla Mining jumped after it said it will buy a gold mine in Ontario from Newmont for up to $850 million, setting the stage for nearly double the gold output. Shares recently traded 9.9% higher at 6.10 Canadian dollars ($4.33). The stock is up almost 40% this year.
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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Orla signs $850m deal to acquire Musselwhite Gold Mine from NewmontOrla Mining has finalised a definitive agreement to acquire the Musselwhite Gold Mine in Ontario from Newmont for $810m ...
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 ...
Vancouver-based Orla has agreed to pay US$810-million in cash to Newmont and up to US$40-million more contingent on gold ...
Orla Mining said Monday that it has agreed to acquire a gold mine in Ontario from Newmont for up to $850 million, setting the stage for nearly double the gold output. The Vancouver, British Columbia ...
Newmont Corp. agreed to sell its Musselwhite gold mine in Ontario to Orla Mining Ltd. for up to $850 million as part of a ...
Newmont Corp. is selling an Ontario, Canada gold mining operation to Vancouver-based Orla Mining Ltd. for up to $850 million.
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