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Money Talk

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Orla Mining Targets Growth as Second-Quarter Output Climbs

With production hitting 88,265 ounces of gold, Vancouver-based Orla Mining is accelerating toward a transformative merger with Equinox Gold. The company confirmed this week that its operations, bolstered by strong performance at the Musselwhite mine in Ontario, remain on schedule to finalize the deal within the third quarter.

Orla Mining Targets Growth as Second-Quarter Output Climbs

The company’s latest report shows a significant jump from the 77,811 ounces recorded during the same period last year. This momentum brings the total output for the first half of 2024 to 169,471 ounces, keeping the miner firmly on track to meet its annual guidance of 340,000 to 360,000 ounces.

Since announcing the merger agreement in May, both firms have positioned the deal as a strategic move to establish a dominant North American gold producer. Upon completion of the acquisition, the consolidated entity will operate under the Equinox Gold brand to streamline future expansion efforts.

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