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Orla Mining closes Gold Standard purchase

August 15, 2022August 15, 2022 NAM Staff

Canadian-based Orla Mining has completed the previously announced acquisition of Gold Standard Ventures by way of court-approved plan of arrangement. “The closing of this acquisition marks an important milestone in Orla’s journey in becoming a growth-oriented, low-cost, mid-tier gold producer,” said Jason Simpson, president and chief executive officer of Orla Mining. “We will seek to generate shareholder value through effectively…

Alamos Gold starts production at La Yaqui Grande

June 21, 2022June 21, 2022 NAM Staff

Alamos Gold has begun initial gold production at its La Yaqui Grande mine in Mexico, following the completion of construction earlier this month – ahead of schedule. The Canadian-based gold producer said a total of 991 ounces of gold were produced from the initial pour. La Yaqui Grande is expected to produce approximately 3,000 oz. in June, which Alamos said…