Orla Mining closes Gold Standard purchase

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…

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Camino Rojo declares commercial production

Canadian producer Orla Mining has announced commercial production has started at its Camino Rojo oxide gold operation in the Zacatecas state, Mexico. The declaration comes after the operation completed a successful commissioning period, including the ramp-up of mining and processing to sustained throughput levels in excess of 75% of its designed nameplate capacity of 18,000 tonnes per day.  “All major…

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