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Orla to buy Musselwhite for US$810M

Orla takes growth step

Paul Harris
Operating on the southern shores of Opapimiskan Lake, Newmont Musselwhite has performed reliably for over a quarter century. In 2022, the site produced 173,000 ounces of gold, with just under 2 million ounces in reserve at year-end.

Musselwhite in Ontario, Canada | Credits: Newmont

Orla Mining has agreed to buy the Musselwhite gold mine in Ontario, Canada, from Newmont for US$810 million in cash and possibly an additional $40 million, depending on the gold price. An additional...

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