CA - Orla Mining says on track to reach full-year gold production target

2023-07-12 13:56:30 ET

Orla Mining ( NYSE: ORLA ) +5.3% in Wednesday's trading after reporting its Camino Rojo oxide mine produced 29,058 oz of gold in Q2, and said it remains on track to meet FY 2023 gold production guidance of 100K-110K oz.

Orla ( ORLA ) said it mined 1.78M metric tons of ore in the quarter and processed 1.73M tons, and its average gold grade mined in the quarter was 0.76 g/ton.

YTD, the company mined 3.73M metric tons of ore and processed 3.37M tons, and its average gold grade mined in H1 was 0.74 g/ton.

More on Orla Mining:

• Financial and valuation comparison to sector peers
• Analysis: Orla Mining: Another Blowout Quarter In Q1
• Stock price return: Up 4.5% YTD, up 65.5% in the past 12 months

For further details see: