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Orla Mining stock up 10% post-Musselwhite acquisition by Dec 31, 2024?
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Story
Orla Mining to Acquire Newmont's Musselwhite Gold Mine in Ontario for Up to US$850 Million
Nov 18, 2024, 02:28 PM
Orla Mining Ltd. has agreed to purchase Newmont Corp.'s Musselwhite gold mine in Ontario for up to US$850 million. The acquisition is part of Newmont's divestment campaign aimed at boosting shareholder returns. The deal, which involves a cash payment of $810 million, follows Newmont's $19.5 billion acquisition of another major gold producer last year.
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