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Newmont to sell Musselwhite mine in Ontario
Newmont inks deal to sell northwestern Ontario gold mine
VANCOUVER — Orla Mining Ltd. has signed a deal to buy the Musselwhite gold mine in Ontario from Newmont Corp. Under the deal, the company will pay US$810 million plus up to an additional US$40 million, depending on the price of gold after the deal closes.
Newmont to sell Musselwhite mine in Ontario to Orla for up to $850M
Newmont (NYSE:NEM) said Monday it agreed to sell its Musselwhite gold mine in Ontario from Orla Mining (ORLA) for as much as $850M, comprised of an up-front cash consideration of $810M and a gold-price linked contingent consideration of $40M.
The Daily Chase: Orla to buy Ontario gold mine for up to $850M
Orla aren’t the only ones who are bullish on the gold sector. Strategists at Goldman Sachs listed bullion among their list of the top commodities picks for 2025. “Go for gold,” Goldman said in a note to clients,
Orla Mining Shares Rise After Agreeing to Acquire Gold Mine in Ontario
Shares of Orla Mining jumped after it said it will buy a gold mine in Ontario from Newmont for up to $850 million, setting the stage for nearly double the gold output. Shares recently traded 9.9% higher at 6.
Orla Mining to buy Newmont's Ontario mine in $850 million deal
Orla Mining will buy the Musselwhite Gold Mine in Ontario from Newmont in a deal valued at $850 million that will help more than double its production of the precious metal, the Canadian miner said on Monday.
Orla Mining signs deal to buy Musselwhite gold mine in Ontario from Newmont
Orla Mining Ltd. has signed a deal to buy the Musselwhite gold mine in Ontario from Newmont Corp. Under the deal, the company will pay US$810 million plus up to an additional US$40 million, depending on the price of gold after the deal closes.
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