bullish
We unpack 2 North American Deals
SUMMARY
- Orla Mining acquired by Newmont in $850 million deal with production assets in Mexico and development assets in the United States
- Orla Mining has strong shareholder support including PL mining 10% of the company, Fairfax, Newmont, and Agnico
- Muscle White mine in Canada has a 6.23 grams per tonne reserve grade with a reserve life until 2030, operating at 1 million tonnes per annum with high recoveries and FIFO operated mine with camp upgrades in progress
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