Orla Mining (ORLA) Records Quarterly Gold Output, Eyes 2025 Exploration

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Apr 14, 2025
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  • Orla Mining's Q1 gold production hit a record high of 47,759 ounces.
  • Shares of Orla Mining (ORLA, Financial) increased by 3.7% following this achievement.
  • The company is well-positioned to meet its 2023 production target of 110,000 to 120,000 ounces.

Orla Mining's Q1 Gold Production Milestone

Orla Mining (ORLA) experienced a notable 3.7% increase in its stock price after announcing an impressive milestone in its gold production efforts. The company reported a record-breaking quarterly production of 47,759 ounces of gold in the first quarter, setting a strong foundation for the year.

Path to Meeting 2023 Production Goals

With robust operations at its two key sites, the Camino Rojo mine and the recently acquired Musselwhite operation, Orla Mining is on track to achieve its ambitious 2023 gold production target, ranging between 110,000 and 120,000 ounces. This strategic progress underlines the company's commitment to enhancing shareholder value through increased production and operational efficiency.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.