Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Production / Operations Routine +

Orla Mining Reports First Quarter 2026 Gold Production

OLA · Price

Executive Summary

  • Orla Mining reported Q1 2026 gold production and confirmed it remains on track to meet full-year consolidated gold production guidance of 340,000–360,000 ounces.
  • Total gold produced for the quarter was 81,206 oz, with total gold sold at 81,540 oz.
  • The company successfully secured the environmental permit (MIA) from SEMARNAT for the Camino Rojo Mine, granting all necessary permits to mine the remainder of the oxide open-pit and layback area.

Key Details

Consolidated Production & Sales * Total Gold Produced: 81,206 oz * Total Gold Sold: 81,540 oz

Musselwhite Operations (Canada) * Ore Milled: 332,822 tonnes * Mill Head Grade: 6.29 g/t gold * Gold Recovery: 95.91% * Gold Produced: 62,985 oz * Gold Sold: 64,104 oz * Lateral Development: 3,437 metres completed (including 367m for the 1080 exploration drift) * Drilling Completed: 2,300m reserve, 9,200m resource, 5,300m deep directional, and 2,700m brownfields.

Camino Rojo Operations (Mexico) * Ore Mined: >2,024,832 tonnes * Waste Mined: ~2,326,082 tonnes * Implied Strip Ratio: 1.15 * Ore Stacked: 1,828,000 tonnes * Average Stacked Ore Grade: 0.59 g/t gold * Average Daily Stacking Rate: ~20.3 thousand tonnes * Gold Produced: 18,221 oz * Gold Sold: 17,436 oz

Liquidity Position (as of March 31, 2026) * Cash Position: $427.3 million * Debt: $331.3 million * Net Cash: $96.0 million

Notable Quotes

  • Jason Simpson, President and CEO: "2026 was always going to be a catalyst-rich year... We delivered the updated feasibility study at South Railroad, completed the PEA for the Camino Rojo underground project, secured the final permits for the open-pit expansion, delivered exciting exploration results in Canada, and generated strong production start from both our sites."
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