Orla Mining (ORLA) Company Report

Fairfax Financial Holdings Limited sold 25,000,000 common shares of Orla Mining Ltd. at CDN$17.6435 per share, generating approximately CDN$441.1 million (US$316.1 million) in proceeds.
The sale, which occurred on December 5, 2025, was conducted by Fairfax to rebalance its investment portfolios.
Following the transaction, Fairfax's beneficial ownership in Orla decreased from approximately 16.7% to 9.4% on a non-diluted basis, and from 26.3% to 19.8% on a partially-diluted basis.

2 days ago

Press Release

Orla Mining Announces Inaugural Dividend and Quarterly Dividend Program

ORLA

Dividends

New Projects/Investments

Orla Mining Ltd. has declared an inaugural quarterly cash dividend of US$0.015 per common share.
The dividend is payable on February 10, 2026, to shareholders of record as of January 12, 2026.
The company's Board of Directors has approved a policy to pay a regular quarterly dividend of US$0.015 per share, equating to US$0.06 per share annually.
This dividend policy reflects the company's strong financial strength and commitment to returning capital to shareholders, while also funding the South Railroad Gold Project and other growth initiatives.
Based on the December 3, 2025 closing share price of US$13.35, the implied forward annualized dividend yield is 0.45%.

4 days ago

6-K

Orla Mining Reports High-Grade Oxide Gold Discoveries and South Railroad Project Advancement

ORLA

New Projects/Investments

Orla Mining announced significant high-grade oxide gold discoveries from its 2025 exploration program at the South Carlin Complex in Nevada, including 67.1 metres at 1.06 g/t Au (oxide) at Pinion and 22.6 metres at 5.65 g/t Au (oxide) at Dark Star, reinforcing resource growth potential.
The South Railroad Project, located within the South Carlin Complex, is progressing towards an optimized feasibility study in early Q1 2026, with construction expected to commence mid-2026 and first production planned for 2028.
The South Carlin Complex currently hosts 1.604 Moz in reserves and 1.753 Moz in resources, supporting a projected eight-year mine life based on the 2022 Feasibility Study.
The 2026 exploration budget is anticipated to remain at similar levels to 2025, with a focus on near-pit extensions and advancing new targets.

5 days ago

6-K

Orla Mining Reports Q3 2025 Financial Results with Record Free Cash Flow

ORLA

Earnings

Guidance Update

New Projects/Investments

Orla Mining Ltd. reported record free cash flow of $93.1 million for the third quarter of 2025, with revenue of $275.0 million, net income of $49.3 million ($0.15 per share), and adjusted earnings of $73.0 million ($0.22 per share).
The company achieved record gold production of 79,645 ounces and gold sold of 78,857 ounces in Q3 2025, at an all-in sustaining cost (AISC) of $1,641 per ounce of gold sold.
Despite a pit wall event at Camino Rojo in July, Orla reaffirmed its revised 2025 guidance for gold production of 265,000 to 285,000 ounces and AISC of $1,350 to $1,550 per ounce of gold sold.
As of September 30, 2025, Orla's financial position included $326.9 million in cash and $356.9 million in liquidity, with $93.1 million in net debt.

Nov 12, 2025, 11:53 AM

6-K

Orla Mining Ltd. Reports Q3 2025 Financial and Operational Results

ORLA

Earnings

Guidance Update

New Projects/Investments

Orla Mining Ltd. reported Q3 2025 gold production of 79,645 ounces and revenue of $275.0 million.
Net income for Q3 2025 was $49.3 million or $0.15 per share, with adjusted earnings of $73.0 million or $0.22 per share.
The all-in sustaining cost (AISC) for Q3 2025 was $1,641 per ounce of gold sold.
As of September 30, 2025, the company had $326.9 million in cash and $93.1 million in net debt.
Following a pit wall event in July, Orla updated its annual consolidated guidance to 265,000 to 285,000 ounces of gold production and AISC of $1,350 to $1,550 per ounce of gold sold, which it is on track to achieve.

Nov 12, 2025, 11:11 AM

6-K

Orla Mining Reports Q3 2025 Gold Production and Liquidity Update

ORLA

Guidance Update

Earnings

Orla Mining Ltd. reported total gold production of 79,645 ounces and total gold sold of 78,857 ounces for the third quarter ended September 30, 2025.
The company is on track to achieve its revised annual consolidated production guidance of 265,000 to 285,000 ounces of gold for 2025.
This revised guidance, updated on August 5, 2025, followed an uncontrolled material movement at the Camino Rojo operation, adjusting Camino Rojo's annual gold production guidance to 95,000-105,000 ounces and consolidated guidance to 265,000-285,000 gold ounces.
As of September 30, 2025, Orla's liquidity position included cash of $326.9 million and debt of $420.0 million, resulting in a net debt of $93.1 million.

Oct 14, 2025, 11:42 AM

6-K

Orla Mining Announces Significant Gold Exploration Success at Musselwhite Mine

ORLA

New Projects/Investments

Revenue Acceleration/Inflection

Orla Mining Ltd. has discovered a potential two-kilometre extension of the main gold trend at its Musselwhite Mine, with deep directional drilling confirming high-grade gold mineralization 1.6 kilometres along strike from current operations, including 4.1 metres at 15.1 g/t Au.
This discovery indicates substantial potential to extend the mine life and increase production from Musselwhite, which currently holds 1.5 million ounces of proven and probable reserves and has produced over 6 million ounces of gold.
The company's $25 million two-year exploration program, initiated in February 2025, is approximately 65% complete for 2025, with underground drilling yielding high-grade intersections such as 10.1 metres at 27.2 g/t Au.

Oct 6, 2025, 11:48 AM

6-K

Orla Mining Announces Resignation of Newmont Nominee from Board

ORLA

Board Change

Scott Langley, Newmont Corporation's nominee, has resigned from Orla Mining Ltd.'s Board of Directors, effective immediately.
This resignation follows the termination of Newmont's investor rights agreement with Orla, which occurred after Newmont's recent disposition of its common shares in the company.
Orla's Board of Directors does not intend to make any further changes to its composition at this time.

Sep 24, 2025, 10:43 AM

6-K