Orla Mining to Acquire Musselwhite Gold Mine for $810 Million, Doubling Production Capacity

Orla Mining has entered a definitive agreement to acquire the Musselwhite Gold Mine from Newmont for $810 million (C$1.14 billion) in upfront cash, with an additional $40 million contingent on future gold prices. This transformative acquisition is set to significantly enhance Orla’s gold production and free cash flow, marking a pivotal step in the company’s…

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Magnesium-Mining

Most commonly used metal – Magnesium

Magnesium is the third most used metal, following iron and aluminium. Magnesium derives its name from magnesite, a magnesium carbonate mineral, and this stone in turn is told to owe its name to magnesite dumps found in Magnesia, a region in the antique Greek region of Thessaly. The British chemist Humphry Davy is said to…

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