Orla produces 25,672 gold ounces in second quarter, maintains its annual guidance

Kitco Media
By Vladimir Basov
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Orla Mining (TSX: OLA) announced Monday that its Camino Rojo mine in Mexico produced 25,672 ounces of gold in Q2 2022, and 48,704 ounces year to date.

The company said that Camino Rojo’s processing throughput for the second quarter averaged 18,245 tonnes per day, exceeding nameplate capacity of 18,000 tonnes per day.

Commercial production at the Camino Rojo oxide mine was declared effective April 1, 2022.

Importantly, Orla added that its gold production guidance for the full year 2022 is maintained at 90,000 to 100,000 ounces.

Orla is operating the Camino Rojo oxide gold mine, a gold and silver open-pit and heap leach mine, located in Zacatecas State, Central Mexico. The property is 100% owned by Orla and covers over 160,000 hectares.


Fortuna increases gold production 100% in second quarter, on track to meet annual guidance

Kitco Media

Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.