M&A Deal Summary

Orla Mining Acquires Newmont Mining - Musselwhite Operation

On November 20, 2024, Orla Mining acquired metals/mining company Newmont Mining - Musselwhite Operation for 850M USD

Acquisition Highlights
  • This is Orla Mining’s 1st transaction in the Metals/Mining sector.
  • This is Orla Mining’s largest (disclosed) transaction.
  • This is Orla Mining’s 1st transaction in Canada.
  • This is Orla Mining’s 1st transaction in Ontario.

M&A Deal Summary

Date 2024-11-20
Target Newmont Mining - Musselwhite Operation
Sector Metals/Mining
Buyer(s) Orla Mining
Deal Type Divestiture
Deal Value 850M USD

Target

Newmont Mining - Musselwhite Operation

Ontario, Canada
Newmont Mining's Musselwhite Operation is a gold mines.

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Buyer(S) 1

Buyer

Orla Mining

Vancouver, British Columbia, Canada

Category Company
Founded 2007
Sector Metals/Mining
Employees327
Revenue 234M USD (2023)
DESCRIPTION

Orla Mining acquires, develops, and operates mineral properties where the Company’s expertise can substantially increase stakeholder value. The Company has two material gold projects: (1) Camino Rojo, located in Zacatecas State, Mexico and (2) South Railroad, located in Nevada, United States. Orla Mining was founded in 2007 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1