Orla Mining Completes Acquisition of Musselwhite Gold Mine, Pledges Investment in Northern Ontario

3535
Goldcorp Musselwhite Mine. Image by Kevin Palmer ©2017 all rights reserved
Musselwhite Mine. Image by Kevin Palmer ©2017 all rights reserved

Orla Mining acquires Musselwhite Gold Mine, promising investment, job creation, and mine life expansion

KENORA – Orla Mining Ltd. has officially completed its acquisition of the Musselwhite Gold Mine from Newmont Corporation, marking a significant expansion of the company’s North American operations.

Orla Mining’s Vision for Musselwhite

With the acquisition finalized, Orla Mining President and CEO Jason Simpson emphasized the company’s commitment to local stakeholders in Northern Ontario.

“We will maintain all existing relationships and honour all contracts with First Nations partners, businesses, suppliers, and contractors,” Simpson stated. “To the Musselwhite employees, we are thrilled to welcome you to the Orla team. We are committed to investing in you and the operation for many years to come.”

Expansion Plans and Job Creation in Northwestern Ontario

The Musselwhite Mine, located on the shores of Opapimiskan Lake, has produced nearly six million ounces of gold over its 25-year history. Orla Mining sees strong potential for mine life extension and production growth.

“This acquisition more than doubles our annual gold production and strengthens our North American presence,” said Simpson. “We plan to expand exploration efforts, extend the mine life beyond seven years, and create new jobs in Northwestern Ontario.”

Andrew Cormier, Orla Mining’s Chief Operating Officer, highlighted the Musselwhite workforce as a key asset during the Prosperity Northwest conference in Thunder Bay earlier this year.

“We saw a fantastic workforce at Musselwhite,” Cormier said. “This was a strategic acquisition, and we believe in the mine’s geological potential.”

A Boost for Northwestern Ontario’s Mining Industry

Orla Mining’s investment in Musselwhite aligns with a growing recognition of gold as a critical asset, driving economic development, innovation, and employment in the region.

With exploration plans already in motion and a commitment to expanding production capacity, the acquisition is expected to bring immediate and long-term economic benefits to Northwestern Ontario.

Previous articleDalton Kasel and Cort McFadden Tie for Round 1 Win at PBR Unleash The Beast Event in North Little Rock, Arkansas
Next articleToys “R” Us Closing Thunder Bay Store as Part of Ontario-Wide Downsizing