Orla Mining Ltd. filings document a Canadian foreign private issuer reporting on gold mining operations, project development, governance and capital structure. Its Form 6-K reports include interim consolidated financial statements, MD&A, certifications, press releases, meeting notices and exhibits incorporated by reference into registration statements.
The disclosures describe production and sales from Musselwhite and Camino Rojo, all-in sustaining costs, exploration and project expenditures, cash, debt, derivatives and liquidity. They also record technical reports and permitting for Camino Rojo, exploration results at Musselwhite, South Railroad project activity, common-share voting mechanics and labour-rights compliance actions at Camino Rojo.
Equinox Gold and Orla Mining have agreed to an all-share business combination that will create a new North American senior gold producer with an implied market capitalization of $18.5 billion. Orla shareholders will receive 1.00 Equinox share plus $0.0001 in cash for each Orla share.
The combined company expects to produce about 1.1 million ounces of gold in 2026, with a stated path to more than 1.9 million ounces from North American growth projects. It will hold 22.7 million ounces of Proven & Probable Mineral Reserves and target $3.4 billion EBITDA and $1.4 billion free cash flow in 2026, based on analyst consensus. Closing is subject to shareholder, court, and regulatory approvals and is targeted for Q3 2026.
Orla Mining Ltd. reported a strong first quarter of 2026, driven mainly by the Musselwhite mine. Gold production rose to 81,206 ounces and gold sales of 81,540 ounces generated revenue of $378.9 million. Net income was $75.4 million, or $0.22 per share, while adjusted earnings reached $134.7 million, or $0.39 per share.
All-in sustaining costs were $1,668 per ounce of gold sold, and the company reiterated that it is on track to meet full-year production and cost guidance. Orla ended the quarter with cash of $427.3 million and net cash of $96.0 million, providing liquidity of $517.3 million. The board approved a quarterly dividend of $0.015 per share.
Growth projects advanced meaningfully. The South Railroad Project feasibility study outlined an NPV (5%) of $1.7 billion and a 95% IRR at $4,500/oz gold, supporting plans to start construction in mid-2026. At Camino Rojo, a positive underground PEA and newly granted Mexican environmental permit support transitioning toward a larger-scale, long-life sulphide operation, while ongoing exploration at Musselwhite continues to confirm high-grade extensions that could support future resource growth and mine life extension.
Orla Mining Ltd. reported sharply stronger Q1 2026 results, driven by first full quarter contribution from the Musselwhite Mine and steady output from Camino Rojo. Revenue rose to $378.9 million with gold production of 81,206 ounces and net income of $75.4 million, or $0.22 per basic share, compared with a loss a year earlier.
Cash flow from operations was $112.4 million, helping lift cash to $427.3 million and net cash to $96.0 million despite ongoing capital spending at Musselwhite, South Railroad and Camino Rojo. All-in sustaining cost increased to $1,668 per ounce as the company integrated Musselwhite and advanced growth projects.
Strategically, Orla advanced several key initiatives: it received an environmental permit to expand the Camino Rojo open pit, progressed a preliminary economic assessment and approved a $20 million 2026 budget for the Camino Rojo underground decline, and released an updated feasibility study for the South Railroad Project showing an after-tax NPV (5%) of $783 million and a 48% IRR at $3,100 per ounce gold. Management expects South Railroad to become a third operating mine following final permits anticipated in Q3 2026, while continued exploration at Musselwhite is targeting resource growth and longer mine life.
Orla Mining Ltd. has scheduled its Annual General and Special Meeting of security holders as a virtual meeting on June 16, 2026. Shareholders of record on May 8, 2026 are entitled to receive notice of the meeting, vote, and be counted for beneficial ownership purposes.
The company will not use notice-and-access for either beneficial or registered holders. It will not send proxy-related materials directly to non-objecting beneficial owners, but will pay for delivery of materials to objecting beneficial owners. Common shares are identified under CUSIP 68634K106 and ISIN CA68634K1066.
Orla Mining Ltd. reported a strong operational start to 2026, producing 81,206 ounces of gold in the first quarter and confirming it remains on track to meet its full-year guidance of 340,000–360,000 ounces.
At the Musselwhite underground mine in Canada, 332,822 tonnes of ore were processed at a high head grade of 6.29 g/t, yielding 62,985 ounces of gold with 95.91% recovery. Camino Rojo in Mexico produced 18,221 ounces, stacking 1,828,000 tonnes of ore at 0.59 g/t gold.
Orla ended March 31, 2026 with cash of $427.3 million and debt of $331.3 million, for a net cash position of $96.0 million, up from $35.8 million at December 31, 2025. Management highlighted multiple milestones across its portfolio, including study work, permitting and exploration, and plans to release detailed Q1 2026 financial results in early May.
Orla Mining Ltd. has scheduled its upcoming annual general and special meeting of security holders. The record date for notice of meeting, voting, and beneficial ownership determination is May 8, 2026. The meeting will be held as a virtual meeting on June 16, 2026.
The company will send proxy-related materials directly to non-objecting beneficial owners and will pay for delivery to objecting beneficial owners. The meeting concerns holders of Orla Mining’s common shares listed on the New York Stock Exchange.
Orla Mining Ltd. reports strong exploration results at its Musselwhite underground gold mine, indicating significant potential to expand resources and extend mine life. Directional surface drilling has confirmed that the Lynx (upper) and PQ Extension (lower) zones form stacked, continuous high-grade horizons extending at least two kilometres down plunge beyond current operations.
The deep directional program, started in late May 2025, has completed 17,668 metres in 16 holes, with standout intercepts such as 4.7 metres at 11.9 g/t gold and multiple narrower intervals grading above 10 g/t. Underground drilling is focused on Lynx, PQ Extension, West Limb and Redwings, with 14,427 metres drilled in 45 holes since December 2025 and numerous high-grade hits, including 3.6 metres at 21.2 g/t and 3.5 metres at 27.5 g/t.
Near-mine surface drilling at the Camp Bay target, totalling 2,652 metres in 16 shallow holes, has intersected broad, shallow mineralization, including 37.4 metres at 1.84 g/t and 23.3 metres at 1.13 g/t, supporting satellite discovery potential near existing infrastructure. Orla is also compiling regional data across its 65,000-hectare Musselwhite land package to prioritize belt-scale targets, with all results to feed into a planned year-end 2026 Mineral Resource update.
Orla Mining reported a strong fourth quarter and a transformative 2025, driven by the Musselwhite acquisition and solid performance at Camino Rojo. For 2025, the company produced 300,620 ounces of gold and generated revenue of $1,057.9M.
Net income for the year was $106.9M, while adjusted earnings reached $318.9M, or $0.97 per basic share. Free cash flow was a record $680.8M, including $360.8M from a gold prepay arrangement, supporting a self-funded growth strategy.
Cash and cash equivalents rose to $420.8M with net cash of $35.8M, compared with net debt a year earlier. Orla exceeded its revised 2025 production guidance, kept cash costs and AISC within guided ranges, and modestly underspent its capital budget.
Operationally, Musselwhite delivered 203,856 ounces in 2025 and showed strong reserve and resource growth, while Camino Rojo remained resilient after a pit wall event and received key Mexican permits to expand the oxide pit and advance the underground project. For 2026, Orla guides consolidated gold production of 340,000–360,000 ounces with all-in sustaining costs of $1,550–$1,750 per ounce and plans $430M of capital spending, largely on Musselwhite and the South Carlin Complex, including the South Railroad development.
Orla Mining Ltd. files its Annual Report on Form 40-F registering its common shares (trading as ORLA on NYSE American) and states 340,136,534 common shares outstanding as of the close of the period covered by the annual report. The filing incorporates the Annual Information Form, MD&A and audited consolidated financial statements for the years ended December 31, 2025 and 2024.
Management reports that disclosure controls and internal control over financial reporting were effective as of December 31, 2025, and Deloitte LLP provided an attestation. The company excluded Musselwhite Mine Ltd. from the control assessment; on a consolidated basis MML represented approximately 30% and 32% of net and total assets, respectively, 69% of revenues and 185% of net income. The report contains standard forward-looking statements and a cautionary note regarding Canadian vs U.S. mineral disclosure standards.