Orla Mining (TSE:OLA) has released an update.
Orla Mining Ltd. reported a robust start to 2024 with its Camino Rojo Oxide Mine producing over 33,000 ounces of gold in the first quarter, alongside maintaining a strong financial position with a net cash of $29.7 million and a total liquidity of nearly $180 million. The company also announced a conflict with the Panamanian government, filing a Notice of Intent to Arbitrate after Panama enacted laws that have impacted the Cerro Quema Project, including the retroactive cancellation of mining concessions.
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