Orla Mining Ltd. Q2 2025 Earnings Recap

Orla Mining reported a record quarter driven by strong production from Musselwhite, although operational challenges at Camino Rojo led to a revision of gold production guidance for 2025.

Key Takeaways

• Achieved production of 25,145 ounces from Camino Rojo and nearly 53,000 ounces from Musselwhite, contributing to $264 million in revenue.
• Revised 2025 production guidance lowered to 265,000 to 285,000 ounces of gold due to material movement event at Camino Rojo, impacting cost projections.
• Net income for the quarter reached $48 million, with adjusted earnings per share at $0.20, reflecting strong operational cash flow of $103 million.
• Continued progress on the South Railroad project with expected notice of intent publication in the coming weeks.