Newmont sells Ontario mine to Orla for $850 million
The addition of the Musselwhite mine to its portfolio more than doubles Orla Mining's gold output to 300,000 ounces per year.
Peru’s President Alan Garcia Perez and the Ministry of Energy and Mines have suspended mining concessions in several of the nation’s provinces for the next 12 months.
The President of the Council of Ministers Rosario Fernandez Figueroa said a multi-sectoral commission has been appointed to study and propose reforms regarding mining concessions.
