Orla Mining completed the acquisition of Gold Standard Ventures for $187m.

Orla Mining, a mineral exploration company, completed the acquisition of Gold Standard Ventures, a gold exploration company, for $187m. "This acquisition advances our strategy of creating stakeholder value through responsibly building and operating a portfolio of high-margin, cash-generating assets with superior geological prospectivity. The South Railroad Project is analogous to our recently completed Camino Rojo mine – a low capital intensity, open pit, heap leach project in a desirable location with exploration upside. We have the team, partners, and financial resources to develop this quality asset and we are ready to go," Jason Simpson, Orla Mining CEO.