Orla Mining’s Camino Rojo Underground to Produce 215,000oz/y Gold - Mexico Business News

Orla Mining’s Camino Rojo underground is flagged to produce ~215 koz/year, which is material at the company level and relevant to medium-term gold supply expectations. The key for pricing is whether the expansion is funded and on schedule; for flows, a larger producer profile can increase structured hedging/financing-linked forward sales. Monitor permitting, capex intensity, and AISC targets—Mexico cost inflation and security/political risks can shift the realized supply curve. Net: supportive for Orla equity and adds incremental future supply, modestly bearish for gold at the margin if replicated broadly.