Will the merger of Orla with Equinox Gold go through? I suppose it will because both parties must have been aware of these issues in Mexico as they are not newly developed.
The main issue with Orla Gold in Mexico is related to labor rights violations at the Camino Rojo mine. A USMCA Rapid Response Labor Mechanism panel found a severe denial of labor rights, including interference in union activities, coercion, and intimidation. The panel proposed nine remedial measures, including reinstatements, compensation, and a public apology. Orla Mining has been working to implement these measures and has engaged with government authorities to address the Panel's recommendations. However, the situation has also led to a temporary suspension of operations at the mine due to a worker blockade, which has raised concerns about the company's ability to maintain production targets and safeguard shareholder value.Meanwhile, I am a small shareholder of the combined company and am fairly confident that these issues can be quickly resolved.
