A Canadian government publication incorrectly stated that the Shibogama First Nations Council was considering purchasing the Musselwhite gold mine, causing confusion for investors and owner Orla Mining Ltd. The publication has since been quietly updated after Orla Mining, which bought the mine in 2025, clarified it had no intention of selling. The First Nations council confirmed they had considered purchasing the mine in 2024 but decided not to proceed.
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Misleading government publication causes confusion for investors over future of Musselwhite gold mine
A Canadian government publication incorrectly stated that the Shibogama First Nations Council was considering purchasing the Musselwhite gold mine, causing confusion for investors and owner Orla Mining Ltd. The publication has since been quietly updated after Orla Mining, which bought the mine in 2025, clarified it had no intention of selling. The First Nations council confirmed they had considered purchasing the mine in 2024 but decided not to proceed.