07:59 AM EDT, 08/05/2025 (MT Newswires) -- Orla Mining ( ORLA ) was at last look up 0.4% in US premarket trade Tuesday even as it cut its 2025 production guidance after the recent pit wall event at the Camino Rojo mine in Mexico.

The company outlined a revised gold production guidance of 265,000 to 285,000 ounces, down from the previous target of 280,000 to 300,000 ounces.

Orla also set a new cash cost guidance range of $900 to $1,100 per ounce and all-in sustaining cost guidance range of $1,350 to $1,550 per ounce, all up from the initial guidance.

The company said it is working to re-establish safe working conditions in the affected area.

"While the north wall event at Camino Rojo was a temporary setback, it has reinforced the importance of our pit wall monitoring, technical planning, risk management, and operational discipline," said Jason Simpson, Orla's president and CEO. "The team onsite acted quickly before the event to ensure safety."