Welcome to our dedicated page for Equinox Gold news (Ticker: EQX), a resource for investors and traders seeking the latest updates and insights on Equinox Gold stock.
Equinox Gold Corp. (EQX) is a Canadian gold mining company that regularly issues detailed updates on its operations, growth projects and financial performance. The EQX news feed on Stock Titan brings together these disclosures so readers can follow how the company’s gold production profile and asset base evolve over time.
Company news releases frequently cover quarterly and annual production results, including records achieved across the portfolio and at specific mines. Recent updates have highlighted ramp-up progress at the Greenstone Gold Mine in Ontario and the Valentine Gold Mine in Newfoundland & Labrador, as well as contributions from operations in the United States, Mexico, Brazil and Nicaragua. These releases often include commentary on mining rates, mill throughput, grades and commissioning milestones.
Equinox Gold’s news flow also addresses portfolio and corporate developments. Examples include the merger with Calibre Mining, the sale of non-core Nevada assets, and an agreement to sell its Brazil operations as part of a broader portfolio optimization strategy. The company uses its news releases to explain how such transactions affect its production platform, balance sheet and focus on long-life, lower-cost assets in selected jurisdictions.
Investors and followers of EQX can use this news page to review information on development and expansion projects, such as Castle Mountain Phase 2 in California, Phase 2 studies at Valentine and technical work at Los Filos in Mexico. Together with financial and operating updates, these items provide insight into Equinox Gold’s stated priorities of disciplined execution, operational excellence and long-term value creation. Bookmark this page to access the latest EQX production reports, project updates and transaction announcements in one place.
Equinox Gold Corp. announced record gold production for 2020, exceeding revised guidance with 477,200 ounces produced. This includes 136,400 ounces in Q4, aided by ramp-up at Castle Mountain. The company expanded its operations from two to seven mines, with an eighth under construction and the acquisition of Premier Gold Mines underway. Equinox Gold holds $345 million in cash and plans to produce over one million ounces annually. Full financial results will be released in March 2021, alongside 2021 production guidance.
Equinox Gold Corp. has successfully resolved the blockade at its Los Filos Mine in Mexico, restoring access to the site. The mine is initiating a staged restart, with full operations anticipated by January. Workers will return following negative COVID-19 tests. The company is actively engaging with community leaders to finalize aspects of the Carrizalillo social collaboration agreement, enhancing local relations and operational stability.
Equinox Gold Corp. (TSX: EQX) announced its acquisition of Premier Gold Mines Limited, solidifying its position as a key player in the Americas gold production sector. The agreement involves Premier spinning out a new US-focused gold company, i-80 Gold Corp., which will hold significant assets in Nevada. Equinox will gain a 50% interest in the Hardrock Project and the producing Mercedes Mine, enhancing its gold output. Shareholders will have a stake in both Equinox and i-80, with the transaction expected to close in Q1 2021 pending approvals.
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) has filed a National Instrument 43-101 Technical Report detailing the feasibility study and mineral reserve estimates for its Santa Luz Gold Mine in Bahia State, Brazil. The report follows the Board's approval of a $103 million construction budget with initial gold production targeted at 903,000 ounces over a 9.5-year mine life, based on a $1,500/oz gold price. The project has a projected after-tax NPV of $305 million and an IRR of 58%, with first gold pour expected in Q1 2022.
Equinox Gold Corp. (TSX: EQX; NYSE American: EQX) has achieved commercial production at its Castle Mountain Gold Mine in California. The company estimates production of 5,000 to 10,000 ounces of gold in 2020, with an average annual production of 40,000 ounces during the Phase 1 mine life. Equinox Gold is exploring a Phase 2 expansion potentially increasing production to 200,000 ounces per year, with a feasibility study due in Q1 2021. CEO Christian Milau emphasized the economic benefits for local communities and shareholders.
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) announced the suspension of preparations to restart mining at its Los Filos Mine in Mexico due to a blockade by members of the Carrizalillo community. The company is actively communicating with the community to seek a long-term resolution that enables mining operations to resume and continue providing benefits to employees and local partners. The press release emphasizes that forward-looking statements regarding the blockade's duration and resolution should be approached with caution due to uncertainties.
Equinox Gold Corp. (EQX) has received Board approval to start full construction of the Santa Luz Gold Mine in Brazil, with a budget of $103 million. The project aims to produce 903,000 oz of gold over a 9.5-year mine life, generating $436 million in after-tax cash flow at a gold price of $1,500/oz. Key metrics include an after-tax NPV of $305 million and an IRR of 58%. Average annual production from 2022 to 2026 is expected to be 110,500 oz. First gold pour is targeted for Q1 2022, with significant additional cash flow anticipated within a year.
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) will announce its financial and operational results for Q3 2020 on November 9, 2020, before market open. The announcement will be followed by a live conference call at 8:00 am PT (11:00 am ET) for analysts and investors to engage with the executive team. Interested parties can participate via toll-free numbers or international lines. A webcast will also be available, archived on the Equinox Gold website until May 9, 2021.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) has successfully poured its first gold from the Castle Mountain Gold Mine in California on October 15, 2020. The initial pour yielded approximately 727 ounces of gold, marking a significant milestone as the company celebrates its second operating mine in California. CEO Christian Milau acknowledged the contributions of employees and local authorities in achieving this milestone safely and on budget, despite challenges posed by the COVID-19 pandemic.
Equinox Gold Corp. announced significant increases in mineral reserves and resources at its Mesquite Gold Mine in California, following successful exploration in the first half of 2020. Proven and Probable Mineral Reserves rose by 28% to 658,000 ounces, while Measured and Indicated Mineral Resources surged 94% to 837,000 ounces. Inferred Mineral Resources also increased by 38% to 703,000 ounces. Exploration efforts indicate a potential multi-year extension of mine life at Mesquite, bolstered by promising drilling results at the Brownie deposit.