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. reports news as a Canadian gold mining company with operating mines and development projects across Canada and the Americas. Recurring updates cover gold production, operating costs, financial results, Mineral Reserves and Mineral Resources, technical reports, and operating progress at assets including the Greenstone Gold Mine in Ontario and the Valentine Gold Mine in Newfoundland and Labrador.
Company announcements also address expansion and development work at projects such as Castle Mountain and Los Filos, portfolio changes following the completed Calibre combination, balance-sheet management, dividends, normal course issuer bids, and annual shareholder meeting results. The news record reflects a producer focused on gold operations, mine ramp-ups, exploration and capital allocation.
Equinox Gold Corp. (EQX) reported strong Q2 2020 results, producing 127,016 ounces of gold at all-in sustaining costs (AISC) of $900 per ounce. The company generated $85.1 million in earnings from mine operations and adjusted net income of $26.6 million. Despite COVID-19 challenges and a net loss of $58.7 million mainly due to non-cash expenses, cash flow from operations was robust at $83.7 million. Updated guidance forecasts total production between 470,000 and 530,000 ounces of gold for 2020, reflecting recent operational advancements while managing pandemic-related impacts.
Equinox Gold Corp. (TSX: EQX, NYSE-A: EQX) will release its financial results for Q2 2020 on August 10, 2020, after market close. A live conference call is scheduled for August 11, 2020, at 8:00 AM PT (11:00 AM ET), allowing analysts and investors to engage with the executive team. The webcast will be available for on-demand access on the company's website until February 11, 2021.
Equinox Gold Corp. (TSX: EQX) announced that Doug Reddy will become Chief Operating Officer in September 2020, succeeding Attie Roux, who is retiring. Reddy, an experienced geoscientist, has been with the company since March 2020 and was previously with Leagold Mining Corporation. His expertise includes overseeing the expansion of Los Filos Mine and the restart of Santa Luz Mine. CEO Christian Milau emphasized Reddy's fit for the role due to his technical knowledge and fluency in Spanish. Roux will remain available in an advisory role.