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. (TSX: EQX, NYSE: EQX) is a growth-focused Canadian mining company that operates primarily in North and South America. The company's core business involves the operation, acquisition, exploration, and development of mineral properties, with a strong focus on gold mining. Equinox Gold currently operates seven gold mines and is actively commissioning an eighth mine, with a clear path to surpassing one million ounces of annual gold production.
Equinox Gold's diverse portfolio includes assets in Brazil, California, and other regions in North and South America. The company is notably advancing its Aurizona Project in Brazil, aiming to commence gold production by the end of 2018. Simultaneously, it is conducting a pre-feasibility study at its Castle Mountain Project in California with the objective of restarting production.
Recent achievements include the acquisition of the remaining 40% stake in the Greenstone Mine, consolidating full ownership of this world-class asset in Ontario, Canada. The Greenstone Mine is expected to be Equinox Gold's largest and lowest-cost producer, with an annual production forecast of approximately 400,000 ounces of gold for the first five years. The first gold pour at Greenstone was successfully achieved in May 2024, marking a significant milestone towards reaching commercial production in the third quarter of 2024.
Financially, Equinox Gold is in a robust position, having recently closed a
Equinox Gold Corp. (TSX: EQX) has released its 2023 ESG Report, highlighting achievements in environmental, social, and governance areas. The report covers improvements in environmental performance, safety targets, community engagement, and governance practices. Noteworthy accomplishments include beating environmental and safety targets, reducing GHG emissions, achieving high performance in biodiversity conservation, and community engagement. The company also outlined 2024 ESG priorities, focusing on health and safety, equity, diversity, and inclusion, and sustainable mining practices.
Equinox Gold Corp. reports first quarter 2024 financial and operating results, highlighting 111,725 ounces of gold produced, $1,567 cash costs per oz, and $1,950 AISC per oz. The company announced acquiring 100% ownership of Greenstone Mine and provided 2024 production and cost guidance. The recent developments include advancing Greenstone commissioning and entering a binding share purchase agreement with Orion Mine Finance Management LP. The Company extended existing convertible notes and reported a geotechnical event at Aurizona. Shareholder events for May 9, 2024, include a conference call, annual meeting, and Corporate Update.