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 (TSX: EQX) announced it will reveal its unaudited first quarter financial results on May 3, 2022, after market close. A conference call will follow on May 4, 2022, at 7:30 am PT for discussions on the results. Additionally, Equinox Gold will hold its annual meeting of shareholders on the same day at 1:30 pm PT via webcast. The Chairman, Ross Beaty, will provide a business strategy update at 1:40 pm PT.
Equinox Gold Corp. (TSX: EQX) has successfully poured its first gold at the new Santa Luz Mine in Brazil. This achievement follows a timely and on-budget construction with no lost-time injuries. The mine is projected to produce between 70,000 and 90,000 ounces of gold in 2022, with an expected annual capacity of 100,000 ounces. Additionally, operations at the RDM Mine resumed on March 14, 2022, after a temporary suspension. Equinox Gold is also advancing its Greenstone project in Ontario, targeting first gold pour in H1 2024.
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) will hold its annual and special meeting of shareholders on May 4, 2022, at 1:30 pm Vancouver time via live webcast. A corporate update will follow at 1:40 pm to discuss business strategy and objectives. Shareholders can participate online and submit questions in advance. To promote sustainability, meeting materials are available electronically instead of printed copies. Additionally, the Company has filed its Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2021.
Equinox Gold Corp. (TSX: EQX) has announced the filing of its audited financial statements for the year ending December 31, 2021. This includes comprehensive management's discussion and analysis, which are now accessible on the Company's website, SEDAR, and EDGAR. The filing marks a significant step in Equinox's financial transparency and aligns with regulatory requirements.
Equinox Gold Corp. (EQX) reported strong financial results for 2021, achieving a total gold production of 602,110 ounces, up 26% from 2020. The company generated over $1 billion in revenue, marking key milestones including the production of its millionth ounce of gold. Cash flow from operations reached $264.1 million, while net income soared to $556.8 million. Major developments included the acquisition of Premier Gold, adding over 3 million ounces of gold reserves. The company expects to produce 625,000 to 710,000 ounces of gold in 2022, with increasing focus on growth projects and exploration.
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) will release its unaudited financial and operational results for the fourth quarter and fiscal year ended December 31, 2021, on February 24, 2022, after market close. A conference call and webcast will follow on February 25, 2022, at 7:30 am PT. Investors can access the call through a toll-free number or international line, with a recording available on Equinox Gold's website until August 25, 2022.
Equinox Gold Corp. (NYSE American: EQX) announced a 2022 production guidance of 625,000 to 710,000 ounces of gold, an increase from 602,100 ounces in 2021. Cash costs are projected between $1,080 and $1,140 per ounce, while all-in-sustaining costs (AISC) will range from $1,330 to $1,415 per ounce. This guidance excludes the Mercedes Mine, expected to be sold in Q1 2022. The company anticipates a significant production boost in H2 2022, aided by the Santa Luz mine's transition to operations.
Equinox Gold Corp. (EQX) announced record gold production of 210,400 ounces in Q4 2021, contributing to a total of 602,100 ounces for the year, a 26% increase over 2020. The company successfully met its production guidance and realized over $1 billion in revenue. Noteworthy developments include the commencement of construction at the Greenstone project and significant progress at the Santa Luz mine. Equinox Gold maintains a solid financial position with $310 million in cash and a $450 million investment portfolio, setting the stage for continued growth in 2022.
Equinox Gold Corp. (TSX: EQX) announced the appointment of François Bellemare to its Board of Directors, effective January 1, 2022. Mr. Bellemare will replace Tim Breen as a board appointee from Mubadala Investment Company and will also serve on the Environment, Social, and Governance Committee. With extensive experience in the mining sector and a history at Mubadala, he is expected to contribute significantly to the Company's strategic goals. The Chairman, Ross Beaty, expressed confidence in Bellemare's expertise and familiarity with the Company since Mubadala's investment in April 2019.
Equinox Gold Corp. (EQX) announced a definitive agreement to sell its Mercedes Gold-Silver Mine in Mexico for $100 million, comprising $75 million on closing and $25 million within six months. Additionally, the company will receive 24.73 million common shares of Bear Creek Mining Corp., valued at $25 million, and a 2% net smelter return from Mercedes. The sale strengthens Equinox's balance sheet, allowing focus on larger projects like Greenstone. The transaction is subject to regulatory approvals and expected to close in Q1 2022.