202627 releases
Equinox Gold Reports Q3 Production Results Following Transformational Combination with Orla; Expanded Canadian Production Platform Positioned for Strong Finish to 2026
Q3 2026 gold production was 237,019 oz with sales of 248,484 oz, bringing year-to-date production to 611,483 oz; results include two months of Musselwhite and Camino Rojo output following the July 31, 2026 combination with Orla Mining. The Company remains on track for updated 2026 guidance of 870,000 to 920,000 oz, or approximately 1.1 million oz including Orla's full 12-month contribution. South Railroad in Nevada received its Record of Decision and early works construction began, with first gold planned for 2028. Quarterly debt repayments totalled $190 million, leaving $527 million cash.
CorporateEquinox Gold Reports Continued Exploration Success Along the Musselwhite Mine Trend and Advances New Minotaur Discovery at Valentine
Drilling at the Musselwhite mine in Ontario returned 22.9 m at 10.00 g/t gold and 20.5 m at 7.31 g/t gold along a mine trend extension confirmed up to two kilometres beyond current operations, while Valentine in Newfoundland & Labrador returned 99.4 m at 0.98 g/t gold at the Frank Zone and 27.3 m at 2.11 g/t gold at the new Minotaur discovery. Greenstone drilling began in August, with assays pending. Equinox has completed about 308,000 metres year-to-date under a US$155 million 2026 budget covering roughly 477,000 planned metres.
Drill resultsEquinox Gold Announces Redemption of its Outstanding 4.75% Convertible Senior Notes Due October 2028
All $172.5 million aggregate principal amount of Equinox Gold's 4.75% Convertible Senior Notes due October 15, 2028 will be redeemed on October 20, 2026 at 100% of principal plus accrued interest, approximately $1,000.66 per $1,000 principal amount. Holders may convert until 5:00 p.m. New York time on October 19, 2026, at an adjusted conversion rate of 165.0732 common shares per $1,000 (conversion price of about $6.0579). Full conversion would issue up to 28,475,124 common shares, roughly 2.44% of shares outstanding.
FinancingEquinox Gold Receives Positive Record of Decision for South Railroad; Significant Permitting Milestone Unlocks Next North American Growth Project
The US Bureau of Land Management has issued a positive Record of Decision for the South Railroad project in Nevada, completing federal NEPA permitting, with early works construction begun and state permit and water rights applications submitted. The 2026 feasibility study estimates average production of 130,000 ounces of gold annually over the first five years and more than 100,000 ounces annually over the initial 10-year mine life, with initial capital of $395 million. Detailed engineering is 55.2% complete; first gold is targeted for 2028.
CorporateEquinox Gold Increases Cash Dividend by 50%; Declares Quarterly Cash Dividend of US$0.0225 per Common Share
The Board of Equinox Gold has approved a 50% increase to the Company's cash dividend, bringing it to US$0.09 per common share on an annualized basis. A quarterly cash dividend of US$0.0225 per common share for the second quarter of 2026 is payable on September 2, 2026, to shareholders of record at the close of business on August 19, 2026. The dividend is designated an eligible dividend for Canadian income tax purposes.
CorporateEquinox Gold Delivers Strong Second Quarter Results, Increases 2026 Production Guidance Following Successful Completion of the Orla Mining Merger, Quarterly Dividend Increased by 50%
Q2 2026 production was 176,836 ounces of gold with 177,959 ounces sold at an average realized price of $4,256 per ounce, cash costs of $1,816 per ounce and AISC of $2,175 per ounce, revenue of $769.8 million and net income of $230.6 million ($0.29 per share). Following the July 31 completion of the Orla Mining merger, 2026 consolidated guidance is set at 870,000–920,000 ounces. The Board approved the $436 million Valentine Phase 2 expansion, targeting completion in late 2028, and a 50% dividend increase to $0.0225 per share.
CorporateEquinox Gold and Orla Mining Complete Business Combination, Creating North America’s New Senior Gold Producer
The business combination of Equinox Gold and Orla Mining has closed, forming a company expected to produce approximately 1.1 million ounces of gold annually with a path to more than 1.9 million ounces as North American growth projects are developed. Ross Beaty stepped down as Chairman, becoming Chairman Emeritus and Special Advisor, with Chuck Jeannes appointed Chairman; CEO Darren Hall retires effective October 31, 2026, when Jason Simpson becomes CEO. Orla shares will be delisted, and consolidated 2026 guidance comes August 5, 2026.
AcquisitionEquinox Gold Shareholders Approve Business Combination with Orla Mining
Shareholders approved the issuance of up to 421,770,377 common shares in connection with the proposed business combination with Orla Mining, with 507,548,903 votes (99.83%) in favour and 866,815 (0.17%) against; 508,415,718 shares, or 64.43% of outstanding shares, were represented. Orla securityholders also approved the Arrangement, and Canadian and Mexican competition approvals have been received. A final court hearing in British Columbia is expected on or about July 28, 2026, with closing expected July 31, 2026.
AcquisitionIndependent Proxy Advisory Firms Recommend Equinox Gold Shareholders Vote FOR Share Issuance Resolution in Connection with Proposed Business Combination with Orla Mining
Independent proxy advisory firms, including Institutional Shareholder Services, have recommended that Equinox Gold shareholders vote FOR the resolution to issue Equinox Gold common shares in connection with the proposed business combination with Orla Mining announced on May 13, 2026. The special meeting will be held at 9:00 am (Vancouver time) on July 22, 2026, with a June 15, 2026 record date and a proxy voting deadline of 9:00 am on July 20, 2026. Both boards unanimously recommend voting FOR the arrangement.
AcquisitionEquinox Gold Reports 176,836 Ounces of Gold Production in Q2 2026, Canadian Gold Production Increased 11% Quarter-over-Quarter
Q2 2026 gold production totalled 176,836 oz, including 64,656 oz from Greenstone, 32,617 oz from Valentine, 18,572 oz from Mesquite, 59,476 oz from Nicaragua and 1,515 oz from Castle Mountain, with combined Canadian output of 97,273 oz, up 11% quarter-over-quarter. Year-to-date production of 374,464 oz keeps the company on track for 2026 guidance of 700,000 to 800,000 oz. Greenstone milled 26,856 tpd and Valentine averaged 7,730 tpd, 113% of nameplate. Q2 financial results are due August 5, 2026, with a shareholder vote on the Orla Mining share issuance July 22, 2026.
CorporateEquinox Gold Announces Sale of Shares of Versamet Royalties
8,713,000 common shares of Versamet Royalties Corporation were sold through a block trade with National Bank Financial Inc. for aggregate gross proceeds of C$130 million. Equinox Gold's holding falls from 11,617,915 shares, or about 10.7%, to 2,904,915 shares, or about 2.7%, on an undiluted basis. Versamet's right of first offer on Equinox Gold royalties or streams terminates, and the investor rights agreement ends once ownership stays below 10.0% for at least 30 continuous days.
AcquisitionEquinox Gold Secures Long-Term Land Access Agreements with All Three Communities at Los Filos Mine, Planning and Technical Work Underway to Support Mine Restart and Annual Production Expansion
20-year land access agreements have been signed with all three communities hosting the Los Filos Mine in Guerrero, Mexico — Carrizalillo, Mezcala and Xochipala — and the parties also agreed on an overall labour and supply services policy. Equinox Gold has begun activities for a gradual restart of heap leach operations, including environmental remediation, permitting, workforce rehiring and supplier negotiations, plus studies on a potential carbon-in-leach facility. No Los Filos production is included in 2026 guidance of 700,000 to 800,000 ounces of gold.
CorporateEquinox Gold Announces Filing and Mailing of Meeting Materials for the Special Meeting of Shareholders to Approve Business Combination with Orla Mining
Meeting materials have been filed and mailed for a special shareholder meeting on July 22, 2026 at 9:00 am Vancouver time, where Equinox Gold shareholders will vote on issuing up to 421,770,377 common shares for the plan of arrangement to acquire Orla Mining, with each Orla share exchanged for 1.00 Equinox share and US$0.0001 in cash, leaving Equinox and former Orla holders with roughly 67% and 33%. Proxy voting closes July 20, 2026. Equinox received a Competition Bureau no action letter on June 1, 2026 and TSX listing approval; closing is expected in Q3 2026, pending shareholder, court, Mexican competition and NYSE American approvals.
CorporateEquinox Gold Publishes 2025 Sustainability Report
The 2025 Sustainability Report has been published, covering January 1 to December 31, 2025 and aligned with GRI and SASB frameworks, with reporting scope reflecting the June 2025 combination with Calibre Mining. Reported results include zero fatalities, a Total Recordable Injury Frequency Rate of 1.65 per million hours worked versus 2.21 in 2024, a Significant Environmental Incident Frequency Rate of 0.00, an estimated 60,113 tCO₂e of emissions reductions, $2.1 billion in economic value distributed and $14 million invested in community programs.
CorporateEquinox and Orla Mining Combine to Create North America’s New Senior Gold Producer: Built to Grow, Built to Last
Equinox Gold and Orla Mining have entered a definitive arrangement agreement for an at-market combination, with Orla shareholders receiving 1.00 Equinox share plus $0.0001 cash per Orla share, leaving Equinox and Orla holders with roughly 67% and 33% of the combined company, which carries an $18.5 billion implied market capitalization. The merged entity expects 1.1 million ounces of 2026 gold production from six North American mines and 22.7 million ounces of Proven & Probable Reserves. Shareholder votes are set for July 2026, with closing expected in Q3 2026.
AcquisitionEquinox Gold Announces Results from Annual Shareholder Meeting
All ten director nominees were elected at Equinox Gold's Annual Meeting of Shareholders held May 7, 2026, with 530,033,771 common shares represented, or 66.9% of outstanding shares. Shareholders set the board size at ten (99.69% for), re-appointed KPMG LLP as auditor (99.85% for) and approved a non-binding advisory resolution on executive compensation with 73.31% in favour. Director support ranged from 94.76% for Maryse Bélanger to 99.91% for Darren Hall.
CorporateEquinox Gold Declares Quarterly Cash Dividend of US$0.015 per Common Share
A quarterly cash dividend of US$0.015 per common share has been declared by Equinox Gold's Board, payable on June 5, 2026 to shareholders of record as at the close of business on May 21, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes. Future dividends remain subject to Board discretion and the Company's financial results, capital requirements, business conditions and debt covenant compliance.
CorporateEquinox Gold Delivers Strong Q1 Financial Results; Scaling a Long-Life Canadian Gold Platform
Q1 2026 gold production totalled 197,628 ounces at cash costs of $1,633 per ounce and AISC of $1,950 per ounce, with 199,217 ounces sold at an average realized price of $4,604 per ounce, revenue from continuing operations of $861.6 million and net income of $310.1 million ($0.39 per share basic). The company repaid $988.6 million of debt, completed the sale of its Brazil operations for up to $1.015 billion, and held $363.0 million in unrestricted cash at March 31, 2026. Full-year guidance of 700,000 to 800,000 ounces is unchanged, and a second quarterly dividend of $0.015 per share is payable June 5, 2026.
CorporateEquinox Gold Delivers Strong First Quarter with 197,628 Ounces of Gold Production, $990 Million of Debt Reduction and Inaugural Dividend Payment
First quarter 2026 gold production totalled 197,628 ounces, comprising 60,338 oz from Greenstone, 27,064 oz from Valentine, 13,174 oz from Mesquite, 81,280 oz from Nicaragua, 13,473 oz from Brazil and 2,299 oz from Castle Mountain. Equinox Gold repaid $990 million of debt during the quarter following the sale of its Brazil operations and paid its first dividend of $0.015 per share on March 26, 2026. Q1 financial results are due May 6, 2026.
CorporateEquinox Gold Updates Canadian Operations Technical Outlook: Average 540,000 Ounces Gold Production per Year for Next 10 Years
Updated technical reports for the Greenstone mine in Ontario and the Valentine mine in Newfoundland & Labrador outline average annual gold production of 543,000 ounces from Canada over the next 10 years (2026-2036), comprising 320,000 oz at Greenstone and 223,000 oz at Valentine, with 8.1 Moz combined Proven & Probable Reserves. Valentine's Phase 2 expansion to 5.0 Mtpa carries a $414 million capital cost, 24-month construction starting Q3 2026 subject to Board approval, and a $3.1 billion after-tax NPV5 at $4,500/oz gold. Company-wide Reserves total 19 million ounces as at December 31, 2025.
CorporateEquinox Gold Announces Normal Course Issuer Bid for Common Shares
The TSX has accepted Equinox Gold's notice of intention for a normal course issuer bid to repurchase and cancel up to 39,414,095 common shares, about 5% of the 788,281,919 shares outstanding as of February 18, 2026. Purchases may be made at prevailing market prices from March 2, 2026 until the earlier of March 1, 2027 or reaching the maximum, with daily TSX purchases capped at 660,178 shares. The Company also expects to enter an automatic share purchase plan.
CorporateEquinox Gold Announces Filing of 2025 Audited Financial Statements
Audited financial statements and related management's discussion and analysis for the three months and year ended December 31, 2025 have been filed by Equinox Gold Corp. (TSX: EQX, NYSE American: EQX). The documents are available on the Company's SEDAR+ profile, on EDGAR and on the Company's website.
CorporateEquinox Gold Announces Inaugural Quarterly Cash Dividend of US$0.015 per Common Share and Application for Normal Course Issuer Bid
An inaugural quarterly cash dividend of US$0.015 per common share has been declared by Equinox Gold's Board, payable March 26, 2026 to shareholders of record as at March 12, 2026, and designated an eligible dividend for Canadian income tax purposes. The Board approved a dividend policy targeting US$0.015 per share quarterly, or US$0.06 annually, subject to quarterly approval. It also approved an application to the TSX for a normal course issuer bid to repurchase up to approximately 5% of outstanding shares for cancellation.
CorporateEquinox Gold Delivers Transformational Year with Strategic Merger, Record Production and Revenue, Portfolio Optimization, More than US$1.1 Billion in Debt Reduction, and Announces Inaugural Dividend
Full year 2025 gold production reached a record 922,827 ounces, including 856,908 ounces meeting guidance of 785,000 to 915,000 ounces, at total cash costs of $1,494 per oz and AISC of $1,925 per oz, with revenue of $2.71 billion and net income of $221.5 million. Q4 production was a record 247,024 ounces at $1,392 per oz cash costs. An inaugural quarterly dividend of $0.015 per share is payable March 26, 2026, alongside a normal course issuer bid for up to 5% of shares, subject to TSX approval. Debt was reduced by $1.1 billion since Q2 2025, leaving net debt of about $75 million at January 31, 2026.
CorporateEquinox Gold Announces Significant New AI-Supported Gold Discovery 8 km from Valentine Mill and Additional High-Grade Gold Mineralization Outside of Resources at The Valentine Gold Mine, Canada
2025 diamond drilling at the Valentine Gold Mine in Newfoundland & Labrador confirmed a new gold discovery, the Minotaur Zone, 8 km northwest of the mill, with intercepts including 2.68 g/t gold over 32 m and 5.74 g/t over 8 m, defined over a 700-metre strike length and open in all directions. Drilling at the Frank Zone, outside current resources, returned 22.10 g/t over 6.30 m, 3.12 g/t over 63.90 m and 7.50 g/t over 12.60 m. The 2026 program targets about 100 km of drilling.
Drill resultsEquinox Gold Completes Sale of Brazil Operations for Total Cash Consideration of US$1.015 Billion; Pays Down More than US$800 Million of Debt With Net Debt Reduced to US$150 Million
The sale of the Aurizona Mine, RDM Mine and Bahia Complex in Brazil to a subsidiary of the CMOC Group has closed for total consideration of up to $1.015 billion, comprising $900 million in cash before closing adjustments plus a production-linked contingent payment of up to $115 million due January 23, 2027. Equinox Gold will fully repay its $500 million Term Loan, pay $300 million to extinguish the Sprott Loan and related obligations, and make a revolving credit facility payment, cutting senior debt to about $580 million and net debt to roughly $150 million. The company guides 2026 consolidated gold production of 700,000 to 800,000 ounces.
AcquisitionEquinox Gold Delivers Record Q4 Production and Record FY 2025 Gold Production of 922,827 ounces; 2026 Guidance Represents an 80% Increase in Annual Canadian Gold Production
Full year 2025 gold production totalled a record 922,827 ounces, including 247,024 ounces in Q4, with 2025 AISC expected toward the upper end of the $1,800 to $1,900 per ounce guidance range and cash and equivalents of $430 million at December 31, 2025. 2026 guidance is 700,000 to 800,000 ounces at AISC of $1,775 to $1,875 per ounce, including 250,000 to 300,000 ounces from Greenstone in Ontario and 150,000 to 200,000 ounces from Valentine in Newfoundland.
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202510 releases
Equinox Gold Announces Sale of Brazil Operations for Total Consideration of $1.015 Billion, Focusing on Near-Term North American Growth
Equinox Gold has agreed to sell its 100% interest in the Aurizona Mine, RDM Mine and Bahia Complex in Brazil to a subsidiary of CMOC Group for total consideration of $1.015 billion, comprising $900 million cash on closing and a production-linked contingent payment of up to $115 million one year after closing. Closing is expected in the first quarter of 2026, subject to regulatory approvals. Proceeds will repay the $500 million Term Loan and $300 million Sprott Loan. The Company anticipates 2026 production of 700,000 to 800,000 ounces.
AcquisitionEquinox Gold Achieves Commercial Production at Valentine Gold Mine, Driving Canadian Gold Production Growth into 2026
Commercial production has been achieved at the 100%-owned Valentine Gold Mine in Newfoundland & Labrador, Canada. Over the last 60 days the process plant averaged 5,451 tpd, or 80% of the 6,850 tpd nameplate capacity, with gold recovery averaging over 93% on commissioning feed grading 1.2 g/t gold. Valentine is expected to deliver into the higher end of its Q4 range of 15,000 to 30,000 ounces, reach nameplate capacity by Q2 2026 and produce 150,000 to 200,000 ounces in 2026, with Phase 2 studies assessing 5 million tonnes per year.
CorporateEquinox Gold Delivers Record Q3 Production and Revenue; Canadian Gold Production Increasing, Setting the Stage for a Strong 2025 Finish and Momentum into 2026
Q3 2025 gold production totalled 236,382 ounces with 239,311 ounces sold at an average realized price of $3,397 per oz, cash costs of $1,434 per oz and AISC of $1,833 per oz. Revenue was $819.0 million, net income $85.6 million ($0.11 per share basic) and adjusted EBITDA $420.0 million, with operating cash flow before working capital changes of $322.1 million. Valentine poured first gold on September 14 and averaged 6,221 tonnes per day in October, or 91% of nameplate; Greenstone produced 56,029 ounces. Debt of $139.3 million was retired and the Nevada assets sold for $115 million closed October 1.
CorporateEquinox Gold Delivers Record 236,470 Ounces in Q3 2025, Driving Strong Finish to the Year and Continued Buoyant Growth Into 2026
Q3 2025 consolidated gold production totalled a record 236,470 ounces, with year-to-date output of 634,428 ounces and cash and equivalents of $359 million at September 30, 2025; the company expects to finish in the mid-range of annual guidance of 785,000 to 915,000 ounces. Valentine in Newfoundland & Labrador poured first gold on September 14 and should produce 15,000 to 30,000 ounces in Q4, while Greenstone in Ontario will land at the low end of its 220,000 to 260,000 ounce guidance.
CorporateEquinox Gold Delivers First Gold at its Valentine Gold Mine in Newfoundland and Labrador, Canada
The first gold pour at the Valentine Gold Mine in Newfoundland and Labrador, Canada occurred on September 14, 2025, earlier than expected, with mill throughput averaging 47% of nameplate over the first 15 days of operation. Valentine is expected to ramp up to its nameplate capacity of 2.5 million tonnes per year in Q2 2026. The crush-grind carbon-in-leach operation is expected to produce 175,000 to 200,000 ounces of gold annually for the first 12 years of a 14-year reserve life at design capacity.
CorporateEquinox Gold Advances Canadian Operations with First Ore Processed at the Valentine Gold Mine and Leadership Additions at the Greenstone Gold Mine
Ore processing has begun through the 2.5-million-tonne-per-annum plant at the Valentine Gold Mine in Newfoundland & Labrador, with first gold pour expected within the next month and ramp-up to nameplate capacity during Q2 2026, targeting 175,000 to 200,000 ounces annually for the first 12 years of a 14-year reserve life. At Greenstone in Ontario, Bryan Wilson was appointed Vice President of Operations effective September 3 and Roger Souckey as Director, External Relations. Daniella Dimitrov was named Executive Vice President of Sustainability, People & Strategy. On August 18, 2025, Equinox issued 21.4 million shares at US$6.50 to settle US$139.2 million of 2020 Convertible Notes.
CorporateEquinox Gold Delivers Solid Second Quarter 2025 Financial and Operating Results
Q2 2025 gold production of 219,122 ounces, including 72,823 ounces from the acquired Calibre Assets, at total cash costs of $1,478 per oz and AISC of $1,959 per oz, with revenue of $478.6 million, net income of $23.8 million ($0.05 per share) and adjusted net income of $56.7 million ($0.11 per share). Cash and equivalents were $406.7 million and net debt $1,373.7 million at June 30, 2025. Full-year consolidated guidance of 785,000 to 915,000 ounces was maintained, with Valentine ore processing expected before the end of August 2025 and an agreement to sell non-core Nevada assets for US$115 million.
CorporateEquinox Gold’s Castle Mountain Accepted into FAST-41 Permitting Program
The Castle Mountain Mine Phase Two Project in San Bernardino County, California has been accepted into the US Federal Permitting Improvement Steering Council's FAST-41 program, with a permitting timeline posted August 8, 2025 indicating the federal permitting process should be completed in December 2026. The March 2021 Feasibility Study projects roughly 200,000 ounces of gold annually over a 14-year mine life, totaling 3.2 million ounces. Equinox Gold has initiated study updates and project optimization work.
CorporateEquinox Gold Announces Agreement to Divest Non-Core Nevada Assets for US$115 Million
Equinox Gold has agreed to sell its 100% interest in the Pan Mine, Gold Rock Project and Illipah Project in Nevada, USA to Minera Alamos Inc. for US$115 million, payable on closing as US$90 million cash and US$25 million in Minera Alamos common shares, representing no more than 9.99% pro forma ownership. If the equity portion would exceed 9.99%, the cash payment will be increased accordingly. Closing is expected in the fourth quarter of 2025, subject to regulatory and stock exchange approvals.
AcquisitionEquinox Gold to Announce Second Quarter Financial and Operating Results on August 13, 2025
Unaudited financial and operating results for the three and six months ended June 30, 2025 will be released Wednesday, August 13, 2025, after market close. A conference call and webcast to discuss the results will be held Thursday, August 14, 2025, at 7:30 am PT (10:30 am ET), accessible toll-free in the U.S. and Canada at 1-833-752-3366 or internationally at +1 647-846-2813.
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