Equinox Gold has wrapped up its previously announced CAD611.7 million ($487.9 million) acquisition of Premier Gold Mines, a Canadian mineral exploration company. The all-stock deal, which was signed in December 2020, gives Equinox Gold access to the construction-ready Hardrock Project in Ontario in which Premier Gold Mines has a stake of 50%. Equinox Gold also […]
Equinox Gold has achieved commercial production at its Castle Mountain Gold Mine in California, almost a month after achieving the first gold pour. The Canadian gold mining company anticipates the gold mine in California to produce 5,000-10,000 ounces of gold in 2020. The average annual production of Castle Mountain is estimated to be around 40,000 […]
Canadian gold mining company Equinox Gold has started construction on its fully-owned Santa Luz Gold Mine in Bahia State, Brazil, with a construction budget of $103 million. The first gold pour at the Santa Luz gold project is targeted for the first quarter of 2022. Considering a base case $1,500/oz gold price, the Santa Luz […]
Equinox Gold said that it has wrapped up the construction of phase 1 of its Castle Mountain Gold Mine in California. According to the Canadian gold mining company, irrigation of the leach pad is in progress and first gold pour from Castle Mountain Gold Mine phase 1 is expected to be achieved in the fourth […]
Equinox Gold acquisition of Leagold Mining : Canadian mining company Equinox Gold has signed a deal of about CAD 769.3 million ($ 578.38 million) to acquire Leagold Mining, as per the latest mining acquisition news. Also based in Canada, Leagold Mining is a mid-tier gold producer focused on Latin America. The Canadian gold mining company […]
Canadian mining company Equinox Gold said that its 100% owned Aurizona Gold Mine in the Maranhão state in northeastern Brazil has achieved commercial production, as per the latest mining industry news. This was after the Brazilian gold mine had its first gold pour in mid-May. The Aurizona Gold Mine was operated between 2010 and 2015, […]
Equinox Gold acquisition of Mesquite gold mine : New Gold has announced the sale of the Mesquite gold mine in California to rival Canadian mining company Equinox Gold for $158m in an all-cash transaction. Mesquite gold mine in California The open-pit, run-of-mine heap leach Mesquite gold mine, which is located in Imperial County, has been […]