Equinox Gold Corp is a mining company focused on the exploration and production of gold in North America and beyond
The company operates several mining projects and is dedicated to sustainable and responsible mining practices while aiming to increase its gold production capabilities. Equinox Gold is committed to creating value for its stakeholders and communities by delivering high-quality gold resources through innovative and efficient operations. Through its strategic acquisitions and development initiatives, the company seeks to expand its footprint in the gold mining sector.
Elliott Investment Management was busy in the third quarter. According to a new 13-F filing with the SEC, the activist made several portfolio moves, with multiple new positions focused around travel and lodging.
Greg Smith, CEO of Equinox Gold, praised the Greenstone Mine for demonstrating progress with both mining and processing rates increasing substantially.
Gold mining stocks are surging due to rise in gold prices. ECB cuts rates, US producer inflation mixed. Gold-only investments seen as attractive due to limited supply.
"We look forward to ramping up to commercial production in the third quarter of this year and delivering sustained value from the Greenstone mine for all our stakeholders," Equinox Gold CEO Greg Smith said.
Equinox Gold buys remaining 40% stake in Greenstone Gold Mine, increasing annual production by 160,000 ounces. Deal adds to long-term benefits for shareholders and includes financing from multiple sources.
Gold Road confirms interest in Canadian joint venture, Greenstone Gold Mines, as gold prices continue to climb. Operational challenges at flagship mine also addressed.
