Equinox Gold Corp

Description

Equinox Gold Corp, a Canadian gold producer, owns a diversified portfolio of producing mines, exploration stage projects and mineral reserves.

The Vancouver-based company is publicly listed and trades under the ticker ‘EQX’ on the Toronto Stock Exchange.

Equinox Gold Corp has seven operating gold mines in the Americas, Mexico and Brazil.

Equinox acquired Mesquite Gold Mine in 2018, which is an open-pit heap leach mine in California’s Imperial County.

Following its merger with Leagold in 2020, Equinox Gold Corp acquired ownership in the Los Filos Gold Mine in Mexico. The mine complex includes one underground mine and two open-pit mines.

The gold producer commenced its pre-production mining at the Castle Mountain Gold Mine in June 2020. Equinox acquired the Castle Mountain mine in 2017.

Recently in 2021, the mining company acquired an underground gold-silver mine from Premier Gold Mines in northern Mexico.

In Brazil, Equinox Gold Corp operates three gold mines:
• Aurizona Gold Mine
• Fazenda Mine in Bahia State
• RDM Mine in Minas Gerais State

Equinox Gold Corp claims to focus on managing existing projects and exploration assets efficiently to increase its production capabilities.

Currently, the growth projects include Santa Luz, Los Filos Expansion, Greenstone Belt, and Castle Mountain.

The Vancouver-based company aims to achieve an estimated production capacity of one million ounces of gold annually.

Its Open Doors Program provides site tours to school groups, local authorities and associations and helps them learn about the mining operations, the company claims.

Equinox Gold Corp also claims to conduct skill-training programs to enhance local capacity and provide employment opportunities.

In addition, the gold mining company is reportedly establishing a COVID-19 testing laboratory in the United States to serve its Mexico, USA, and Canada business segments.

Equinox Gold Corp shares trade under the ticker ‘EQX’ on the New York Stock Exchange.