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EQX News
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Equinox Gold Sees 2026 Gold Production at 870K-920K oz
Equinox Gold sees 2026 gold production 870K-920K. oz.
Equinox Gold Q2 Revenue $769.8M, Gold Production 176,836 Ounces
Reports Q2 revenue $769.8M vs. $816.6M last year. Produced 176,836 ounces of gold and sold 177,959 ounces of gold from all operations at an average realized gold price of $4,256 per oz in Q2. CEO Darren Hall commented: "With completion of the business combination with Orla Mining on July 31, we enter the second half of 2026 as North America's new senior gold producer, with meaningfully greater production and cash flow, and one of the industry's strongest organic growth profiles. The financial benefits of the combination will begin to be reflected in our third quarter results, with our focus on disciplined integration, operational execution and delivering the long-term value this transformational combination has created. Q2 reflected continued improvement across our Canadian operations, with higher production at both Greenstone and Valentine. At Valentine, high-grade reconciliation improved significantly compared to the first quarter as our operational initiatives gained traction, and that positive trend continued into July. The process plant continues to perform exceptionally well, consistently exceeding nameplate capacity, while ongoing gains in mining performance are supporting higher-grade mill feed. Together with Greenstone's continued ramp-up and the addition of Musselwhite, we expect our Canadian portfolio to deliver higher production at lower unit costs through the second half of 2026. The new company's consolidated 2026 production guidance of 870K-920K ounces of gold reflects 12 months of production from Equinox Gold's existing portfolio and five months from the assets acquired with Orla Mining. On a pro-forma basis, considering a full 12 months of production from both companies, annual production is expected to be approximately 1.1 million ounces of gold in 2026".
Equinox Gold and Orla Mining Complete Business Combination
Equinox Gold (EQX) and Orla Mining (ORLA) are announced the successful completion of their previously announced business combination. The combined company is expected to produce approximately 1.1M ounces of gold annually. Upon closing of the transaction, Ross Beaty has stepped down as chairman of the board and has been appointed chairman emeritus and special advisor to the board. Chuck Jeannes has been appointed incoming chairman of the board. Equinox Gold intends to cause Orla to delist the Orla shares from the Toronto Stock Exchange and NYSE American Stock Exchange, apply to cease to be a reporting issuer, and otherwise terminate its public company reporting requirements as soon as possible.
Equinox Gold Shareholders Approve Merger with Orla Mining
Equinox Gold (EQX) announced that Equinox Gold shareholders have approved the share issuance resolution at a Special Meeting of Shareholders held this morning in connection with the proposed business combination with Orla Mining (ORLA). Orla securityholders also approved the arrangement at their meeting held earlier today, Equinox noted. "With approval by Equinox Gold shareholders and Orla securityholders in hand, Orla will seek a final order from the Supreme Court of British Columbia to approve the Arrangement at a hearing expected to be held on, or about July 28, 2026. In addition to court approvals, the Arrangement is subject to applicable regulatory approvals, including both Canadian and Mexican competition authorization, which have both been received, approval of the listing of the Equinox Gold common shares to be issued under the Arrangement on the Toronto Stock Exchange and NYSE American Exchange, and the satisfaction of certain other closing conditions customary for an Arrangement of this nature. If all conditions are satisfied or waived, the Arrangement is expected to close on July 31," the company stated.
Vox Royalty Updates Gold Offtake Exposure at Los Filos
Vox Royalty (VOXR) provided an update on its gold offtake-stream exposure over the Los Filos gold mine in Guerrero, Mexico, following news announced by Equinox Gold (EQX). On June 25, Equinox announced that it signed 20-year land access agreements with all three communities that host its Los Filos operations, enabling Equinox to commence planning for a phased restart of heap leach operations and to advance technical and engineering studies to evaluate expansion opportunities. Vox holds a gold offtake-stream covering 50% of gold production from Los Filos, up to a cap of 1,100,000 delivered ounces of which approximately 588,000 ounces are remaining to be delivered. The offtake-stream was acquired in September 2025 as part of the portfolio of assets acquired in the Global Gold Portfolio. Kyle Floyd, CEO stated: "The long-term land access agreements at Los Filos are the key de-risking milestone for Equinox's phased restart and points to a larger and more robust operation. This positive development is another example of the embedded optionality underpinning Vox's portfolio of streams and royalties. A restart in the coming years has the potential to unlock annual deliveries of up to ~140,000 ounces under Vox's offtake-stream, based on Equinox's annual production target of 280,000 ounces at Los Filos."
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