Recent Updates — EQX
Equinox Gold Corp. announced that the U.S. Bureau of Land Management issued a positive Record of Decision for its South Railroad project in Nevada, completing federal permitting under NEPA and unlocking early works construction. The open-pit heap leach mine is expected to produce an average of 130,000 ounces of gold annually over its first five years, with initial capital costs estimated at $395 million, including $70-$80 million in the company's updated 2026 guidance. First gold production is targeted for 2028, contributing to Equinox Gold’s objective of adding 800,000 ounces of annual gold production from its organic development pipeline. The project sits within a 25,000-hectare land package on Nevada’s Carlin Trend. Equinox Gold Corp. is a Canadian mining company focused on high-quality, long-life gold operations in North America and the Americas.
Equinox Gold completed its merger with Orla Mining on July 31, 2026, creating North America’s new senior gold producer and issuing 378,115,579 common shares. The company reported Q2 2026 net income of $230.6 million ($0.29 per share) on revenue of $769.8 million, producing 176,836 ounces of gold at an AISC of $2,175 per ounce. Updated 2026 production guidance was raised to 870,000–920,000 ounces, with pro-forma annual production expected at approximately 1.1 million ounces. The Board approved a 50% dividend increase to $0.0225 per share, payable September 2, 2026, and authorized a $436 million Phase 2 expansion at Valentine Mine. CEO Darren Hall will retire on October 31, 2026, succeeded by Jason Simpson. The company operates in the gold mining industry.
Equinox Gold Corp.'s Board of Directors approved a 50% increase to its cash dividend, raising the annualized payout to US$0.09 per common share. The company declared a quarterly cash dividend of US$0.0225 per common share for the second quarter of 2026. This payment is payable on September 2, 2026, to shareholders of record as at the close of business on August 19, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes. Equinox Gold Corp. operates in the gold mining industry.
Equinox Gold Corp. reported net income of $230.6 million ($0.29 basic EPS) for the three months ended June 30, 2026, driven by a 46% increase in realized gold prices to $4,256 per ounce and higher production from acquired assets. The company sold its Brazil operations on January 23, 2026, recognizing an $117.7 million gain on sale. On August 5, 2026, the Board approved a 50% increase in the quarterly dividend to $0.0225 per share, payable September 2, 2026, to shareholders of record as of August 19, 2026. Additionally, the Board authorized the Valentine Phase 2 expansion with an initial capital budget of $436 million. Equinox Gold Corp. is a gold mining company engaged in the operation, acquisition, exploration and development of mineral properties primarily located in the Americas.
Equinox Gold Corp. completed its acquisition of Orla Mining Ltd. on July 31, 2026, through a court-approved plan of arrangement under the Canada Business Corporations Act. Shareholders received one Equinox Gold common share and US$0.0001 in cash for each Orla share held. The transaction adds three material assets: the Camino Rojo gold and silver mine in Mexico, the Musselwhite Mine in Ontario, and the South Railroad project in Nevada. Orla reported $1.06 billion in revenue and $107 million in net income for the year ended December 31, 2025, with cash reserves of $421 million. Equinox Gold Corp. is a gold mining company operating properties in North America.
Equinox Gold Corp. completed its business combination with Orla Mining Ltd., creating North America’s new senior gold producer. The combined entity is expected to produce approximately 1.1 million ounces of gold annually, with a path to more than 1.9 million ounces through growth projects. Ross Beaty stepped down as Chairman and was appointed Chairman Emeritus, while Chuck Jeannes assumed the role of incoming Chairman. CEO Darren Hall will retire effective October 31, 2026, with Jason Simpson succeeding him as Chief Executive Officer. The company intends to delist Orla shares from the Toronto Stock Exchange and NYSE American. Equinox Gold operates in the gold mining industry.