Recent Updates — EQX
Equinox Gold reported third-quarter gold production of 237,019 ounces and sales of 248,484 ounces. The results include two months of attributable output from Musselwhite and Camino Rojo following the company's business combination with Orla Mining Ltd., which closed on July 31, 2026. Consolidated year-to-date production reached 611,483 ounces, keeping the company on track for updated full-year guidance of 870,000 to 920,000 ounces. Financially, Equinox repaid $190 million in debt during the quarter and ended with $527 million in cash and a net cash position of $163 million. The company also repurchased approximately 759,000 shares for $9.0 million under its normal course issuer bid. Additionally, Equinox commenced early works construction at the South Railroad project in Nevada after receiving final federal permits. Equinox Gold Corp. is a Canadian mining company operating high-quality gold mines across North and Central America.
Equinox Gold Corp. reported exploration results from its Canadian operations, highlighting significant drilling success at Musselwhite and Valentine mines. At Musselwhite, drilling confirmed high-grade mineralization continuity up to two kilometers beyond current operations, including 22.9 meters grading 10.00 grams per tonne gold (g/t Au) in the PQE zone. The company also advanced the new Minotaur discovery at Valentine with intersections such as 99.4 meters grading 0.98 g/t Au and 27.3 meters grading 2.11 g/t Au. Exploration efforts are supported by a US$155 million budget for approximately 477,000 meters of planned drilling in 2026, with results expected to contribute to mineral resource updates in early 2027 and year-end 2027. Equinox Gold Corp. operates as a gold mining company with assets across Canada, the United States, Mexico, and Nicaragua.
Equinox Gold Corp. announced on September 21, 2026, that it has elected to redeem all outstanding $172.5 million aggregate principal amount of its 4.75% Convertible Senior Notes due October 15, 2028. The redemption price is set at 100% of the principal plus accrued interest, totaling approximately $1,000.66 per $1,000 note. Holders may convert their notes into common shares until 5:00 p.m. New York City time on October 19, 2026. The adjusted conversion rate is 165.0732 shares per $1,000 principal amount, potentially resulting in the issuance of up to 28,475,124 common shares if all notes are converted. Equinox Gold Corp. operates as a Canadian mining company focused on gold production and development projects across North and South America.
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.