Equinox Gold Corp. reported higher Q2 gold production, driven by increased output at its Aurizona and Fazenda mines. The Canadian mining company operates eight gold mines in the Americas, with development projects including the Greenstone Gold Mine in Ontario, Canada, and the Los Filos Expansion in Mexico.
Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) has reported robust gold production for the second quarter (Q2) of 2025, driven by increased output at its Aurizona and Fazenda mines. The Canadian mining company operates eight gold mines in the Americas, with development projects including the Greenstone Gold Mine in Ontario, Canada, and the Los Filos Expansion in Mexico.
The company's Q2 2025 gold production totaled 219,122 ounces, a significant increase compared to the previous quarter. This production includes 51,274 ounces from the Greenstone Gold Mine and 72,823 ounces from the Calibre Mining assets. The Greenstone Gold Mine continues to ramp up, with the company expecting continued improvements through the second half of the year.
Equinox Gold's CEO, Greg Smith, commented on the company's performance, stating, "Equinox Gold is at an important inflection point following the successful completion of the business merger with Calibre Mining and the updating of 2025 guidance. The transaction with Calibre Mining added a second high-quality, long-life Canadian gold mine to our portfolio and strengthened the leadership team." The company's updated 2025 consolidated guidance is 785,000 to 915,000 ounces.
Valentine Gold Mine in Newfoundland & Labrador is also progressing well, with first ore through the mill expected during late August, followed by first gold approximately a month later. The company anticipates an effective ramp-up through year-end and into Q1 2026, thanks to the experienced construction and operating team.
Equinox Gold's strong financial position is evident with $406 million in cash and equivalents at June 30, 2025. The company is well-positioned to unlock significant long-term value, with a pipeline of development and expansion projects, including the Greenstone Gold Mine and the Los Filos Expansion.
The company will release its unaudited financial and operating results for the three and six months ended June 30, 2025, on Wednesday, August 13, 2025, after market close. A conference call and webcast will be held the following morning to discuss the results.
References:
[1] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1158-tsx/eqx/183273-equinox-gold-reports-second-quarter-2025-gold-production-of-219-122-ounces.html
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