TSX- and NYSE American-listed Equinox Gold on Tuesday provided a production and cost guidance for 2020, reflecting its production expectations following the recent closure of its merger with Leagold Mining.
Total 2020 production, including gold produced by Leagold before completion of the merger on March 10, is estimated at 615 000 oz to 680 000 oz.
"With the merger complete, Equinox Gold expects to more than triple its annualised gold production in 2020 and is fully funded to increase production over the next two years to more than one-million ounces of gold annually,” said CEO Christian Milau.