Canadian junior Equinox Gold (TSX-V: EQX)\u00a0is in the countdown to begin commercial production at its Aurizona gold mine in Brazil, which will contribute to the company\u2019s plan of becoming a leading mid-tier producer of the yellow metal.<\/p>\n
As part of its growth strategy for 2019, the company intends to dig up 230,000 to 265,000 gold ounces<\/a> with the assistance of its recently acquired Mesquite gold mine in California.<\/p>\n \u201cEquinox Gold has achieved tremendous growth over the last year and will soon become a multi-mine gold producer,\u201d chief executive Christian Milau said in the statement<\/a>. \u201cThis momentum will continue in 2019 as we plan for construction at our Castle Mountain mine, capitalize on growth opportunities at our existing assets and continue to assess accretive acquisition opportunities.\u201d<\/p>\n The previously-mined Castle Mountain is about 320km north of Mesquite and is projected to initially produce 45,000 ounces of gold a year beginning in 2020. Then, output is expected to jump up to more than 200,000 ounces annually during years four to 16.<\/p>\n The Vancouver-based miner noted is in the final steps of permitting for phase one and arranging financing to start construction mid-year at a cost of about $50 million.<\/p>\n Last year, Equinox year spun-out its copper assets into a new company, Solaris Copper, and sold its 83% stake in the Koricancha gold mill<\/a> in Peru to Inca One.<\/p>\n The post Equinox\u2019s gold mine in Brazil days away from commercial production<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The Canadian junior expects to mine 230,000 to 265,000 gold ounces this year from both Aurizona mine in Brazil and its recently acquired Mesquite gold operation in California.<\/p>\n The post Equinox’s gold mine in Brazil days away from commercial production<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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is building the 136,000 ounces-per-year Aurizona gold mine in Brazil, which is expected to start production in Q1.<\/q><\/p>\n