Equinox Gold to Merge with Calibre Mining, Boosting Production and Market Position
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Equinox Gold Corp. has announced a merger with Calibre Mining Corp., aiming to become a leading gold producer in the Americas with over 1.2 million ounces of annual production. This merger is expected to enhance Equinox Gold's market position, generate substantial free cash flow, and increase shareholder value, positioning the company as the second largest gold producer in Canada. Equinox Gold operates mines in Canada, California, Mexico, and Brazil, with a goal of over one million ounces of annual production and a strong gold reserve base.
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