n a move surprising pretty well no one after the results we saw in the first quarter, Equinox Gold (TSX: EQX) has cut production guidance.. And not just at Greenstone, but across the board.
And while production guidance has been reduced, as you can likely assume, expected costing has gone up. Dramatically. As has funding earmarked for growth capital and exploration.
The bright side to this – if you can really say there is one – is that guidance previously issued for the Calibre Mining (TSX: CXB) assets pre-merger announcement has remained unchanged.
Lets dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
