Saturday, September 6, 2025

Equinox Gold Sees Los Filos Mine Again Blockaded By Local Community

The year of 2022 is proving to be a tough one for Equinox Gold (TSX: EQX), whom this morning announced that operations have been suspended at its Los Filos Mine in Mexico. The suspension follows a suspension of operations at the firms RDM Mine earlier this year in Brazil, as well as the withdrawal of related guidance.

The suspension at Los Filos comes as a result of apparent tensions with the local community. Members of the Mezcala community are reportedly performing an illegal blockade of the property, which is preventing the delivery of supplies required to maintain operations.

Equinox has stated that it will engage with the community to find a solution to the issue at hand. Demands from members of the community in relation to the blockade were not provided by the company.

The last time the mine experienced a blockade, which was just over a year ago in June 2021, the company saw access to the mine halted as a result of certain unionized employees and members of the Xochipala community demanding payments in excess of contractual agreements. That blockade lasted approximately six weeks, impacting operations throughout. The firm had also experienced a similar blockade in 2020.

Los Filos is one of the firms largest assets, accounting for 26% of revenue in the three months ended June 30, 2022.

Equinox Gold last traded at $4.61 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Equinox Gold Guides To Cost Increases For 2024, Including Up To $1,740 An Ounce AISC

Equinox Gold (TSX: EQX) is anticipating the cost of production to rise in 2024 across...

Thursday, February 22, 2024, 09:24:14 AM

Equinox Gold: The Analyst First Impression Of The Premier Gold Mines Transaction

Earlier this week, Equinox Gold Corp (TSX: EQX) announced the acquisition of Premier Gold Mines...

Saturday, December 19, 2020, 01:39:00 PM

Equinox: BMO Lowers Price Target To $15.50 Following Q2 Results

On August 4, Equinox Gold Corp. (TSX: EQX) reported its second quarter production results. The...

Thursday, August 5, 2021, 12:43:00 PM

BMO Lowers Price Target On Equinox Gold Following Production Suspension At RDM Mine

Earlier this month Equinox Gold (TSX: EQX) revealed that they are temporarily suspending operations at...

Monday, May 30, 2022, 10:58:00 AM

$3300 GOLD: Every $100 Rise in Gold Means Pure Profit |  Ross Beaty – Equinox Gold

In this interview, Ross Beaty, Chairman of Equinox Gold (TSX: EQX), examines the current gold...

Monday, June 2, 2025, 01:32:00 PM