Equinox Gold (TSX: EQX) has reported their second quarter production figures alongside an update on the Valentine Gold Mine and the ramp up of Greenstone.
In terms of production, Equinox in the second quarter produced a total of 219,122 ounces of gold, which reflects an improvement over the 182,089 ounces produced on a consolidated basis in the first quarter of the year, following the closing of the acquisition of Calibre.
Guidance is currently calling for total consolidated production of 785,000 to 915,000 ounces in 2025, with year to date production sitting at 401,211 ounces.
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Greenstone is said to have produced 51,274 of those ounces in the second quarter, an improvement over the 44,449 produced in the first quarter. A comprehensive improvement plan is said to be underway here, which begins with bringing in more staff as part of an effort to resolve issues on site.
At Valentine, first ore through the mill is now expected to occur in late August, with the first gold pour now pushed to September. Ramp up is then anticipated to continue into the first quarter of 2026. Guidance has yet to be issued for the operation.
Equinox Gold last traded at $8.07 on the TSX.
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