Gold Castle mine
Following a strong output of 155 000 oz of gold in the last quarter of the year, dual-listed Equinox Gold achieved consolidated production guidance for 2023, producing 564 500 oz.
Guidance for 2023 was set at between 550 000 oz and 625 000 oz, which Equinox managed to meet largely owing to the strong fourth-quarter production.
Ahead of releasing its full-year results and 2024 production guidance late in February, Equinox has advised that the company ended the year with $192-million in cash and cash equivalents, putting it in good stead for growth.
The company continues to advance the Greenstone project, in Canada, on budget and on schedule, with commissioning being underway towards a first gold pour before June.
Equinox has seven operating gold mines in the US, Mexico and Brazil. It is targeting to produce more than one-million ounces of gold a year by advancing a pipeline of expansion projects.