Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On October 7, Equinox Gold Corp. (NYSEAMERICAN:EQX) shared an update about its Valentine Gold Mine in Newfoundland & Labrador, Canada.
Darren Hall, CEO of Equinox Gold Corp. (NYSEAMERICAN:EQX), said:
“Valentine delivered first gold ahead of schedule on September 14, with commissioning progressing well since introducing ore into the circuit on August 27. Through September 30, the plant averaged 57% of nameplate capacity, with more than 23% of days exceeding nameplate. As Valentine continues to ramp-up operations, we anticipate producing 15,000 to 30,000 ounces of gold in Q4 and delivering consistent nameplate capacity of 2.5 million tonnes per year by Q2 2026.”
The company acquired 100% ownership of the Valentine Gold Mine when it acquired Calibre Mining Corp. on June 17, 2025. The transaction also gave Equinox Gold Corp. (NYSEAMERICAN:EQX) full ownership of the Greenstone Mine in Ontario, Canada, making the company the second-largest gold producer in Canada.
Equinox Gold Corp. (NYSEAMERICAN:EQX) is a Canadian mining company that operates gold mines in Canada, the United States, Mexico, and Brazil. The company is focusing on growth and plans to achieve over one million ounces of annual gold production from a pipeline of expansion projects.
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Disclosure: None. This article is originally published at Insider Monkey.
