Equinox reports record gold production in Q4 2021, achieves annual guidance
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Importantly, the company said it achieved fiscal 2021 guidance of 560,000 to 625,000 ounces of gold with 602,100 ounces produced, a 26% increase over 2020 production.
Equinox added that outstanding performance at Mesquite and Aurizona was supported by a full quarter of operations at Los Filos and consistent performance at the company's other mines.
CEO Christian Milau commented: "During the quarter we commenced construction at our Greenstone project in Ontario, Canada and made significant construction progress at Santa Luz in Brazil. These new mines will produce more than 400,000 ounces (of which 60% is attributable to Equinox Gold) and 100,000 ounces of gold annually, respectively."
|Wesdome ups 2021 gold production 37% in an 'excellent' year for the company|
He added that Equinox is in a strong position to deliver on its ambitious growth strategy in 2022, including commencing production at the company's new Santa Luz mine, advancing construction at Greenstone and conducting exploration programs across the company's operations.
Equinox Gold is a Canadian mining company operating entirely in the Americas, with seven operating gold mines (including Mercedes) and a plan to achieve more than one million ounces of annual gold production from a pipeline of development and expansion projects.