Video News/BMO Capital Markets 2026

Equinox Gold (TSX: EQX; NYSE American: EQX) has reduced net debt from more than $1.4 billion at the end of June 2025 to less than $100 million at the end of January 2026, marking a significant balance sheet shift following its merger with Calibre Mining. Speaking at the 35th BMO Global Metals, Mining & Critical Minerals Conference, CEO Darren Hall said the company is now focused on execution and credibility as it advances toward becoming a 1 million oz per year producer. Equinox produced 923,000 oz in 2025, up 48% year over year, and recently launched an inaugural dividend while applying for a normal course issuer bid. Operational momentum is building at key assets, including Greenstone and Valentine, where throughput reached 110% of nameplate month to date in February after winter-related challenges in January. Hall said the company is prioritizing disciplined delivery and cost control. “I think it’s more creating a boring business,” he said, describing a strategy centered on quarter-on-quarter performance, organic growth at Castle Mountain and Los Filos, and a target to drive total all-in costs below $2,500 per oz, excluding major growth capital.