In this KE Report company update, we speak with Rhylin Bailie, VP of Investor Relations at Equinox Gold (TSX: EQX – NYSE-A: EQX), following the shareholder-approved merger with Calibre Mining.
The newly combined company is on track to produce nearly 1 million ounces of gold in 2025, with a clear path to surpassing that milestone through 2026 and beyond.
Rhylin walks us through:
- Equinox’s rapid growth since 2017, driven by M&A and organic mine builds across five countries.
- The strategic rationale for the Calibre merger, including enhanced scale, diversification, and the potential for a valuation re-rating as a senior producer.
- Flagship Canadian assets Greenstone and Valentine, which are ramping toward 600,000 oz/year combined production.
- Development-stage upside at Castle Mountain (CA), Aurizona (Brazil), and multiple optimization projects across the portfolio.
- Outlook on debt reduction, potential for dividends, and disciplined capital allocation amid strong gold prices.
- An update on the Los Filos mine in Mexico and how it remains a long-term upside wildcard.
- Key near-term catalysts: closing the merger (expected mid-June), consolidated 2025 guidance, and first gold pour at Valentine (Q3 2025).
As Rhylin emphasizes, this is not just a merger of assets, but a merger of teams – combining two strong operators to build a resilient, cash-generating, growth-focused gold producer.
📩 For follow-up questions, reach out directly or leave comments. We’ll continue tracking the ramp-up progress and future updates from Equinox Gold. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
To learn more about Equinox Gold visit the Company’s website – https://www.equinoxgold.com/