Equinox Gold Corp. has provided updated guidance for 2025, reflecting its recent business combination with Calibre Mining Corp. and a slower-than-anticipated ramp-up at its Greenstone Gold Mine in Ontario, Canada. The company now projects a pro forma full-year gold production of 785,000 to 915,000 ounces. For the second quarter of 2025, Equinox Gold anticipates consolidated production of 135,000 to 145,000 ounces, with Greenstone contributing 45,000 to 50,000 ounces. Calibre's Q2 production is estimated at 70,000 to 72,500 ounces. Additionally, Equinox Gold expects total cash costs of $1,400 to $1,500 per ounce and all-in sustaining costs for the year. The Greenstone Mine is expected to see stronger production in the second half of 2025, with efforts underway to improve and optimize operations. Construction and commissioning at the Valentine project in Newfoundland are on track, with first gold anticipated by the end of Q3 2025. The company is also preparing for a conference call and webcast to discuss the pro forma guidance.
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