Equinox Gold and Calibre Mining have successfully completed the previously announced merger, creating an Americas-focused diversified gold producer with a portfolio anchored by two Canadian gold mines: Greenstone and Valentine.
The Valentine mine, which is in Newfoundland & Labrador, is in the final stages of construction and plant commissioning, with first gold expected by the end of the third quarter of 2025. With Greenstone and Valentine at nameplate capacity, Equinox Gold will become the second largest gold producer in Canada.
“The successful completion of this merger marks a pivotal milestone, providing a robust platform for increased gold production and long-term value creation,” said Blayne Johnson, chair of the Calibre Mining board of directors.
“By combining the assets and leadership of two strong Canadian companies, Equinox Gold is now better positioned to enhance its scale, resilience, and growth trajectory, backed by a leadership team with a proven track record of success for shareholders.”
The combined company will be led by Greg Smith, chief executive officer and director, Darren Hall, president and chief operating officer, and Peter Hardie, chief financial officer.
Source: Equinox Gold