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Access here alternative investment news about Equinox Purchases California Gold Mine For Us$158 Million
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Equinox Purchases California Gold Mine For Us$158 Million

by juniorminingnews.com posted 1month ago 9 views
By Nicole Rashotte Equinox Gold (TSXV:EQX,OTC:EQXFF) has moved towards becoming a gold producer with its US$158-million purchase of the Mesquite open-pit gold mine in California from New Gold (TSX:NGD,NYSE American:NDG), the Canadian firm announced on Wednesday (September 19). Equinox reported that the Mesquite mine produced 64,900 ounces of gold at an all-in sustaining cost of US$864 per ounce during the first half of 2018, and also has a cost guidance of US$1,000 per ounce to US$1,045 per ounce for the year.