Real Assets
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.