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Equinox Gold's Greenstone Mine Announces Commercial Production [Yahoo! Finance]

Equinox Gold Corp. Common Shares (EQX) 
Company Research Source: Yahoo! Finance
pleased to announce that based on the operating progress achieved through October, its Greenstone Mine in Ontario, Canada has reached commercial production. Greg Smith, President & CEO of Equinox Gold, commented: "With the Greenstone Mine continuing to ramp up and generating positive operating cash flow, we are pleased to announce commercial production at our newest and largest gold mine. This milestone marks the culmination of three years of construction and commissioning, accomplished during the challenges of a global pandemic, supply chain disruptions, and inflationary pressures. I extend my thanks and congratulations to the Greenstone team for their dedication and perseverance in achieving this milestone." During Q3, the Greenstone Mine processed an average of 14,300 tonnes per day ("tpd"), representing 53% of design throughput, producing 42,400 ounces of gold at an average recovery rate of 79% and a cash cost of US$930 per ounce. The average throughput during the quarter incl Show less Read more
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