Business UpdateJun 25, 2026, 05:01 PM
Equinox Gold Secures 20-Year Land Access for Los Filos Mine
AI Summary
Equinox Gold announced it has secured 20-year land access agreements with all three communities hosting its Los Filos Mine in Mexico. These agreements enable the company to initiate activities for the gradual restart of heap leach operations and advance technical studies for potential expansion, including a carbon-in-leach processing facility. The Los Filos Mine holds significant mineral reserves and resources, and the company aims to optimize and grow the operation, though no Los Filos production is included in its 2026 guidance.
Key Highlights
- Signed 20-year land access agreements with three communities for Los Filos Mine.
- Initiated activities to support gradual restart of heap leach operations.
- Advancing technical studies to evaluate potential expansion opportunities.
- Evaluating construction of a carbon-in-leach (CIL) processing facility.
- Los Filos Mine contains 5.4 million ounces of mineral reserves (June 30, 2022).
- Los Filos Mine contains 7.9 million ounces of measured and indicated mineral resources.
- 2026 production guidance of 700,000 to 800,000 ounces of gold does not include Los Filos.
Price Impact
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