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Equinox and Leagold in C$1.3 billion merger

Equinox Gold and Leagold Mining have announced a merger to create a C$1.3 billion America’s-focused precious metals producer with forecast combined gold production of 700,000 ounces in 2020, increasing to 1Moz during 2021 and beyond from six operating mines in USA, Mexico and Brazil, putting the company into the world’s top 20 primary gold producers.

Equinox and Leagold in C$1.3 billion merger Equinox and Leagold in C$1.3 billion merger Equinox and Leagold in C$1.3 billion merger Equinox and Leagold in C$1.3 billion merger Equinox and Leagold in C$1.3 billion merger

Ross Beaty drives another gold merger, absorbing Leagold into Equinox

In addition to producing mines, the company will have two development projects and two expansion projects, plus potential operating and administrative synergies of more than $10 million a year.