PRECIOUS METALS

CEO says no liquidity crunch at Equinox

Equinox Gold does not face a liquidity crunch despite higher costs, falling margins an ongoing mine build at Greenstone in Ontario, Canada and stoppages at its Los Filos operation in Mexico, president and chief executive Greg Smith told Mining Journal at the Precious Metals Summit in Zurich, Switzerland.

Paul Harris in Zurich, Switzerland
Equinox Gold's Greenstone in Ontario, Canada

Equinox Gold's Greenstone in Ontario, Canada

In August, financial services firm Desjardins said it believes the Greenstone build will leave Equinox's treasury bare if the gold price averages $1,750/oz for the remainder of this year and 2023 and $1,775/oz...

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