Equinox extends Fazenda mine life to 2033
Dual-listed Equinox Gold has extended the mine life of its Fazenda mine in Bahia, Brazil, by seven years to 2033, following an updated mineral reserve and mineral resource estimate effective June 30, 2024. Operating since 1984 as a combined underground and openpit mine, Fazenda mineral reserves increased by 142% to 763 000 0z of contained gold. This expansion accounts for 242 000 oz of mining depletion since the last update in 2021, and sustains operations at the current throughput rate of 3 400 t/d.