Equinox Gold reported record gold production in both the fourth quarter and full year of 2025, driven by strong operational performance across its expanded asset base and growing contributions from its Canadian operations.

The company produced a record 922,827 ounces of gold in 2025, including 247,024 ounces in the fourth quarter. Growth was supported by improved performance at the Greenstone mine in Ontario and the early ramp-up of the Valentine mine in Newfoundland, which achieved commercial production ahead of schedule in November. Preliminary results also showed a 24% increase in cash to $430 million by year-end, despite one-time tax payments and debt repayments.

Looking ahead, Equinox Gold forecast 2026 production of 700,000 to 800,000 ounces, with Canadian gold output expected to rise by around 80% year over year. The company said production growth will be supported by a full year of operations at Valentine, continued improvements at Greenstone, and disciplined capital allocation focused on high-return expansion projects.

Source: Equinox Gold Corp., January 14, 2026