Equinox Gold declares commercial production at Valentine
TSX- and NYSE-listed Equinox Gold has achieved commercial production at its Valentine gold mine in Newfoundland and Labrador.
CEO Darren Hall said the operation was performing ahead of expectations, with plant availability, throughput and recoveries all exceeding commissioning-period assumptions.
“For the last 60 days, the Valentine process plant averaged 5 451 t/d – 80% of the nameplate capacity of 6 850 t/d – with gold recovery averaging over 93% on lower-grade commissioning feed of 1.2 g/t gold,” Hall stated.
The company expects the project to deliver at the upper end of its fourth-quarter production guidance of 15 000 oz to 30 000 oz. Equinox said it remained on track to reach nameplate capacity by the second quarter of 2026, supporting its forecast of 150 000 oz to 200 000 oz of gold production from Valentine next year.
Meanwhile, Equinox is progressing Phase 2 studies that would lift mill throughput to five-million tonnes a year. This would double the mine’s current nameplate capacity and represents an increase from the four-million-tonne-a-year design outlined in the 2022 feasibility study.
Hall said he was “incredibly proud” of the team for ramping up operations responsibly and ahead of schedule, adding that Valentine would play a central role in Equinox’s production growth profile into 2026.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation


















