Mining Stock Daily Equinox Gold Q3 Commentary with Improving Mining Rates at Greenstone and Ramp-up at Valentine
Nov 10, 2025
Ryan King, Vice President of Corporate Development at Equinox Gold, offers insights into the company's impressive Q3 performance. He highlights significant gold production and operational enhancements at the Greenstone project, and celebrates Nicaragua's record quarter. King delves into Equinox's strategic focus on debt reduction and potential asset sales, while also teasing upcoming developments at the Valentine project, including a successful first gold pour and ramp-up goals. It's a deep dive into mining operations and financial health.
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Operational Optimization Drives Immediate Gains
- Equinox focused on operational excellence to increase throughput at Greenstone without new equipment.
- Increased material movement and higher grades improved ounces and margins in Q3.
Valentine Adds Near-Term Production Upside
- Valentine ramp-up acted as a significant near-term catalyst after smooth commissioning.
- October throughput hit over 90% of nameplate, boosting consolidated production potential.
Set Realistic Cost Targets For Greenstone
- Target cash costs at Greenstone around $1,400–$1,500 per ounce over the long term.
- Expect near-term costs to be higher while the team optimizes operations and learns the asset.