Northwire Canada EditionWednesday, July 29, 2026
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Production / Operations

Equinox Gold processes 5,451tpd in 60 days at Valentine

By The Northwire Desk — AI Analysis Nov 18, 2025 · 11:12 EQX · 17.59 Equinox Gold Corp.
EQX · Price

Executive Summary

  • Equinox Gold Corp. has achieved commercial production at its 100%-owned Valentine Gold Mine in Newfoundland and Labrador, Canada.
  • The operation is performing ahead of schedule, with plant availability, throughput, and recoveries exceeding commissioning expectations.
  • The company anticipates reaching nameplate capacity by Q2 2026, with projected production of 150,000 to 200,000 ounces of gold for that year.

Key Details

  • Production Status: Commercial production achieved at the Valentine Gold Mine.
  • Recent Performance (Last 60 Days):
    • Average throughput: 5,451 tonnes per day (tpd).
    • Capacity utilization: 80% of nameplate capacity (6,850 tpd).
    • Gold recovery rate: Averaging over 93%.
    • Feed grade: Lower-grade commissioning feed of 1.2 grams per tonne gold.
  • Q4 2024 Guidance: Expected to deliver into the higher end of the range of 15,000 to 30,000 ounces of gold.
  • 2026 Production Outlook:
    • Anticipated to reach nameplate capacity by Q2 2026.
    • Projected 2026 production: 150,000 to 200,000 ounces of gold.
  • Future Expansion (Phase 2 Studies):
    • Advancing studies to potentially increase mill throughput to five million tonnes per year.
    • This would double the current nameplate capacity (up from four million tonnes in the 2022 feasibility study).

Notable Quotes

  • Darren Hall, CEO: "Achieving commercial production at Valentine marks an important milestone as we expand our Canadian operations. The operation is performing well, with plant availability, throughput and recoveries exceeding commissioning period expectations. I'm incredibly proud of the team for responsibly and efficiently ramping up production ahead of schedule."
  • Darren Hall, CEO: "For the last 60 days, the Valentine process plant averaged 5,451 tonnes per day (tpd), representing 80 per cent of nameplate capacity of 6,850 tpd, with gold recovery averaging over 93 per cent on lower-grade commissioning feed of 1.2 grams per tonne gold."
  • Darren Hall, CEO: "Valentine is expected to deliver into the higher end of our Q4 production range of 15,000 to 30,000 ounces of gold. With the ramp-up firmly on track, I anticipate Valentine will reach nameplate capacity by Q2 2026, resulting in 150,000 to 200,000 ounces of gold produced in 2026."
Read the original news release →

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Production / Operations