Equinox Gold Reports 176,836 Ounces of Gold Production in Q2 2026, Canadian Gold Production Increased 11% Quarter-over-Quarter
Equinox’s Canadian operations are ramping up as the Orla merger positions the company to become a 1.1 million ounce per year producer.
Equinox Gold Corp. reported second-quarter 2026 production of 176,836 oz of gold, bringing year-to-date output to 374,464 oz. Canadian production rose 11% quarter-over-quarter to 97,273 oz, driven by the Greenstone mine, which produced 64,656 oz, and the Valentine mine, which produced 32,617 oz.
Greenstone’s mill throughput averaged 26,856 t/d, with 69% of operating days exceeding the 27,000 t/d nameplate capacity, compared to 51% in the first quarter. The process plant at Valentine averaged 7,730 t/d, operating at 113% of nameplate capacity. The company reaffirmed its full-year 2026 guidance of 700,000–800,000 oz of gold production.
Equinox also highlighted two strategic milestones. The company is pursuing the proposed at-market acquisition of Orla Mining, with a shareholder vote scheduled for July 22, 2026, which would create a producer with approximately 1.1 moz/yr of output. Additionally, Equinox signed 20-year land access agreements with all three Los Filos host communities, enabling restart planning and the evaluation of a carbon-in-leach development scenario.
Equinox Gold Corp. (EQX) issued a production update that introduces no new financial or cost data, no guidance revision, and no change to the Orla transaction timeline, which was already disclosed on May 13 with meeting materials filed on June 23. The company reported Q2 production of 176,836 oz, a figure slightly below the Q1 2026 production of 197,628 oz. This decline was expected due to a seasonal Canada ramp and the sale of Brazil operations, which contributed 13,473 oz in Q1.
Canadian production alone increased 11% quarter-over-quarter, while the two flagship mills are running at or above nameplate capacity, validating the ramp-up thesis. The Los Filos land access agreement, previously announced on June 25, was reiterated in today’s release. The Orla combination remains subject to a July 22 vote. The information confirms that operations are progressing as guided.
Equinox Gold Corp. (EQX) is a mid-tier gold producer operating mines in Canada, the USA, and Nicaragua. Its Canadian assets include the Greenstone and Valentine mines, while its U.S. operations feature the Mesquite mine. In Nicaragua, the company operates the El Limón and La Libertad mines. In January 2026, Equinox Gold completed the sale of its Brazilian operations, a move that transformed its balance sheet.
The company’s growth pipeline includes the Valentine Phase 2 expansion, the Castle Mountain Phase 2 project in California, and the suspended Los Filos mine in Mexico. Following a merger with Orla, expected in Q3 2026, Equinox Gold would add the Musselwhite mine in Canada, the Camino Rojo mine in Mexico, and the South Railroad development project in Nevada. This combination would bring total expected production to approximately 1.1 million ounces per year in 2026.