Dec. 15 at 1:14 AM
$EQX Equinox Gold Announces Sale of Brazil Operations for Total Consideration of
$1.015 Billion, Focusing on Near-Term North American Growth
Equinox Gold agreed to sell its Brazil operations, including the Aurizona Mine, RDM Mine, and Bahia Complex, to a subsidiary of CMOC Group for total consideration of
$1.015 billion. The deal includes
$900 million in upfront cash at closing and a contingent payment of up to
$115 million tied to production one year later. Closing is expected in the first quarter of 2026, subject to regulatory approvals and customary conditions.
