Equinox Gold (ASE) (TSE:EQX) has released an update.
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Equinox Gold Corp. has acquired full ownership of the Greenstone Mine by purchasing the remaining 40% from Orion Mine Finance, coupled with securing a US$500 million term loan to support this transaction. The company aims to transform Greenstone Mine into a low-cost, long-term gold mine in a prime mining region, with commercial production on the horizon. This move is expected to bring significant value to Equinox Gold’s stakeholders.
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