Equinox Gold and Orla Mining Combine to Create North America’s New Senior Gold Producer: Built to Grow, Built to Last

Equinox Gold and Orla Mining have entered into a definitive agreement to combine, creating a new senior gold producer with expected annual gold production of 1.1 million ounces and an implied market capitalization of $18.5 billion. The combined company will be anchored by three long-life Canadian gold mines, with a clear path to more than 1.9 million ounces of annual gold production from North American growth assets. Equinox and Orla will benefit from a combined free cash flow profile of approximately $1.4 billion in 2026, based on current analyst consensus estimates, and a total available liquidity of $1.4 billion to drive growth and continued shareholder returns.

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