Equinox Gold Receives Positive Record of Decision for South Railroad; Significant Permitting Milestone Unlocks Next North American Growth Project
Equinox Gold received a positive Record of Decision from the U.S. Bureau of Land Management for its South Railroad project in Nevada, completing federal permitting and authorizing the start of early works construction. The open-pit heap leach mine is expected to produce an average of 130,000 ounces of gold annually over its first five years, with initial capital costs estimated at $395 million.
Key figures
- Guidance
- 2026 Guidance includes $70-$80 million related to South Railroad
- Initial capex usd
- 395000000
- Land package hectares
- 25000
- Organic growth target oz
- 800000
- First gold production year
- 2028
- Engineering complete percent
- 55.2%
- Avg production first 5 years oz
- 130000
- Avg production first 10 years oz
- 100000
AI analysis
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