Equinox Gold trims FY guidance, says cost to exceed target

Canadian miner Equinox Gold said on Wednesday that its full-year production would fall short of its guidance and that its costs would exceed the upper-end of its target range, citing persistent global inflationary pressures.

The TSX-listed miner, which operates entirely in the Americas, stated that its production would be about 540 000 oz of gold, with its updated all-in sustaining cost (AISC) guidance of $1 530/oz being exceeded by about 5%.