Equinox Gold Corp. (TSXV: EQX) says itsAurizona project in Brazil is onschedule to achieve a gold pour by the end of 2018, with average annualproduction projected at 136,000 ounces. As of the end of the second quarter,the overall project was 60% completed and plant construction 51% completed. The$146 million project is fully funded, the company reports. During the secondquarter, the company also announced results of a prefeasibility study forCastle Mountain in California, showing a 16-year mine life and 3.6 millionounces of gold reserves.
By Allen Sykoraof Kitco News; asykora@kitco.com
Friday August 3, 2018 08:08
Osisko Gold Royalties Ltd (TSX, NYSE: OR) reports adjusted earnings in the second quarter of $3.7million, or 2 cents per share, compared to $7.1 million, or 7 cents, in thesame period a year ago. The company says it earned 20,506 gold-equivalent ounces, which was in line with 2018annual guidance of 77,500 to 82,500.
By Allen SykoraFor Kitco News
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