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Equinox Gold Ord Shs T.EQX

Alternate Symbol(s):  EQX

Equinox Gold Corp. is a Canadian mining company operating entirely in the Americas, with eight producing gold mines. Its operating mines include Aurizona Gold Mine, Fazenda Gold Mine, Santa Luz Gold Mine, RDM Gold Mine, Los Filos Gold Mine, Castle Mountain Gold Mine, Mesquite Gold Mine and Greenstone Gold Mine. Its development projects include Greenstone Project, Los Filos Expansion, Castle Mountain Expansion, and Aurizona Expansion. Aurizona Gold Mine is an open-pit gold mine located in northeastern Brazil near the town of Godofredo Viana in Maranhao State. Greenstone Gold Mine is a multi-million-ounce gold project located in the top-tier mining jurisdiction of Ontario, Canada. Fazenda Gold Mine is located within the Maria Preta mining district in Bahia State, Brazil. RDM Gold Mine is located in Minas Gerais State, Brazil, about 560 kilometers (km) north of the state capital city of Belo Horizonte. The Los Filos Mine Complex is in Guerrero State, Mexico.


TSX:EQX - Post by User

Post by Horsesmouth2Uon Oct 24, 2022 9:55am
199 Views
Post# 35043351

THE COMPLETE BS PRICE OF GOLD ON THE COMEX

THE COMPLETE BS PRICE OF GOLD ON THE COMEX

The incongruously low paper price of gold in the face of the current global economic turmoil is creating shortages and driving up premiums for the physical metal in key Asian markets.

On China’s Shanghai Exchange, for example, gold bullion is running about $43 per ounce over US prices, according to the World Gold Council. As a result, major wholesale bullion suppliers like Standard Chartered and JP Morgan are channeling metal to China. India’s on-hand stockpiles are now at 10% of where they are typically this time of year, according to Tribune India. The resulting shortage, it reports, could “force Indian buyers to start paying hefty premiums for supplies in the approaching peak-demand season.” Over this past weekend, Business Standard reported a gold rush is underway in India, with festival jewelry orders jumping 595% over last year.
USAGOLD

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