Equinox Gold Buys Calibre Mining For $1.8 Billion, Creating Canada's Second-Largest Gold Producer
1. Equinox Gold announced an all-stock merger to acquire Calibre Mining for $1.8B. 2. Deal creates Canada's second-largest gold producer with nine operating mines and additional projects. 3. Calibre shareholders receive 0.31 Equinox share per share, integrating cornerstone mines. 4. Post-merger production expected to exceed 1.2M ounces annually as key mines reach capacity. 5. Rising gold prices drive strategic consolidation; deal closing pending regulatory approvals.