Production
Trident owns an offtake for 35% of the gold produced at Equinox Gold Corp.’s Fazenda mine. The offtake has a cumulative cap of 658,333 ounces which can be delivered into from Fazenda Brasileiro and Trident’s offtakes over Equinox’s Riacho dos Machados and Santa Luz mines.
Fazenda has been in operation for nearly 40 years and has produced more than 3.3Moz of gold to date. Open pit mining and heap leaching began in 1984 and transitioned to underground mining with a carbon-in-pulp plant in 1988 (which was subsequently converted to carbon-in-leach in 1992). Today the mine is primarily an underground operation complemented with some small open pits.
| Location | Brazil |
|---|---|
| Operator | Equinox Gold Corp |
| Commodity | Gold |
| Mining Type | Underground |
| Stage | Production |
| 2023 Production | 66,375 ozs |
|---|---|
| 2024 Forecast | 67,500 ozs |
| Proven & Probable | 6.65Mt @ 1.47gpt Au |
|---|---|
| Measured & Indicated | 10.32Mt @ 1.98gpt Au |
| Inferred | 3.28Mt @ 1.50gpt Au |
| Total | 13.62Mt @ 1.87gpt Au |
Source: Capital IQ