Production
Equinox Gold RDM Offtake
Trident owns an offtake for 35% of the gold produced at Equinox Gold’s Santa Luz, Riacho Dos Machados (“RDM”), and Fazenda Mines up to 658,333 delivered ounces.
Equinox Gold RDM Offtake
RDM is a producing open pit gold mine in Minas Gerais State, Brazil, with 2023 production of 52,6000 koz of gold. In 2024, RMD is expected to produce 50,000-60,000 koz of gold.
The mine is expected to produce an average c. 70koz p.a. from 2021-2027. The mine life is expected to be ~5 years with current reserves sitting at 556 koz @ 0.99 g/t Au
| Location | Brazil |
|---|---|
| Operator | Equinox Gold |
| Commodity | Gold |
| Mining Method | Open Pit |
| Stage | Production |
| RDM Proven | 12Mt @ 0.96 g/t – 360koz |
|---|---|
| RDM Probable | 6Mt @ 1.04g/t – 196koz |
| RDM Total | 18Mt @ 0.99 g/t – 556koz |
Source: Equinox Gold