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When Equinox Gold (TSE: EQX) was assembled in 2017, the objective was to build a firm that is more liquid and also more investable, said Chief Executive Officer Christian Milau that talked with Kitco on Tuesday. The Ross Beaty-backed miner projections over 500,000 gold ounces of manufacturing in 2020 and also 1M ounces in a few years out. Milau said scale is very important, keeping in mind that Equinox's dimension has enabled the company to hit a threshold where it is now accessing passive funds and also ETFs, which he said are significantly larger pools of capital.
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Why scale matters when building a gold miner
When Equinox Gold (TSE:EQX) was assembled in 2017, the goal was to build a company that is more liquid and more investable, said CEO Christian Milau who spoke to Kitco on Tuesday. The Ross Beaty-backed miner forecasts over 500,000 gold ounces of production in 2020 and 1M ounces in a few years out. Milau said scale is important, noting that Equinox's size has allowed the company to hit a threshold where it is now accessing passive funds and ETFs, which he said are significantly larger pools of capital.
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