CMOC Group Acquires Equinox Gold's Brazil Operations (Aurizona, RDM, Bahia Complex)

January 23, 2026

Equinox Gold completed the sale of its Brazil Operations — the Aurizona Mine, RDM Mine and Bahia Complex — to a subsidiary of CMOC Group for total consideration of up to US$1.015 billion (US$900 million cash up front plus up to US$115 million contingent). The proceeds will be used to repay a $500 million term loan and a $300 million Sprott loan, reducing Equinox Gold's net debt to approximately US$150 million and refocusing the company on its North American growth assets.

Buyers
CMOC Group Limited
Targets
Aurizona Mine, RDM Mine (Riacho dos Machados), Bahia Complex
Sellers
Equinox Gold Corp.
Location
Brazil
Transaction Type
Divestiture

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