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

January 23, 2026

Equinox Gold has completed the previously announced sale of its Aurizona Mine, RDM Mine and Bahia Complex in Brazil (the “Brazil Operations”) to a subsidiary of the CMOC Group for total consideration of up to US$1.015 billion. Equinox Gold received US$900 million in cash and will receive a production-linked contingent payment of up to US$115 million on January 23, 2027, using proceeds to repay debt and reduce net debt to about US$150 million.

Buyers
CMOC Group Limited
Targets
Equinox Gold Corp. Brazil Operations (Aurizona Mine, RDM Mine and Bahia Complex)
Sellers
Equinox Gold Corp.
Industry
Energy
Location
British Columbia, Canada
Transaction Type
Divestiture

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