Kitco Mining, Released on 2/24/25

What’s next for Equinox Gold after the Calibre merger? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Ross Beaty, Chair of Equinox Gold, at the 2025 BMO Global Metals, Mining & Critical Minerals Conference. Beaty discusses the recent merger of Equinox Gold with Calibre Mining, a CAD$7.7 billion transaction that will create one of the largest gold producers in the Americas. He highlights the synergies between the two companies, the benefits of a zero-premium deal, and the expected positive re-rate for the combined entity. Beaty also touches on the company’s strategy for deleveraging and rationalizing its asset portfolio.

Key points:
Merger of Equinox Gold with Calibre Mining to create a leading gold producer.
Zero-premium deal and its advantages for shareholders.
Expected positive re-rate due to increased size and liquidity.
Focus on deleveraging and enhancing the asset portfolio.
Anticipated closing of the transaction around May.

00:00 Introduction: Major M&A Announcement: Equinox Gold and Calibri Mining
00:32 Details of the Merger Deal
01:49 Synergies and Management Integration
03:14 Market Impact and Investor Expectations
04:15 Challenges and Opportunities in the Gold Market
05:42 Future Plans and Strategic Goals
13:04 Financial Strategies and Debt Reduction
13:46 Closing Remarks and Future Outlook

Ross J. Beaty is an entrepreneur and businessperson who has been at the helm of 12 different companies and is Chairman for Equinox Gold Corp., former Chairman at Pan American Silver Corp. (which he founded in 1994), and Chairman for Regalito Copper Corp. Ross J. Beaty is also President & Director at Sitka Foundation and on the board of 5 other companies. He is the founder of 6 different companies, including: Pan American Silver Corp., Global Copper Corp. and Northern Peru Copper Corp.

  Calibre, Equinox Gold, gold, gold mining, investing, Ross Beaty