Equinox acquires full ownership of Greenstone for $995m

Vancouver-based Equinox Gold has announced the acquisition of Orion Mine Finance’s 40% interest in Greenstone Gold Mines for $955-million. This gives Equinox full ownership of what it describes as a “rare” gold opportunity. The company acquired its 60% interest in Greenstone three years ago, and chairperson Ross Beaty says it has always been Equinox’s ultimately goal to own the whole mine.