BNN Bloomberg
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May 13, 2026
· 3 min read
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‘Proudly Canadian:’ A US$18.5B merger to become second-largest gold producer - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
Two Vancouver-based gold mining companies are merging, aiming to become the second-largest producer of Canadian gold.
On Wednesday, Equinox Gold Corp. announced it is buying Orla Mining Ltd. in a cash and stock deal valued at US$5.1 billion.
The joint company will have a total market value of US$18.5 billion, and is expected to produce more than one million ounces of gold annually through six operating mines spanning Canada, the United States, Nicaragua, and Mexico.
Equinox chief executive Darren Hall says the team has an organic growth path to double that output to nearly two million gold …
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