Equinox Gold completes Orla Mining merger and lifts dividend

Equinox Gold announced the completion of its merger with Orla Mining, creating a larger North‑American gold producer. The combined company targets annual production of about 1.1 million ounces of gold in 2026, with a longer‑term goal of more than 1.9 million ounces as its growth projects come online. The deal also triggers a leadership change: Ross Beaty steps down as chair and Chuck Jeannes assumes the role.

Alongside the merger, Equinox raised its quarterly dividend by 50 % to $0.0225 per share, an annualized yield of roughly 0.8 %. The company noted a recent surge in options activity, with put volume up about 69 % versus its average. These moves underscore Equinox’s focus on expanding production while returning cash to shareholders.