Gold: Positioning for the Fed with Equinox Gold, Lahontan Gold, and Aya Gold & Silver

Equinox Gold, Lahontan Gold y Aya Gold & Silver are framed as key ways to position for the Federal Reserve’s policy path, with attention on gold-mining fundamentals and upcoming catalysts. The Equinox Gold segment highlights that the company’s stock has fallen heavily since late January, losing more than half of its market capitalization versus peers. It cites reported progress in lowering all-in sustaining cost (AISC) to below $2,000 per ounce, while also pointing to selling pressure linked to its more than $5 billion Orla Mining acquisition. That deal, structured as a merger largely funded through a share exchange, includes Canada’s Musselwhite Mine and Mexico’s Camino Rojo. Equinox targets 700,000 to 800,000 ounces of gold in 2025, and says the acquisition is expected to be finalized this quarter. For Lahontan Gold, the focus is on an upcoming updated mineral resource estimate for the Santa Fe project and a revised preliminary economic assessment expected late summer.