A view of Equinox’s Greenstone operation. Credit: Equinox Gold.
Equinox Gold (TSX: EQX; NYSE-A: EQX) promoted chief operating officer Darren Hall to the post of CEO to replace founding shareholder Greg Smith, who is stepping down.
Hall, a 40-year industry veteran, served as Calibre Mining’s (TSX: CXB) CEO from 2021 until its acquisition by Equinox. The C$2.56 billion ($1.83 billion) transaction closed last month, turning Equinox into Canada’s second-largest gold producer after Agnico-Eagle Mines (NYSE, TSX: AEM). The management change is effective immediately.
David Schummer, Calibre’s former operations chief, will take up the same role at Equinox, according to a statement issued Tuesday. Schummer has over 35 years of mining industry experience working in the US, Canada, Peru, Indonesia, West Africa and the Middle East, including 22 years at Newmont (TSX: NGT; NYSE: NEM).
“We view the…
