Zhi Tong Cai Jing·2026-01-26 01:49Core Viewpoint - On January 25, Luoyang Molybdenum Co., Ltd. announced the acquisition of 100% equity in Aurizona Gold Mine, RDM Gold Mine, and Bahia Complex from Equinox Gold Corp, with the transaction completed on January 23, 2026 [2] Group 1: Acquisition Details - The acquisition was facilitated through a subsidiary and was completed swiftly due to the operational experience and synergies gained from the company's existing niobium-phosphate project in Brazil, which has been operational for nearly ten years [2] - The acquired gold assets contain a total gold resource of 5.013 million ounces with an average grade of 1.88 g/t, and gold reserves of 3.873 million ounces with an average grade of 1.45 g/t [2] Group 2: Economic Impact - The company anticipates that the substantial gold resources, along with well-established infrastructure and mature beneficiation processes, will contribute to production and profits immediately following the acquisition [2] - The expected annual gold production for 2026 is projected to be between 6 to 8 tons, which will positively impact the company's gold production targets and enhance resource reserves [2]