$ORLA

Equinox Gold (TSX:EQX, NYSE American:EQX) reported Q2 2026 results after completing its Orla Mining merger on July 31. Q2 production was 176,836 oz and revenue was $769.8M, with cash costs of $1,816/oz and AISC of $2,175/oz. 2026 guidance was raised to 870,000-920,000 oz. The quarterly dividend was increased 50% to $0.0225/share.

Toronto’s TSX rose 575.45 points, or 1.6%, to 35,801.59, while the Canadian dollar slipped to 71.10 U.S. cents. Shares moved on earnings and downgrades, including 5N Plus, Telus, and upcoming results from Suncor and Orla. In the U.S., S&P 500 and Dow hit records; Palantir reported Q2 commercial revenue up 149% to $764 million. Oil fell to $75.83 and gold rose to $4,138.70.

Orla Mining Ltd shares rose 7.26% on the TSX to close at CA$13.45, according to the article. The move follows completion of Orla’s business combination with Equinox Gold Corp., creating a North American gold producer. The combined entity is expected to produce 1.1 million ounces annually, with potential growth above 1.9 million ounces.

Canada’s TSX opened up 1.2% on Tuesday, helped by hopes of a U.S.-Iran peace deal. 5N Plus reported Q2 results above estimates, but shares fell 17.1% to $27.00. Telus was downgraded by at least three brokerages after quarterly results, down 2% to $13.11. Oil fell and gold rose.

Canada’s TSX commodity-heavy index rose slightly in early Tuesday trading as oil climbed amid Middle East conflict uncertainty and gold was steady. Telus was reportedly downgraded by at least three brokerages after quarterly results. Suncor and other energy and mining firms, plus 5N Plus, are set to report earnings. Canada exports and imports rose modestly in June; trade surplus widened to $3.9B.

Equinox Gold and Orla Mining completed a merger to form a new North American senior gold producer, according to Equinox Gold. The combined company expects about 1.1 million ounces of gold per year, rising above 1.9 million ounces at full development. Equinox cited implied market cap of US$18.5bn and a mine portfolio across Canada, the US, and Mexico, plus leadership changes including CEO retirement in Oct 2026.

Orla Mining Ltd (OLA.TO) shares fell 4.78% to C$12.54 in the latest session, with the move attributed to fluctuating gold prices and uncertainty around its planned business combination with Equinox Gold. The deal is expected to close soon, with Orla shareholders set to receive Equinox Gold shares, which could affect investor sentiment.

Equinox Gold and Orla Mining completed their merger on July 31, 2026, creating a combined gold producer. The new Equinox Gold is expected to produce about 1.1 million ounces annually, target over 1.9 million ounces, and project free cash flow of about $1.4 billion in 2026. Orla shares began delisting from TSX and NYSE after a July 22 vote.

Equinox Gold Corp. said it has completed its acquisition of Orla Mining Ltd. from a group of shareholders, following the announced merger. The article also notes CEO changes and lists board and executive background for Ross J. Beaty. Investors may view the deal as a change to Equinox Gold’s asset base and corporate leadership.

Equinox Gold and Orla Mining have completed their merger, forming a new North American gold producer. The combined company is expected to produce about 1.1Moz of gold per annum, with growth targets outlined to exceed 1.9Moz, according to the companies.