Equinox Gold Corp (NYSE:EQX) Q4 2022 Results Conference Call February 22, 2023 10:30 AM ET

Company Participants

Rhylin Bailie - Vice President of Investor Relations

Greg Smith - Chief Executive Officer

Peter Hardie - Chief Financial Officer

Doug Reddy - Chief Operating Officer

Conference Call Participants

Wayne Lam - RBC

Anita Soni - CIBC World Markets

Kerry Smith - Haywood Securities

John Sclodnick - Desjardins

Mike Parkin - National Bank

Operator

Thank you for standing by, this is the conference operator. Welcome to the Equinox Gold Fourth Quarter 2022 Results and Corporate Update. [Operator Instructions] The conference is being recorded. [Operator Instructions]

I would now like to turn the conference over to Rhylin Bailie, Vice President, Investor Relations for Equinox Gold. Please go ahead.

Rhylin Bailie

Thank you, Ariel [ph], and thank you everybody for joining us today for our Q4 call. We will, of course, be making a number of forward-looking statements today. So please take a time to visit our continuous disclosure documents on SEDAR and on EDGAR and on our website.

I will now turn the call over to our CEO, Greg Smith.

Greg Smith

Thanks, Rhylin, and thanks everyone for joining us today. On the call with me is our COO, Doug Reddy; our CFO, Peter Hardie; our EVP of Exploration, Scott Heffernan; and of course, our VP of Investor Relations, Rhylin Bailie. As you all know, we're here to discuss our 2022 fourth quarter and full year of financial and operating results.

And as a reminder, Equinox is a diversified America's focus goal producer. We've got seven producing mines across Brazil, Mexico, and the United States. We also have several growth projects, including our large-scale Greenstone Gold Mine in Ontario that we are constructing now along with our 40% joint venture partner Orion Mind Finance.

I'll start with a broad overview for the quarter and the year and then turn the call over to Pete and Doug for more details.

Q4 is our highest quarterly production for the year of just over 150,000 ounces. In fact, this is the second highest quarterly production in the company's history. And while inflationary pressures persisted through the fourth quarter, we also achieved our lowest cost for the year with cash costs of $1,223 per ounce and all in sustaining costs of $1,523 per ounce. We finished the year with total production of just over 532,000 ounces at total cash cost per ounce of $1,328 per ounce and, all in sustaining costs of $1,622 per ounce.