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CMOC to buy EQX's Leagold LatAm, Luna Gold for $1 billion

ReutersDec 15, 2025 1:15 AM

- Chinese metals miner and processor CMOC Group 603993.SS on Monday said its unit CMOC Ltd plans to buy Leagold LatAm Holdings B.V. and Luna Gold Corp from Canada's Equinox Gold Corp EQX.TO for a combined $1.015 billion.

In the deal, CMOC will obtain a 100% interest in Aurizona Gold Mine, RDM Gold Mine and Bahia Integrated Mining Area, which is an area comprised of Fazenda Gold Mine and Santa Luz Gold Mine, it said in a filing on Monday.

The deal is subject to regulatory approvals, including from Brazil's antitrust authority CADE and relevant Chinese regulatory authorities, among others, CMOC said.

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