The Canadian miner had already suspended activities at the operation in September, after locals blocked access to it.
The company withdrew 2020 production and cost guidance for the mine, which had been expected to produce 90,000-110,000 ounces of the company’s 470,000-530,000 ounces of gold a year.
The Los Filos complex began commercial production in 2008. The operation consists of two large open pits (Los Filos and Bermejal) and one underground mine.
Midday Tuesday, Equinox’s stock was down nearly 4% on the TSE. The company has a C$2.8 billion market capitalization.
