In this paper, we study the generalized Heisenberg ferromagnet equation, namely, the M-CVI equation. This equation is integrable. The integrable motion of the space curves induced by the M-CVI equation is presented. Using this result, the Lakshmanan (geometrical) equivalence between the M-CVI equation and the two-component Camassa-Holm equation is established. Note that these equations are gauge equivalent each to other.
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