Torex Gold Resources Inc. announces that the Company has received approval from Mexico's Secretariat of Environment and Natural Resources on the amendment of a key environmental permit for its Media Luna project. The approval allows for construction activities beyond the boundary of the Company's existing permit, which is necessary for the [...]
Torex Gold Resources Inc. is pleased to announce that the Company has repaid early the remaining $40 million of debt in relation to the 2019 Debt Facility and is now debt free other than approximately $5 million of finance leases. In addition, the Company's wholly-owned subsidiary Minera Media Luna, S.A. de C.V. has signed a Third Amended and [...]
Torex Gold Resources Inc. reports that in 2020, total Proven & Probable gold reserves for the Company's El Lim?n Guajes Complex declined 15% year-over-year primarily due to depletion, with ongoing exploration success driving a 15% increase in underground reserves, and ore processed resulting in a 20% decline in open pit reserves. Jody Kuzenko [...]
Torex Gold Resources Inc. announces results from the 2020 infill drilling program at Media Luna. The primary purpose of the infill program was to upgrade Inferred Mineral resources to the Indicated category within Media Luna Upper . The program follows on the 2017-2019 infill program carried out in Media Luna Lower , which resulted in a maiden [...]
Torex Gold Resources Inc. reports financial and operational results for the three months and year ended December 31, 2020. Jody Kuzenko, President & CEO of Torex, stated: "2020 was a record-breaking year for many aspects of our business despite the challenges associated with COVID-19. Gold sales of 437,310 ounces at a realized gold price of [...]
Torex Gold Resources Inc. announces that it will release its fourth quarter and year end 2020 financial and operational results early morning on Wednesday February 24, 2021 followed later in the morning by a conference call hosted by senior management. Fourth Quarter and Year End 2020 Conference Call and Webcast Details A conference call and [...]
Today, Torex Gold Resources Inc. announces that the release of the Morelos Technical Report , including the Media Luna feasibility study, has been rescheduled from mid-2021 to Q1 2022. Rescheduling the release of the Technical Report will allow for the inclusion of additional results from the 2021 infill drill program at Media Luna, an updated mine [...]
Today, Torex Gold Resources Inc. provides 2021 operational guidance. 2021 OPERATIONAL OUTLOOK 2021 Guidance 2020 Guidance 2020 Guidance Gold Production oz 430,000 to 470,000 390,000 to 420,000 420,000 to 480,000 2020 Actual = 430,480 Total Cash Costs1 $/oz sold $680 to $720 $695 to $740 $640 to $670 All-in Sustaining Costs1 $/oz sold $920 to $970 [...]
Torex Gold Resources Inc. reports Q4 2020 gold production of 130,640 ounces and full year production of 430,480 ounces. Annual output at El Lim?n Guajes beat the upper end of revised production guidance and exceeded the lower end of original guidance . In August, annual production guidance was lowered following a partial quarter of operations in [...]
Torex Gold Resources Inc. is pleased to announce the appointment of Andrew Snowden as the Company’s Chief Financial Officer effective January 4, 2021. Andrew will be replacing Steven Thomas, who will be stepping down from Torex effective December 31, 2020. Andrew is currently Senior Vice President and CFO at [...]
The employee and contractor team at Torex Gold Resources Inc. is proud to announce that the threshold of 10 million hours worked without a lost-time injury has been crossed at the Company’s El Lim?n-Guajes operations in Mexico. Jody Kuzenko, President and CEO, stated: “I’m so proud of our entire team for achieving this exceptional milestone [...]
Torex Gold Resources Inc. announces the Company’s financial and operational results for the three and nine months ended September 30, 2020. Jody Kuzenko, President & CEO of Torex, stated: “Q3 was simply extraordinary -- a record-breaking quarter across many facets of the business. Gold sales of 133,036 ounces were the highest in our history, as was [...]
