Torex Gold Resources Inc. reports the Company's financial and operational results for the three months and year ended December 31, 2022. Torex will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "Operational consistency and disciplined cost control resulted in another strong year across all measures for Torex. Record gold production of 474,035 [...]
Torex Gold Resources Inc. provides an inaugural quarterly update on the development of its Media Luna Project , for which a Feasibility Study was included as part of an updated Technical Report released on March 31, 2022 . Unless otherwise stated, progress and milestones referenced in this press release are as of December 31, 2022. Jody Kuzenko, President & CEO of Torex, stated: "Development of Media Luna is well underway [...]
Torex Gold Resources Inc. provides 2023 operational guidance as well as a 5-year production outlook for the Morelos Complex, which includes production from the ELG Mine Complex and from the Media Luna Project . TABLE 1: 2023 OPERATIONAL GUIDANCE 2023 Guidance 2022 Guidance1 Gold Production oz 440,000 to 470,000 430,000 to 470,000 Total Cash Costs2a $/oz sold $740 to $780 $695 to $735 All-in Sustaining Costs2b $/oz sold [...]
Torex Gold Resources Inc. reports record annual gold production of 474,035 ounces in 2022 following fourth quarter production of 116,196 ounces. Full year gold production surpassed the upper end of the guided range of 430,000 to 470,000 ounces, marking the fourth year in a row original production guidance has been achieved. During the year, the Company sold 473,122 ounces of gold, including 121,913 ounces during the [...]
Torex Gold Resources Inc. is pleased to report positive assay results from step-out and infill drilling at El Limón Sur, which is targeting underground mineralization below the existing open pit as well as incremental open pit mill feed. The latest drill results support the Company's strategic priority of optimizing and extending production and cash flow from the El Limón Guajes Mine Complex. Jody Kuzenko, President & CEO [...]
Torex Gold Resources Inc. announces the Company has released its inaugural Climate Change Report aligned with the recommendations of the Task Force on Climate-Related Financial Disclosure . The Report includes greenhouse gas emissions reduction targets in support of its overall commitment to achieve net zero GHG emissions by 2050, which include a 10% reduction in absolute emissions ; and a 25% reduction in business as [...]
Torex Gold Resources Inc. reports the Company's financial and operational results for the three and nine months ended September 30, 2022. The Company will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "Our well-established track record of delivering safe and reliable production at El Limón Guajes continues, with 122,208 ounces produced this [...]
Torex Gold Resources Inc. reports Q3 2022 gold production of 122,200 ounces for the quarter ended September 30, 2022 from its El Limón Guajes mining complex in Mexico. With 357,830 ounces produced through the end of the third quarter, the Company is tracking towards the upper end of 2022 production guidance of 430,000 to 470,000 ounces. During the quarter, Torex sold 119,830 ounces of gold, resulting in year-to-date gold [...]
Torex Gold Resources Inc. announces the Company has received approval from Mexico's Secretariat of Environmental and Natural Resources on the key, culminating environmental permit for the Media Luna Project. The approval allows for operations to begin at Media Luna and builds on the receipt of the MIA Modification received last year, which allowed for the execution of development activities on the south side of the Balsas [...]
Torex Gold Resources Inc. is pleased to report positive assay results from the Company's ongoing drill program at the El Limón Guajes underground mine, including zones referred to as Sub-Sill and El Limón Deep . The latest drilling results support the Company's strategic priority to optimize and extend the mine life of ELG Underground beyond current reserves. Jody Kuzenko, President & CEO of Torex, stated: "ELG [...]
Torex Gold Resources announces the Company has finalized a credit agreement with a syndicate of Banks which increases the amount of credit available to $250 million from $150 million and extends the maturity of the facilities into 2025 from 2023. Andrew Snowden, CFO of Torex, stated: “We are pleased to increase the capacity and extend the maturity of our credit facilities with a syndicate of supportive lenders. The [...]
Torex Gold Resources reports the Company’s financial and operational results for the three and six months ended June 30, 2022. The Company will host a conference call tomorrow morning at 9:00 AM to discuss the quarterly results. Torex is also pleased to announce the appointment of Mr. Rodrigo Sandoval to its Board of Directors. Jody Kuzenko, President & CEO of Torex, stated: “Torex delivered solid results across multiple [...]
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