Equity Insider News Commentary Issued on behalf of Rua Gold Inc. Gold prices have surged past a historic $3,400 per ounce as concerns mount over the USA's global economic standing. Billionaire investor John Paulson recently forecasted gold could reach $5,000 per ounce by 2028, while precious metals analyst Mario Innecco has also outlined a strong case for an extended gold bull market. JP Morgan, meanwhile, maintains its [...]
Equity Insider News Commentary Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC., April 23, 2025 /CNW/ -- Equity Insider News Commentary - If you thought that gold prices setting new records was enough to keep the bulls happy, think again. Now a gold analyst backed by an endorsement from Canadian billionaire mining investor Eric Sprott is predicting a "once-in-a-generation" bull run for mining stocks. Gold stock [...]
Processing plant tie-ins concluded and first copper concentrate achieved; quarterly production in line with plan Torex Gold Resources Inc. reports Q1 2025 gold equivalent payable production of 59,630 ounces and AuEq sold of 60,568 oz. The Company is on track to achieve annual payable production guidance of 400,000 to 450,000 oz AuEq1. TABLE 1: PRELIMINARY FIRST QUARTER 2025 OPERATIONAL RESULTS1 ELG Open Pit ELG [...]
Torex Gold Resources announces completion of the four-week tie-in period for the Media Luna Project and first production of precious metal-rich copper concentrate. Jody Kuzenko, President and CEO of Torex, stated: "Following almost three years to the day of the release of our feasibility study for the Media Luna Project, we have completed the tie-in period at our processing plant and achieved first production of copper [...]
Torex Gold Resources is pleased to report year-end 2024 mineral reserves and resources for the Morelos Complex, which includes the producing El Limón Guajes Mine Complex, Media Luna Underground mine, development phase EPO Underground deposit, and surface stockpiles. Year-over-year comparison of mineral reserves & mineral resources for the Morelos Complex December 31, 2024 December 31, 2023 Variance Tonnes AuEq AuEq Tonnes [...]
Torex Gold Resources is pleased to provide results from the ongoing drilling program at Media Luna West and results from initial drill testing at Media Luna East. Drilling at both targets supports the Company's exploration strategy, which is focused, in part, on unlocking additional near-mine opportunities at the Media Luna Cluster in order to further enhance and extend the production profile of the Morelos Complex. Jody [...]
Torex Gold Resources reports the Company's financial and operational results for the three months and year ended Dec 31, 2024. Torex will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "2024 marked another year of consistently strong operational results from Morelos. With gold production of more than 452,000 ounces, we met our annual guidance for [...]
Torex Gold Resources provides a Q4 2024 update on the development of its Media Luna Project. Unless otherwise stated, progress and milestones referenced in this press release are as of December 31, 2024. Jody Kuzenko, President & CEO of Torex, stated: "The Media Luna Project is now in its final months, sitting at 94% complete as of the end of 2024. We are well on track to complete the project and produce first copper [...]
Torex Gold Resources provides 2025 operational guidance as well as an updated five-year production outlook for the Morelos Complex. Full-year guidance assumes a four-week shutdown of the processing plant during the first quarter to carry out upgrades and tie-ins required to complete the Media Luna Project. TABLE 1: 2025 OPERATIONAL GUIDANCE 2025 Guidance 2024 Guidance1 Gold Equivalent2,3 Payable production2 AuEq koz 400 [...]
Torex Gold Resources reports fourth quarter gold production of 103,795 ounces and full-year gold production of 452,523 oz, within the Company's revised guidance range of 450,000 to 470,000 oz. Fourth quarter and full-year gold sold were 108,647 oz and 455,932 oz, respectively. TABLE 1: PRELIMINARY FOURTH QUARTER AND FULL-YEAR 2024 OPERATIONAL RESULTS Q4 2024 FY 2024 Mining ELG Open Pits - Ore tonnes mined per day tpd [...]
Torex Gold Resources reports that the Director General of Mines under the Federal Ministry of Economy has lifted the temporary suspension notice and allowed for all activities within the Morelos Complex to resume. Jody Kuzenko, President & CEO of Torex, stated: "Following notification that the temporary suspension has been lifted by the Director General of Mines, all production and development activities at the Morelos [...]
Torex Gold Resources reports that the Company has received a notification from the Director General of Mines under the Federal Ministry of Economy that all activities within the Morelos Property are to be temporarily suspended to support their inspection associated with the fatal incident at the El Limón Guajes underground mine on December 5th. As a result, all operational and project activities within the Morelos Complex [...]
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