Torex Gold Resources Inc. announces results from the 2019 drill program at the El Limón Deep deposit, at the Company’s El Limón Guajes complex in Mexico. The 2019 program has been successful in extending mineralization 150 metres down-dip from current reserves as well as along strike to the south. Highlights from the latest round of drill results include 15.6 g/t Au over 38.0 metres in LDUG-039, 28.5 [...]
Torex Gold Resources Inc. reports the Company’s financial and operating results for the three and nine months ended September 30, 2019. Fred Stanford, President & CEO of Torex, stated: “From every perspective, this was an excellent quarter. Safety performance continued to be outstanding with zero lost time injuries in the quarter. Record gold production of 138,145 ounces was more than 20% higher than the [...]
Torex Gold Resources Inc. announces organizational changes to take effect at the Company’s annual general meeting in June 2020. At the next AGM, Terry MacGibbon will continue to stand for election to the Board but will step down as the Chair of the Company. At the same meeting, the Board intends to appoint Fred Stanford as the Executive Chair and Jody Kuzenko as President and Chief Executive Officer and to nominate [...]
Torex Gold Resources Inc. maintains regular and open dialogue with all shareholders and stakeholders. As part of our open dialogue, we welcome and consider all feedback from shareholders and consider such feedback in the Board’s regular review processes. The Board, as it always has, uses best practices to ensure that there are no circumstances which would interfere with the execution of a director’s fiduciary [...]
Torex Gold Resources Inc. announces that it will release its Q3 2019 financial and operational results early morning on Wednesday, October 30, 2019, followed by a conference call hosted by senior management. Q3 2019 Conference Call and Webcast A conference call and webcast to discuss the Q3 2019 financial and operational results will be held on Wednesday, October 30, 2019 at 9:00 AM ET. Telephone access Please join the [...]
Torex Gold Resources Inc. announces Q3 2019 gold production of 138,100 ounces, surpassing the prior quarterly production record established in Q2 2019 by 21%. During the third quarter, the Company sold 132,500 ounces of gold at an average realized price of $1,475 per ounce. After the first nine months of the year, Torex has sold 322,400 ounces of gold at an average realized price of $1,376 per ounce. With the strong [...]
Torex Gold Resources Inc. announces the Company has entered into a series of zero-cost collar hedges which are consistent with the policy approved by the Board of Directors. A total of 96,000 ounces of gold sales have been hedged evenly over the next 12 months. The floor price of the monthly gold collars has been set at $1,400/oz with the ceiling price of the collars ranging from $1,666/oz in September 2019 to $1,768/oz [...]
Torex Gold Resources Inc. reports the Company’s financial and operating results for the three and six months ended June 30, 2019. Fred Stanford, President & CEO of Torex, stated: “We delivered record gold production and sales in Q2, with gold output increasing and cash costs declining quarter-over-quarter as anticipated. With the strong production result, we are well on track to delivering on our full year [...]
Torex Gold Resources Inc. is pleased to announce that the Company’s wholly-owned subsidiary Minera Media Luna, S.A. de C.V. has signed an amended and restated credit agreement with Bank of Montreal, BNP Paribas, ING Bank N.V., Dublin Branch, Société Générale and The Bank of Nova Scotia in connection with a secured $335 million debt facility . The Debt Facility is an amendment and [...]
Torex Gold Resources Inc. announces that it will release its Q2 2019 financial and operational results early morning on Thursday, August 8, 2019, followed by a conference call hosted by senior management. Q2 2019 Conference Call and Webcast A conference call and webcast to discuss the Q2 2019 financial and operational results will be held on Thursday, August 8, 2019 at 9:00 AM ET. Telephone access Please call the numbers [...]
Torex Gold Resources Inc. reports Q2 2019 gold production of 113,600 ounces, approximately 12% higher than the previous quarterly production record set in Q3 2018. During the second quarter, 113,400 ounces of gold was sold at an average realized price of $1,313 per ounce, resulting in H1 2019 gold sales of over 189,800 ounces at an average realized price of $1,309 per ounce. With the quarterly production result, the [...]
Torex Gold Resources Inc. announces the results of its 2019 annual and special meeting of shareholders held in Toronto, Ontario on June 20, 2019. Item 1. Election of Directors At the Meeting, all director nominees listed in the Company’s management information circular dated May 7, 2019, were elected as directors of the Company. The detailed results of the vote by ballot are as follows: Director Vote Type Number of [...]
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