Welcome to our dedicated page for Torex Gold Resou news (Ticker: TORXF), a resource for investors and traders seeking the latest updates and insights on Torex Gold Resou stock.
Torex Gold Resources Inc. (OTCQX: TORXF) generates frequent news as a Canadian mining company focused on the exploration, development, and production of gold, copper, and silver. Most company announcements center on its flagship Morelos Complex in Guerrero, which Torex describes as Mexico's largest single gold producer, and on its growing portfolio of development and exploration projects in Mexico and the United States.
On this page, readers can follow Torex Gold news related to operational performance at the Morelos Complex, including quarterly production updates, guidance for gold-equivalent output, and all-in sustaining cost metrics. The company regularly reports on the ramp-up of the Media Luna underground mine, performance of the centralized processing plant, and drilling results from ELG Underground and the Media Luna Cluster.
Torex also issues news about its broader growth strategy, such as the acquisition and advancement of the Los Reyes gold-silver project in Sinaloa, Mexico, and the addition of early-stage exploration properties like Batopilas and Guigui in Chihuahua, and Gryphon and Medicine Springs in Nevada, USA. Corporate developments, including recognition in the TSX30 ranking, capital allocation decisions, normal course issuer bids, and the introduction of a dividend and share repurchase program, are also common themes.
Investors and followers of TORXF can use this news feed to track updates on production guidance, exploration results, project development milestones, and capital returns. Bookmark this page to monitor how Torex Gold communicates progress on its strategic objectives, including optimizing Morelos, delivering Media Luna to full production, growing reserves and resources, and advancing its diversified precious metals portfolio.
Torex Gold (OTCQX: TORXF) reported year-end 2025 mineral reserves and resources for the Morelos Complex and mineral resources for Los Reyes on March 24, 2026. Total Proven & Probable reserves at Morelos were 4,839 koz AuEq (3.80 gpt) and Measured & Indicated resources rose to 7,262 koz AuEq. Los Reyes contributed 2,047 koz AuEq Indicated and 765 koz AuEq Inferred. Media Luna West delivered an inaugural 506 koz AuEq Inferred at 5.11 gpt. Metal price assumptions for Morelos reserves/resources increased modestly versus prior year.
Torex Gold (OTCQX: TORXF) reported record 2025 results: revenue of $1.306 billion, net income of $403.4 million and adjusted EBITDA of $730.3 million. Media Luna reached commercial production May 1, 2025, enabling strong free cash flow and full debt repayment in January 2026. Payable production was 376,364 oz AuEq.
The company declared dividends, repurchased shares, completed Prime Mining and Reyna Silver acquisitions, and targets Media Luna steady-state 7,500 tpd by mid-2026.
Torex Gold (OTCQX: TORXF) announced a planned CEO transition: Jody Kuzenko will retire immediately after the Annual and Special Shareholder Meeting on June 17, 2026 and will not stand for re-election. Andrew Snowden, CFO since 2021, will assume the role of President & CEO and stand for election to the Board at the Meeting. Management highlighted delivered projects including Media Luna, stabilized production, a strong balance sheet with projected free cash flow, and an exploration pipeline in Guerrero, Sinaloa, Chihuahua and Nevada.
Torex Gold (OTCQX:TORXF) provided 2026 operational guidance and a five-year outlook for the Morelos Complex, guiding 420,000–470,000 oz AuEq production and 410,000–460,000 oz AuEq sales for 2026. Individual metal guidance: 320,000–365,000 oz Au, 2,200–2,500 koz Ag, and 60–65 mln lb Cu. 2026 AISC is guided at $1,750–$1,850/oz AuEq. Total 2026 capex is $285–$305M (sustaining $120–$130M, non-sustaining $165–$175M). Exploration budget is $77M with 148,500 m drilling planned. Media Luna North capex to production targeted by year-end 2026 at $100–$105M (project now $108–$113M).
Torex Gold (OTCQX: TORXF) reported preliminary operational results for Q4 2025 with payable production of 115,066 oz AuEq and AuEq sold of 105,946 oz based on market prices. Full-year payable production was 376,586 oz AuEq with sales of 361,518 oz AuEq. The Morelos Complex achieved average plant throughput of 10,705 tpd and planned recoveries, while Media Luna and ELG underground averaged 7,052 tpd and 3,175 tpd mined respectively. Media Luna is on track for steady-state 7,500 tpd by mid-2026. The company repurchased 825,769 shares in 2025 at C$57 average and paid an inaugural quarterly dividend of C$0.15 per share. Final Q4 and full-year 2025 financials will be released after market close on February 18, 2026.
Torex Gold (OTCQX: TORXF) reported results from the 2025 Media Luna West drilling program that defined a 400 x 300 m mineralized footprint and totalled 11,303 m across 24 drill holes. Notable high-grade intercepts include 12.25 gpt AuEq over 11.0 m (ML25-1088D) and 17.79 gpt AuEq over 12.9 m (ML25-1095D). The company said these results support an expected inaugural Inferred Resource to be declared with the annual reserves and resources update in March 2026. Drilling remains open along strike and future work will target north and south expansion and resource category upgrades.
Torex Gold (OTCQX: TORXF) received TSX approval to renew its normal course issuer bid (NCIB) to buy up to 8,133,430 common shares (≈10% of public float) from Nov 21, 2025 to Nov 20, 2026. As of Nov 11, 2025, Torex had 96,176,134 shares outstanding and a public float of 81,334,308 shares.
Purchases will be made on the open market at market prices, subject to a daily maximum of 101,788 shares (25% of the six‑month ADV of 407,154) with one weekly block purchase allowed. All repurchased shares will be cancelled and purchases are intended to be funded from available working capital. Under the prior NCIB (Nov 21, 2024–Nov 20, 2025) Torex bought 308,632 shares at a VWAP of ≈C$46.78.
Torex Gold (OTCQX: TORXF) reported Q3 2025 results highlighting a return to positive free cash flow and strong production at Morelos.
Key metrics: $112.5M positive free cash flow, $416.4M revenue, payable production of 119,034 oz AuEq in Q3, net income of $114.4M, and quarterly average realized gold price of $3,548/oz. The company announced an inaugural quarterly dividend of C$0.15 per share and repurchased C$10M of shares in Q3. Media Luna non-sustaining capex was $26.2M in the quarter and ramp-up remains underway. The Prime Mining acquisition closed, adding the Los Reyes project and issuing ~10.2M Torex shares.
Torex Gold (OTCQX:TORXF) announced an initial return of capital program on November 5, 2025 that combines a quarterly dividend and discretionary share repurchases via an NCIB.
The Board declared an inaugural quarterly dividend of C$0.15 per share payable on December 4, 2025 to holders of record on November 20, 2025, implying a forward annualized yield of 1.10%. Based on 96.1 million shares outstanding, the December payout is expected to be ~C$14.4 million ($10.2 million). Year-to-date repurchases in Q3 2025 totalled C$10.0 million ($7.2 million) for 239,204 shares at an average of C$41.79 per share.
Torex Gold (OTCQX: TORXF) completed the acquisition of Prime Mining on October 22, 2025, adding the advanced-stage Los Reyes development project in Sinaloa, Mexico to its portfolio.
Key disclosed metrics: Indicated resources ~1.5 Moz gold and 54.0 Moz silver; Inferred resources 538 koz gold and 21.56 Moz silver (effective date Oct 15, 2024). Consideration was 0.06 Torex shares per Prime share, totaling ~10.2 million Torex shares; former Prime shareholders now own ~10.6% of Torex on a non-diluted basis. Torex targets a preliminary economic assessment by mid-2026. Prime Mining shares will be delisted and reporting ceased.