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Torex Gold Resources Inc (TXG.TO)

TXG.TO on Toronto Stock Exchange

11.69CAD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Torex Gold Resources Q3 Production 101,400 Gold Ounces From Elg Mine Complex
Wednesday, 3 Oct 2018 06:00am EDT 

Oct 3 (Reuters) - Torex Gold Resources Inc ::TOREX GOLD RESOURCES INC - PRODUCTION IN Q3 OF 2018 OF 101,400 GOLD OUNCES, REVENUES OF US$126.3 MILLION, FROM ITS ELG MINE COMPLEX IN SOUTHWEST MEXICO.  Full Article

Torex Gold Resources Inc Q2 Revenue $101.8 Million
Thursday, 9 Aug 2018 06:00am EDT 

Aug 9 (Reuters) - Torex Gold Resources Inc ::GOLD PRODUCED IN QUARTER TOTALLED 78,796 OUNCES IN DORE, AND AN ADDITIONAL 1,300 OUNCES IN CARBON FINES.MINE PRODUCTION IN QUARTER TOTALLED 7,155 KT, AVERAGED 78,629 TPD.PLANT THROUGHPUT IN QUARTER OF 1,000 KT, AVERAGED 10,989 TPD.TOREX GOLD RESOURCES - GOLD SOLD FOR QUARTER TOTALLED 77,646 OUNCES FOR TOTAL PROCEEDS OF $101.1 MILLION.TOREX GOLD RESOURCES - ALL-IN SUSTAINING COSTS OF $1,017 PER OUNCE OF GOLD SOLD FOR QUARTER.FULL YEAR GUIDANCE IS UNCHANGED.QTRLY REVENUE TOTALLED $101.8 MILLION.EARNINGS FROM MINE OPERATIONS TOTALLED $23.5 MILLION FOR QUARTER.TOREX GOLD RESOURCES - NET LOSS AFTER CURRENT AND DEFERRED INCOME TAX EXPENSE TOTALLED $12.3 MILLION OR $0.14 SHARE FOR QUARTER.TOREX GOLD RESOURCES - ADJUSTED NET EARNINGS, WHICH EXCLUDES CERTAIN ITEMS, TOTALLED $0.13 PER SHARE FOR QUARTER.Q2 EARNINGS PER SHARE VIEW $0.11, REVENUE VIEW $92.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Torex Announces Production Results For The Second Quarter
Monday, 9 Jul 2018 06:00am EDT 

July 9 (Reuters) - Torex Gold Resources Inc ::TOREX ANNOUNCES PRODUCTION RESULTS FOR THE SECOND QUARTER.TOREX GOLD RESOURCES INC - DURING Q2 OF 2018, A TOTAL OF 80,000 OUNCES OF GOLD WERE PRODUCED AT ITS EL LIMÓN GUAJES MINE.  Full Article

Torex Announces Filing Of Preliminary Base Shelf Prospectus
Wednesday, 17 Jan 2018 06:00am EST 

Jan 17 (Reuters) - Torex Gold Resources Inc ::TOREX ANNOUNCES FILING OF PRELIMINARY BASE SHELF PROSPECTUS.TOREX GOLD RESOURCES - BASE SHELF PROSPECTUS WILL ALLOW CO TO MAKE OFFERINGS OF UP TO $500 MILLION OF COMMON SHARES, DEBT SECURITIES, AMONG OTHERS.TOREX GOLD RESOURCES INC - BASE SHELF PROSPECTUS WILL BE EFFECTIVE FOR A 25 MONTH PERIOD.  Full Article

Torex Begins Re-Start Of Operations At ELG Mine, Main Access Gate Blockade Remains In Place
Monday, 15 Jan 2018 06:00am EST 

Jan 15 (Reuters) - Torex Gold Resources Inc ::TOREX INITIATES RE-START OF OPERATIONS AT ELG MINE: BLOCKADE AT MAIN ACCESS GATE REMAINS IN PLACE.TOREX INITIATES RE-START OF OPERATIONS AT ELG MINE: BLOCKADE AT MAIN ACCESS GATE REMAINS IN PLACE.SAYS ‍SUBSET OF REAL DEL LIMON EJIDO CONTINUES TO ACTIVELY SUPPORT BLOCKADE AND LOS MINEROS UNION​.SAYS ‍TEAM OF UNIONIZED EMPLOYEES AND MANAGEMENT HAS INITIATED RE-START IN PRIORITY AREAS OF PLANT AT ELG MINE COMPLEX​.  Full Article

Torex Says CFO Jeff Swinoga To Step Down
Monday, 8 Jan 2018 06:00am EST 

Jan 8 (Reuters) - Torex Gold Resources Inc ::TOREX PROVIDES CORPORATE UPDATE: 241,000 OUNCES OF GOLD POURED IN 2017.TOREX GOLD RESOURCES - CFO JEFF SWINOGA WILL BE LEAVING CO.TOREX GOLD RESOURCES - SWINOGA WILL CONTINUE AS CONSULTANT, SERVE AS ACTING CFO ON AN INTERIM BASIS UNTIL REPLACEMENT IS ANNOUNCED.TOREX GOLD RESOURCES INC - SWINOGA'S DEPARTURE IS EFFECTIVE JANUARY 12.  Full Article

Torex Gold, Lenders Sign Waiver On Liquidity Covenant
Friday, 22 Dec 2017 09:29am EST 

Dec 22 (Reuters) - Torex Gold Resources Inc ::TOREX GOLD - ‍RECEIVED WAIVER TO LOWER LIQUIDITY COVENANT THRESHOLD IN CREDIT AGREEMENT FROM $50 MILLION TO $30 MILLION UNTIL JAN 31, 2018​.TOREX AND LENDERS SIGN WAIVER ON LIQUIDITY COVENANT.TOREX GOLD RESOURCES - ‍UNIT MINERA MEDIA LUNA RECEIVED A WAIVER TO LOWER LIQUIDITY COVENANT THRESHOLD IN CREDIT AGREEMENT OF JULY 21, 2017​.TOREX GOLD RESOURCES INC - ‍PREPARED TO ENGAGE IN STATE FACILITATED NEGOTIATION WITH EMPLOYEES REGARDING BLOCKADE AT ELG MINE SITE.  Full Article

Torex Announces Suspension Of Employment Contracts
Monday, 18 Dec 2017 06:00am EST 

Dec 18 (Reuters) - Torex Gold Resources Inc ::TOREX ANNOUNCES SUSPENSION OF EMPLOYMENT CONTRACTS.TOREX GOLD RESOURCES INC - HAS SUSPENDED EMPLOYMENT CONTRACTS OF ITS WORKFORCE IN MEXICO.TOREX GOLD RESOURCES INC - ‍SUSPENSION OF EMPLOYMENT CONTRACTS WAS EFFECTIVE ON DECEMBER 16​.TOREX GOLD-‍SUSPENSION OF EMPLOYMENT CONTRACTS WILL AFFECT ALL EMPLOYEES IN MEXICO, EXCEPT SMALL NUMBER THAT WILL MANAGE CO'S ONGOING RESPONSIBILITIES​.TOREX GOLD RESOURCES INC - SUSPENSION OF EMPLOYMENT CONTRACTS IS DIRECT RESULT OF BLOCKADE OF ELG MINE​.  Full Article

Torex Q3 net loss totalled $0.02 per share​
Thursday, 9 Nov 2017 06:00am EST 

Nov 9 (Reuters) - Torex Gold Resources Inc :Torex reports third quarter 2017 financial and operational results.Qtrly ‍mine production in quarter, 8,686 kt, averaged 94,413 tpd, an increase of 4% over prior quarter​.Qtrly net loss totalled $0.02 per share​.Torex Gold Resources - ‍discussions are underway with Federal Police (Gendarmerie) to provide security personnel to ELG mine site in Mexico​.Says ‍revenue totalled $100.5 million and cost of sales totalled $83.4 million, or $1,066 per ounce of gold sold for quarter​.Torex Gold Resources Inc - ‍expect ELG mine site blockade to be resolved in "near term​".Q3 earnings per share view $0.18, revenue view $109.5 million -- Thomson Reuters I/B/E/S.Torex Gold Resources Inc - ‍with recent ELG site blockade, company is expecting to produce less than 300,000 ounces of gold for 2017​.  Full Article

Torex reports Q3 gold production totalled 67,337 ounces
Thursday, 9 Nov 2017 06:00am EST 

Nov 9 (Reuters) - Torex Gold Resources Inc : :Torex reports third quarter 2017 financial and operational results.Torex Gold Resources Inc - ‍ plant throughput in quarter, 1,152 kt, averaged 12,522 tpd, or 89% of design capacity of 14,000 tpd in quarter​.Torex Gold Resources Inc - ‍ gold produced totalled 67,337 ounces for quarter and 212,711 ounces for nine months ended september 30, 2017.​.Torex Gold Resources Inc - ‍ adjusted net loss totalled $1.0 million, or $0.01 per share on a basic and diluted basis for quarter​.Torex Gold Resources Inc qtrly ‍ revenue totalled $100.5 million and cost of sales totalled $83.4 million, or $1,066 per ounce of gold sold for quarter​.Torex Gold Resources Inc qtrly ‍ net loss totalled $1.6 million, or $0.02 per share, on a basic and diluted basis​.Q3 revenue view $109.5 million -- Thomson Reuters I/B/E/S.  Full Article