Torex Gold Reports 131,900oz AuEq in 3Q26 - Mexico Business News

AI desk brief

Torex Gold reported preliminary 3Q26 production of 131,900oz AuEq, putting year-to-date output at 329,071oz AuEq and keeping it on track for the midpoint of full-year guidance of 420,000-470,000oz. Morelos ran strongly, with plant throughput averaging 10,798t/d, gold recovery at 88.2%, and Media Luna underground mining above design capacity at 8,244t/d.

The company also flagged continued growth optionality: Media Luna North remains on schedule to deliver first ore before end-2026, adding a third active underground front. Separately, Torex outlined a bullish Los Reyes PEA on 14.4-year mine life and average annual output of 134,000oz AuEq, assuming US$3,600/oz gold and US$50/oz silver, with after-tax NPV5% of US$1.491bn and IRR of 37.3%.