
Torex Gold Resources reported Q2 2026 production of 96,297 gold equivalent ounces, meeting expectations despite mining lower-grade areas. The company generated $94 million in free cash flow and returned $55 million to shareholders during the quarter. Due to cost pressures including lower grades and higher reagent costs, Torex revised its all-in sustaining cost guidance upward to $2,000-$2,100 per ounce. Development projects remain on track, with Media Luna North expected to start production by year-end and exploration programs expanded to grow resources. Torex plans a U.S. stock listing and continues a strong capital return program, positioning for a robust second half of 2026.