Torex Gold Resources released a preliminary economic assessment (PEA) for its Los Reyes gold-silver project in Mexico, revealing an after-tax internal rate of return (IRR) of 37.3% and a net present value (NPV) of $1.5 billion at consensus metal prices. The project forecasts an average annual production of 134,000 gold equivalent ounces over 14.4 years, with a manageable upfront capital investment of $515 million, fully fundable from existing cash flows. Construction is planned to start in 2029 with first production expected in 2031. Torex will advance the project through prefeasibility and feasibility studies in 2027 and 2028, aiming to de-risk and optimize economics via further drilling and technical work.

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Torex Gold reports Q2 2026 production of 96,297 oz AuEq, on track for full-year guidance of 420,000-470,000 oz AuEq.

Torex Gold Resources announced its second quarter 2026 gold equivalent production at 96,297 ounces, with sales of 91,646 ounces. The company remains confident in meeting its full-year production guidance of 420,000 to 470,000 ounces AuEq, expecting i...

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Torex Gold's Los Reyes project shows strong economics with 37% IRR and $1.5B NPV, targeting production start in 2031.

More News (TXG)

Torex Gold reports Q2 2026 production of 96,297 oz AuEq, on track for full-year guidance of 420,000-470,000 oz AuEq.

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Torex Gold's Los Reyes project shows strong economics with 37% IRR and $1.5B NPV, targeting production start in 2031.

More News (TXG)

Torex Gold reports Q2 2026 production of 96,297 oz AuEq, on track for full-year guidance of 420,000-470,000 oz AuEq.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App