Canadian gold miner Torex targets $110 million investment in Mexico next year

Torex Resources

21/11/2025 20:53

MEXICO CITY, Nov 21 (Reuters) - Canadian miner Torex Gold TXG.TO is set to invest around $110 million in Mexico next year, an executive told newspaper Reforma in an interview published on Friday.

• Torex will invest around $100 million in its Morelos mine, in the Pacific state of Guerrero, the miner's Mexico senior vice president Faysal Rodriguez told Reforma.

• Investments at Los Reyes in Sinaloa state will tally between $7 million and $8 million and at Batopilas in Chihuahua state between $3 million and $4 million.

• "We're continuing with our goal of producing 450,000 oz gold equivalent annually through 2030," Rodriguez said.

 (Reporting by Kylie Madry, Editing by Natalia Siniawski)

 ((Kylie.Madry@thomsonreuters.com;))