Torex Gold Resources (TSE:TXG) has released an update.
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Torex Gold Resources Inc. has reported a strong second quarter for 2024, maintaining safety and production goals while stating they are on target to meet annual operational guidance. The company enjoyed a significant all-in sustaining costs margin due to high gold prices, and expects to fully fund the upcoming Media Luna Project with their substantial liquidity. Additionally, Torex anticipates further financial strengthening from the ELG mine’s robust free cash flow and is optimistic about its five-year strategic exploration plan for the Morelos Complex.
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