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Torex Gold Resources Inc (TXG.TO)

TXG.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Torex Announces Filing Of Preliminary Base Shelf Prospectus
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Torex Gold Resources Inc ::TOREX ANNOUNCES FILING OF PRELIMINARY BASE SHELF PROSPECTUS.TOREX GOLD RESOURCES - BASE SHELF PROSPECTUS WILL ALLOW CO TO MAKE OFFERINGS OF UP TO $500 MILLION OF COMMON SHARES, DEBT SECURITIES, AMONG OTHERS.TOREX GOLD RESOURCES INC - BASE SHELF PROSPECTUS WILL BE EFFECTIVE FOR A 25 MONTH PERIOD.  Full Article

Torex Begins Re-Start Of Operations At ELG Mine, Main Access Gate Blockade Remains In Place
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Torex Gold Resources Inc ::TOREX INITIATES RE-START OF OPERATIONS AT ELG MINE: BLOCKADE AT MAIN ACCESS GATE REMAINS IN PLACE.TOREX INITIATES RE-START OF OPERATIONS AT ELG MINE: BLOCKADE AT MAIN ACCESS GATE REMAINS IN PLACE.SAYS ‍SUBSET OF REAL DEL LIMON EJIDO CONTINUES TO ACTIVELY SUPPORT BLOCKADE AND LOS MINEROS UNION​.SAYS ‍TEAM OF UNIONIZED EMPLOYEES AND MANAGEMENT HAS INITIATED RE-START IN PRIORITY AREAS OF PLANT AT ELG MINE COMPLEX​.  Full Article

Torex Says CFO Jeff Swinoga To Step Down
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Torex Gold Resources Inc ::TOREX PROVIDES CORPORATE UPDATE: 241,000 OUNCES OF GOLD POURED IN 2017.TOREX GOLD RESOURCES - CFO JEFF SWINOGA WILL BE LEAVING CO.TOREX GOLD RESOURCES - SWINOGA WILL CONTINUE AS CONSULTANT, SERVE AS ACTING CFO ON AN INTERIM BASIS UNTIL REPLACEMENT IS ANNOUNCED.TOREX GOLD RESOURCES INC - SWINOGA'S DEPARTURE IS EFFECTIVE JANUARY 12.  Full Article

Torex Gold, Lenders Sign Waiver On Liquidity Covenant
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Torex Gold Resources Inc ::TOREX GOLD - ‍RECEIVED WAIVER TO LOWER LIQUIDITY COVENANT THRESHOLD IN CREDIT AGREEMENT FROM $50 MILLION TO $30 MILLION UNTIL JAN 31, 2018​.TOREX AND LENDERS SIGN WAIVER ON LIQUIDITY COVENANT.TOREX GOLD RESOURCES - ‍UNIT MINERA MEDIA LUNA RECEIVED A WAIVER TO LOWER LIQUIDITY COVENANT THRESHOLD IN CREDIT AGREEMENT OF JULY 21, 2017​.TOREX GOLD RESOURCES INC - ‍PREPARED TO ENGAGE IN STATE FACILITATED NEGOTIATION WITH EMPLOYEES REGARDING BLOCKADE AT ELG MINE SITE.  Full Article

Torex Announces Suspension Of Employment Contracts
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Torex Gold Resources Inc ::TOREX ANNOUNCES SUSPENSION OF EMPLOYMENT CONTRACTS.TOREX GOLD RESOURCES INC - HAS SUSPENDED EMPLOYMENT CONTRACTS OF ITS WORKFORCE IN MEXICO.TOREX GOLD RESOURCES INC - ‍SUSPENSION OF EMPLOYMENT CONTRACTS WAS EFFECTIVE ON DECEMBER 16​.TOREX GOLD-‍SUSPENSION OF EMPLOYMENT CONTRACTS WILL AFFECT ALL EMPLOYEES IN MEXICO, EXCEPT SMALL NUMBER THAT WILL MANAGE CO'S ONGOING RESPONSIBILITIES​.TOREX GOLD RESOURCES INC - SUSPENSION OF EMPLOYMENT CONTRACTS IS DIRECT RESULT OF BLOCKADE OF ELG MINE​.  Full Article

Torex Q3 net loss totalled $0.02 per share​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Torex Gold Resources Inc :Torex reports third quarter 2017 financial and operational results.Qtrly ‍mine production in quarter, 8,686 kt, averaged 94,413 tpd, an increase of 4% over prior quarter​.Qtrly net loss totalled $0.02 per share​.Torex Gold Resources - ‍discussions are underway with Federal Police (Gendarmerie) to provide security personnel to ELG mine site in Mexico​.Says ‍revenue totalled $100.5 million and cost of sales totalled $83.4 million, or $1,066 per ounce of gold sold for quarter​.Torex Gold Resources Inc - ‍expect ELG mine site blockade to be resolved in "near term​".Q3 earnings per share view $0.18, revenue view $109.5 million -- Thomson Reuters I/B/E/S.Torex Gold Resources Inc - ‍with recent ELG site blockade, company is expecting to produce less than 300,000 ounces of gold for 2017​.  Full Article

Torex reports Q3 gold production totalled 67,337 ounces
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Torex Gold Resources Inc : :Torex reports third quarter 2017 financial and operational results.Torex Gold Resources Inc - ‍ plant throughput in quarter, 1,152 kt, averaged 12,522 tpd, or 89% of design capacity of 14,000 tpd in quarter​.Torex Gold Resources Inc - ‍ gold produced totalled 67,337 ounces for quarter and 212,711 ounces for nine months ended september 30, 2017.​.Torex Gold Resources Inc - ‍ adjusted net loss totalled $1.0 million, or $0.01 per share on a basic and diluted basis for quarter​.Torex Gold Resources Inc qtrly ‍ revenue totalled $100.5 million and cost of sales totalled $83.4 million, or $1,066 per ounce of gold sold for quarter​.Torex Gold Resources Inc qtrly ‍ net loss totalled $1.6 million, or $0.02 per share, on a basic and diluted basis​.Q3 revenue view $109.5 million -- Thomson Reuters I/B/E/S.  Full Article

Torex Gold Resources says group of about 20 local unionized workers "blockaded main gate to ELG mine"
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Torex Gold Resources Inc :Torex Gold Resources Inc says on Nov 03, group of about 20 local unionized workers "blockaded main gate to ELG mine".Torex Gold Resources Inc - "‍without a workforce, company shutdown the processing plant" at ELG mine.  Full Article

Torex Gold Q2 EPS C$0.08
Thursday, 11 Aug 2016 

Torex Gold Resources Inc : Torex announces q2 2016 financial and operational results . Q2 revenue c$102.1 million . Q2 earnings per share c$0.08 . Gold production totalled 83,256 ounces for q2 of 2016, for a total of 121,067 ounces year-to-date .Q2 earnings per share view c$0.07 -- Thomson Reuters I/B/E/S.  Full Article

Torex Gold Resources Inc announces ten for one share consolidation
Tuesday, 14 Jun 2016 

Torex Gold Resources Inc : Torex announces ten for one share consolidation .Says about 787 million common shares currently outstanding will be reduced to approximately 78.7 million common shares.  Full Article

BRIEF-Torex Gold Resources Reports Q1 Adjusted Earnings Per Share Of $0.08

* QTRLY REVENUE TOTALLED $84.0 MILLION Source text for Eikon: Further company coverage: