
Canadian gold producer Torex Gold Resources has successfully completed the tie-in process for its Media Luna project in Mexico, marking the first production of copper concentrate enriched with precious metals. The milestone follows a four-week integration phase at the $950 million facility, which is expected to sustain annual production of at least 450,000 gold-equivalent ounces through 2030.
Located 7 kilometers from Torex’s El Limón Guajes Mine Complex, Media Luna is an underground deposit rich in gold, copper, and silver. Mining operations have continued uninterrupted during the tie-in period, with ore now transported via the Guajes Tunnel conveyor Monthly development rates have exceeded the budgeted target of 1,200 meters, and throughput levels are expected to rise further with the commissioning of a paste plant in Q2 2025.
The project is set to achieve steady-state mining rates of 7,500 tonnes per day by mid-2026, six months ahead of schedule Torex has drilled 88 stopes to date, including 46 planned for mining in 2025 and additional stopes for subsequent years. Trucking of copper concentrate will begin shortly, with contracts already in place to manage sales and logistics.