![]() |
Torex Gold |
Copper Production Begins at Torex's Media Luna Site in Guerrero
Torex Gold has officially produced its first copper concentrate at the Media Luna mine in Guerrero, Mexico. The underground deposit forms part of the Morelos complex, which includes gold and silver alongside copper. Torex aims to increase throughput once its new paste plant begins operations in Q2 2025. As a result, the mine’s projected operational lifespan has been extended to at least 2033.
Copper Output to Reach 20,000 t/yr by 2026
According to Torex, Media Luna could yield approximately 20,000 tonnes of copper annually once at steady-state operations. Torex expects to achieve mining rates of 7,500 tonnes per day by mid-2026, according to CEO Jody Kuzenko. This milestone positions the company to diversify beyond gold and secure a footprint in copper for the energy transition.
The Metalnomist Commentary
Torex’s entrance into copper production reflects a broader pivot among gold miners toward energy transition metals. As global demand for copper accelerates, this development could enhance the long-term value of Torex’s Guerrero operations. The integration of Media Luna into a multi-metal portfolio strengthens its strategic appeal in a tight copper market.
No comments
Post a Comment