Wedoany.com Report-Nov. 22, Canadian mining company Torex Gold plans to allocate approximately US$110 million for operations in Mexico during 2026, according to an interview with senior vice president Faysal Rodriguez published on Friday in Mexican newspaper Reforma.

Torex Gold’s El Limon Guajes complex in Mexico.

The largest portion, around US$100 million, will be directed to the Morelos mine located in Guerrero state on Mexico’s Pacific coast. Additional investments include US$7–8 million at the Los Reyes project in Sinaloa state and US$3–4 million at the Batopilas project in Chihuahua state.

Faysal Rodriguez told Reforma: “We’re continuing with our goal of producing 450,000 oz. gold equivalent annually through 2030.”

The announced capital expenditure reflects Torex Gold’s ongoing commitment to development and production activities across its Mexican asset portfolio.