Day: October 9, 2025

Torex Gold Reports Strong Q3 2025 Production from Morelos

Torex Gold Resources Inc. reported Q3 2025 gold equivalent production of 119,034 ounces and sales of 118,082 ounces. Year-to-date production reached 261,520 ounces, targeting the low end of the 400,000–450,000-ounce guidance. The Media Luna Project ramp-up exceeded expectations, with mining rates above 6,000 tpd and processing plant throughput surpassing 10,600 tpd. Financial results will be released November 5, 2025.

Sandstorm Gold Royalties Shareholders Approve Proposed Plan of Arrangement with Royal Gold

Sandstorm Gold Ltd. shareholders approved a plan of arrangement with Royal Gold, Inc., with 98.68% voting in favor at a Special Meeting on October 9, 2025. Royal Gold stockholders also approved the share issuance for the acquisition. The transaction, expected to close on October 20, 2025, awaits court and regulatory approvals. Sandstorm shares will be delisted post-transaction.

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