Torex Gold (TSX: TXG) President and CEO Jody Kuzenko called 2025 an “extraordinary year for Torex Gold,” with the completion of the Media Luna mine in Guerrero, Mexico. The billion-dollar build, which was declared commercial in May, was largely funded from internal cash flow. Torex finished with $230 million of debt and $100 million of cash. “Media Luna is now behind us. We are free cash flowing again, and what that means now is Torex has 10 years of mine life ahead of us at between 450 and 500,000 ounces of gold equivalent,” Kuzenko told Kitco Mining at Mining Forum Americas 2025.