Torex Gold Advances ESG Goals as Media Luna Drives Growth

Summary: Torex Gold’s 2025 Responsible Gold Mining Report highlights the company’s integration of ESG performance into its operational and growth strategy following the completion of the Media Luna project in Guerrero, Mexico. The report details measurable progress in decarbonization, water stewardship, community investment and local procurement, including a 68% reduction in Scope 1 greenhouse gas emissions, 83% water recycling and reuse, and US$3.9 million invested in host communities, positioning responsible mining as a driver of long-term operational resilience and stakeholder value. 

Torex Gold Resources Inc. recently released its 2025 Responsible Gold Mining Report titled: “Growing with Purpose”, representing the Company’s 11th annual disclosure of its safety, environmental, social and governance (ESG) performance. The Report covers the Company´s 2025 responsible mining performance for its corporate office headquartered in Toronto, Ontario and its Morelos Complex in Guerrero, Mexico. The report can be found on the Company’s website at www.torexgold.com.

Jody Kuzenko, former President and CEO of Torex Gold, who retired role on June 17, said in her message that the Company’s legacy extends beyond financial returns, emphasizing its commitment to reducing environmental impact, building strong community partnerships, creating quality jobs, supporting local procurement, and driving long-term economic development through infrastructure investments and initiatives that benefit the communities where it operates. 

“As I look back on my career, one of the things I will always be most proud of is the profound impact that Torex has had on the people and families that live and work where we operate. From our earliest days, we’ve had an unwavering commitment to run a business that was about generating a strong return on investment while at the same time minimizing our environmental footprint, building trust and partnership with local communities, creating prosperity through well-paying jobs and local procurement, and fostering lasting economic development through meaningful community infrastructure and improvement initiatives,” said Kuzenko. 

Kuzenko said that with the completion of Media Luna, Torex expects the Morelos Complex to drive growth as it advances its strategy to become a diversified, Americas-focused precious metals producer. The company also aims to expand its positive impact in Guerrero while strengthening its commitment to responsible mining and sustainable value creation for stakeholders. Andrew Snowden, Torex´s former CFO, has assumed the role of President and CEO.  

2025 Responsible Gold Mining Report Highlights 

Torex Gold takes great pride in its approach to responsible mining which represents identifying, understanding, and prioritizing the environmental, social, and governance (ESG) issues that impact the Company´s business, its stakeholders, and the long-term ability to create value.

Highlights include:

• Industry-leading safety performance with a lost-time injury frequency of 0.07 for employees and contractors per million hours worked;
• 99% operational workforce from Mexico with 64% from Guerrero State and 39% from local communities; voluntary turnover rate of 4%, down from 8% in 2024;
• Zero reportable environmental incidents or spills;
• Continued implementation of our Community Development Agreements (“CODECOPs”) in partnership with 12 host communities, with $3.9 million directly invested in community development and infrastructure projects;
• 95% of procurement spend in Mexico up from 92% in 2024; 20% of spend directed to Guerrero-based suppliers;
• 83% of water re-used and recycled; up from 58% in 2024 due to enhanced recycling capacity and water circuits associated with the Media Luna Project;
• 68% reduction in Scope 1 greenhouse gas emissions relative to 2024, due to the transition from open pit mining to underground operations together with other initiatives to reduce diesel consumption;
• Completion and commissioning of a new 8.45-megawatt solar plant;
• First disclosure of the Company’s Scope 3 GHG emissions inventory;
• Ongoing conformance with the World Gold Council Responsible Gold Mining Principles and the International Cyanide Management Code.

Jennifer Hooper, Independent Director, Chair of the Safety, CSR and Technical Committee, said the Company reported significant progress on its sustainability strategy in 2025, highlighting advances in its carbon reduction initiatives as it expanded operations in Mexico and transitioned from open-pit to underground mining. 

 “This provides significant confidence that Torex will meet or exceed its 2030 target to reduce absolute Scope 1 and Scope 2 emissions by 10% against a 2021 baseline, even as we bring our new Media Luna North project online and continue to optimize and extend production at the Morelos Complex over the coming years,” she noted.

Torex Gold’s 2025 Responsible Gold Mining Report can be found on the Company website at www.torexgold.com