Update: Torex Gold Initiates Re-Start of Operations at ELG Mine; Shares Jump 7%

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Torex Gold Resources Inc. is a well funded, growth oriented Canadian mining company engaged in the exploration and development of precious metal resources with a focus on gold.

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Update: Torex Gold Initiates Re-Start of Operations at ELG Mine; Shares Jump 7%

posted on Jan 15, 2018 11:49AM

2018-01-15 11:46:49 AM ET (MT Newswires)

11:46 AM EST, 01/15/2018 (MT Newswires) -- Torex Gold (TXG.TO) surged 7% in recent trade after it said Monday that it has initiated the re-start of operations at the ELG Mine Complex in southwest Mexico.

CEO Fred Stanford said: "The re-start of operations is an encouraging development, as is the support of so many community members and employees. The majority of employees want to return to work, and even in the face of threats of violence and sabotage from the blockaders, they have been returning to the ELG Mine Complex to assist with the re-start of the operations."

Price: 12.57, Change: +0.87, Percent Change: +7.4

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