MINEMAN is pleased to announce the successful go-live of Torex Gold Resources Inc. on 26 March 2025.
Torex engaged MINEMAN to implement a robust solution to manage its domestic and export copper sales, supporting the commercial administration of its growing copper production.
About Torex Gold Resources
Torex Gold Resources Inc. is a Canadian mining company with operations in Mexico, operating within the Morelos Complex.
The company produces gold doré from the El Limón Guajes (ELG) Mine and expanded its operations with the development of the Media Luna project.
Torex produced its first copper concentrate (with high gold content) at Media Luna on 24 March 2025 and achieved commercial production in May 2025.
Project Overview
The MINEMAN implementation provides Torex with three core modules to support end-to-end concentrate sales operations:
Logistics
Marketing
Finance
While the initial scope focused on managing copper precipitates and copper concentrates, the platform is fully capable of supporting doré sales and associated by-products as Torex’s operations evolve.
Project Enhancements
Several tailored enhancements were delivered as part of the implementation to meet Torex’s operational requirements.
Dynamic handling charge calculations
Handling charges can now be dynamically calculated based on:
Sale type (domestic vs export)
Parcel type (containerised vs non-containerised)
Split parcel assay automation
Automation was introduced to support split parcel assays, allowing assay information to flow seamlessly between a source parcel and its associated sub-parcels.
Weekly advance invoicing
The system now supports weekly advance invoicing, including the ability to use multiple advance invoices in the calculation of provisional accounting invoices.
Outcome
With MINEMAN now live, Torex has a dedicated platform supporting the logistics, marketing, and financial administration of copper concentrate sales as the Media Luna operation ramps up.
The implementation provides Torex with a scalable commercial system capable of supporting future doré and by-product sales as the company’s production portfolio continues to expand.