At its Morelos Gold Project, Minera Media Luna, a 100% subsidiary of the Canadian company Torex Gold Resources Inc., is developing its first gold mine in Mexico.

At the beginning of this year, the Austrian company Doppelmayr Transport Technology, a member of the Doppelmayr/Garaventa group, a world leader in ropeway technology, was awarded a contract to build a RopeCon system for transporting the ore from the mine down to a stockpile. The aerial continuous conveying system is applied as an alternative to trucking. It will transport the material at an hourly design capacity of 1,000 tonnes easily and safely through steep terrain from the crusher at the top, down to the mill at the bottom. The vertical fall is approximately 380m over a distance of 1.3km. An important advantage of the RopeCon system for this project is its low overall operational costs, as the system generates power due to the difference in height. Construction start is scheduled for the summer of 2014 with commissioning planned for the winter of 2014/2015.