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Theta Gold Mines Ltd. ( (AU:TGM) ) has issued an update.
Theta Gold Mines Limited is progressing with its TGME Gold Plant project, selecting Power China’s subsidiary as its preferred EPC partner and engaging international debt funders for project capital. The company also completed a US$6 million private equity placement and advanced its gold processing plant design, positioning itself for enhanced gold production by incorporating 174,000 ounces of surface gold into its mine schedule.
More about Theta Gold Mines Ltd.
Theta Gold Mines Limited operates in the mining industry, focusing on gold production and development. The company is advancing its TGME Gold Plant project, aiming to enhance its market position in the gold mining sector.
YTD Price Performance: -6.25%
Average Trading Volume: 2,367
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $92.38M
Learn more about TGM stock on TipRanks’ Stock Analysis page.
