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Theta Gold Mines ( (AU:TGM) ) has shared an announcement.
Theta Gold Mines Limited has achieved a significant milestone in its TGME Gold Mine Project, with contractors and heavy equipment fully mobilized on site, allowing for the commencement of bulk earthworks and civil works at the Carbon-in-Leach section. The company is advancing negotiations with equipment suppliers and has strengthened its financial position through recent capital raises, positioning it to complete civil works and advance towards plant commissioning by the end of 2026, with full-scale operations expected to create over 500 jobs.
More about Theta Gold Mines
Theta Gold Mines Limited is a company operating in the gold mining industry, focusing on developing its TGME Gold Mine Project. The company is involved in the construction and operation of gold processing plants, with a market focus on becoming a modern gold producer.
Average Trading Volume: 704,568
Technical Sentiment Signal: Buy
Current Market Cap: A$188.3M
For detailed information about TGM stock, go to TipRanks’ Stock Analysis page.