Theta Gold Mines Ltd. ( (TGMGF) ) has released its Q4 earnings. Here is a breakdown of the information Theta Gold Mines Ltd. presented to its investors.
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Theta Gold Mines Limited, a gold exploration and development company, is advancing its TGME Gold Mine Project in South Africa, focusing on sustainable and ethical mining practices. In its 2025 annual report, the company highlighted significant progress, including the completion of pre-development plant construction and the commencement of bulk earthworks and civil engineering activities at the TGME Gold Mine Project. The company also secured a loan facility from the Industrial Development Corporation of South Africa, marking a crucial step towards production. Key financial metrics from the optimized feasibility study indicate a substantial improvement in project economics, with a post-tax NPV of USD 503 million and an EBITDA annual average of USD 124 million. Looking ahead, Theta Gold Mines aims to generate cash flow by 2027 with a modern gold plant, with plans to expand production capacity and enhance its gold ounce production profile.