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Theta Gold Mines ( (AU:TGM) ) has provided an announcement.
Theta Gold Mines Limited has commenced construction at its flagship TGME Gold Mine Project in South Africa, marking a significant transition from development to construction. The company has secured contracts with experienced partners for essential infrastructure works, including earthworks and civil engineering, and has appointed RM Process and Eco Elementum as owners’ engineers to ensure quality and safety. This development is expected to create local jobs and drive regional economic growth, with the initial commissioning of the gold plant anticipated by the end of 2026.
More about Theta Gold Mines
Theta Gold Mines Limited is a company operating in the mining industry, focusing on gold production. Its primary project is the TGME Gold Mine in South Africa, which is a significant development in their portfolio aimed at enhancing their market position in gold mining.
YTD Price Performance: 33.33%
Average Trading Volume: 217,815
Technical Sentiment Signal: Buy
Current Market Cap: A$224.6M
For an in-depth examination of TGM stock, go to TipRanks’ Overview page.