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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 Project by securing long-lead metallurgical circuit equipment from South African firms Kemix and MIP Industries. This procurement ensures the deployment of world-class technology, aligning with the project’s schedule for commissioning by the end of 2026. The project is expected to create over 500 jobs and contribute to community upliftment, reinforcing Theta Gold’s commitment to operational excellence and regional development.
More about Theta Gold Mines
Theta Gold Mines Limited is an advanced gold development company focused on unlocking value from its projects in South Africa’s Eastern Transvaal goldfields. The company’s flagship TGME Gold Project offers near surface and shallow underground ore bodies with significant cost advantages. TGM holds 100% of Theta Gold SA (Pty) Ltd, which owns 74% of TGME and Sabie Mines, aligning with Black Economic Empowerment standards.
YTD Price Performance: -5.56%
Average Trading Volume: 1,073,757
Technical Sentiment Signal: Hold
Current Market Cap: A$177.9M
See more insights into TGM stock on TipRanks’ Stock Analysis page.