Capital Allocation And Expansion FundingInternal cash flow funded the company's expansion and exploration program while enabling repayment of short-term debt, reducing reliance on external financing.
Ore Quality And Metallurgical RecoveriesMining higher-grade ore combined with encouraging metallurgical testwork is expected to raise average gold grade and improve recoveries, supporting higher production per tonne and processing efficiency.
Revenue And PricingHigher realized gold prices and increased gold sales boosted TRX's revenue, supporting stronger cash generation and operational funding.