Shanta Gold
NYSE: CLOSED
TSE: CLOSED
LSE: CLOSED
HKE: CLOSED
NSE: CLOSED
BM&F: CLOSED
ASX: CLOSED
FWB: CLOSED
MOEX: CLOSED
JSE: CLOSED
DIFX: CLOSED
SSE: CLOSED
NZSX: CLOSED
TSX: CLOSED
SGX: CLOSED
NYSE: CLOSED
TSE: CLOSED
LSE: CLOSED
HKE: CLOSED
NSE: CLOSED
BM&F: CLOSED
ASX: CLOSED
FWB: CLOSED
MOEX: CLOSED
JSE: CLOSED
DIFX: CLOSED
SSE: CLOSED
NZSX: CLOSED
TSX: CLOSED
SGX: CLOSED


TRX Gold
Crux Investor Index
4
–
Market Cap (USD)
105432761
Symbol
TSX:TNX
TSX:TNX
Stage of development
Production
Primary COMMODITY
Gold
Additional commodities
No items found.
TRX Gold Corporation (NYSE-A:TRX, TSX:TNX), is a gold mining company focused on developing the Buckreef Gold Project located in Tanzania. Buckreef hosts a large gold deposit with 2 million ounces of gold resources.
Over the past two years, TRX Gold has undertaken operational changes at Buckreef, including installing new management, resuming production, and expanding mill capacity to 1,000 tpd. Buckreef is now generating operating cash flow from oxide mining.
Going forward, TRX Gold plans further production growth at Buckreef. The company aims to expand mill capacity to 2,000 tpd by 2024. It is also evaluating the potential for a large-scale sulphide mining operation at Buckreef targeting over 100,000 ounces per year. TRX Gold continues exploration drilling to expand resources and make new discoveries. The company aims to become a leading mid-tier gold producer in Africa through phased growth at Buckreef.
Article
No analyst notes