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TRX Gold

Crux Investor Index
4
i
Market Cap (USD)
105432761
Symbol
TSX:TNX
TSX:TNX
Stage of development
Production
Primary COMMODITY
Gold
Additional commodities
No items found.

TRX Gold Company Overview

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

TRX Gold Analyst Notes

No analyst notes

Opportunity

Summary

Management Team

Growth Strategy

Charts

Details

Financial Overview

Shareholder Breakdown

Risk Factors and Mitigation

Conclusion