TRX Gold Presents Buckreef Processing Expansion Plan With New 3,500-Tonne-Per-Day Plant
Bitget2026/10/23 05:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- TRX Gold is expanding its Buckreef processing plant in Tanzania with a new 3,500-plus-tonne-per-day mill alongside its existing 2,000-tonne-per-day plant.
- An updated preliminary economic assessment targeting higher production rates and improved recoveries is expected in the fourth quarter of 2026.
- Fiscal 2026 gold production reached 29,650 ounces, meeting guidance of 25,000–30,000 ounces.
- Last-12-month revenue totaled US$ 115.5 million, with adjusted EBITDA of US$ 66.8 million.
- Cash stood at US$ 26.8 million against borrowings of US$ 2.9 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TRX Gold Corporation published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.
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