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Theta Gold Mines Ltd. ( (AU:TGM) ) has issued an announcement.
Theta Gold Mines Limited announced its participation at the 2025 Indaba Mining Conference in Cape Town, where its Chairman, Bill Guy, will present at the 121 Mining Investment Conference. The company is focused on expanding its gold production platform, with a strategic plan to develop its TGME Underground Project, forecasted to generate significant returns with a pre-tax NPV of USD324 million and a projected IRR of 65%. The project aims to establish a robust production base, leveraging historical mines and prospect areas.
More about Theta Gold Mines Ltd.
Theta Gold Mines Limited is a gold development company focused on high-grade gold assets in South Africa. It operates primarily in the historic gold mining town of Pilgrim’s Rest, Mpumalanga Province. The company is engaged in constructing a new gold processing plant and plans to expand its mining operations over the next five years.
YTD Price Performance: 266.67%
Average Trading Volume: 2,367
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $90.93M
For an in-depth examination of TGM stock, go to TipRanks’ Stock Analysis page.
