TRX Gold is expanding its gold processing facility to over 3,000 tonnes per day, significantly increasing its projected gold output and capital investments in the mining sector.
- The initial PEA proposed a single 3,000 tonne per day (TPD) processing circuit for sulphide ore, targeting an average annual gold production of around 62,000 ounces.
- TRX Golds expansion plans now feature a larger processing facility designed to exceed 3,000+ TPD, reflecting a commitment to increased sulphide material processing.
- The projected capital cost for the processing plant expansion is approximately US$30 million, underscoring the companys strategic investment in gold production capabilities.
Por Qué Es Relevante
This expansion by TRX Gold signals a robust investment in gold processing amid fluctuating market conditions, potentially enhancing its competitive position in the mining sector and attracting investor interest.