ASX:TGM

3 stories mentioning ASX:TGMUpdated just now

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Theta Gold Mines Progresses Plant Construction at South Africa Project

Theta Gold Mines' (ASX:TGM) TGME project in South Africa is progressing, with advancements in plant construction, equipment fabrication, and site infrastructure, according to a Thursday filing with the Australian bourse.Developments include the establishment of the processing plant footprint, ongoing structural steel work for the gold room and mill, and civil works across the crushing and screening plant, the filing said.The company is aiming to transition to producer status in 2027, per the filing.

ASX:TGM

Asia10d ago

Theta Gold Mines Completes $90 Million Senior Secured Bond Issuance, Shares Up 4%

Theta Gold Mines (ASX:TGM) confirmed that all pre-settlement conditions for its issuance of bonds were satisfied and it issued $90 million senior secured bonds on June 12, according to a Monday Australian bourse filing.The net proceeds of the bond issue were placed into the designated Theta escrow account and will be released in accordance with the disbursement release conditions to support the development of its TGME gold project in South Africa.Its shares jumped 4% in recent trading on Monday.

ASX:TGM

Asia24d ago

Theta Gold Mines Completes Oversubscribed $90 Million Senior Secured Bond Issue

Theta Gold Mines (ASX:TGM) completed an oversubscribed $90 million senior secured callable bond issue for the construction of the Transvaal Gold Mining Estates project in South Africa, according to a Monday filing with the Australian bourse.The bond issue, arranged by Pareto Securities, completes the debt funding process and allows the company to advance the construction and development of the project, the filing said.Plant commissioning is expected later in the year, with the company planning to advance the project towards gold production in the first quarter of 2027, per the filing.

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