TRX Gold Corp. is pleased to announce the appointment of Shubo Rakhit as Chairman of the Board. Mr. Rakhit has had a prominent career as a highly respected strategist and sought after trusted advisor. His 30+ year career has included senior positions at several global and Canadian investment banks and advisory firms including CIBC, Bank of Nova Scotia, Bank of America Securities, KPMG Corporate Finance and Echelon Wealth [...]
TRX Gold Corp. is deeply saddened to announce the passing of its founder and Chairman James E. Sinclair on October 6, 2023, at the age 82. James passed away peacefully at home in Connecticut, U.S.A. James founded TRX Gold and acted as Chairman and Director since 2000. His belief in Tanzania as a gold-rich landscape, in the ability and talent of the region's people, and the openness of Tanzanian government to foreign [...]
TRX Gold Corp. is pleased to announce that the new 1,000 tonne per day capacity ball mill has arrived on site at the Buckreef Gold Project . Over the last few months, technical teams on site have commenced preparatory works in anticipation of receiving key equipment for this mill expansion. Targeting an expected commercial production delivery date in the second half of fiscal 2024, TRX Gold's management team is on track [...]
TRX Gold Corp. is pleased to announce that the Company's executives have been invited to attend and present at Denver Gold Group's 35th Annual Gold Forum, being held from September 17th to September 20th in Colorado Springs, Colorado. TRX Gold's CEO Stephen Mullowney, will be giving an in-person presentation on Monday, September 18th at 10:10 AM ET. A replay will be made available through on-demand, as of 3:00 PM ET on [...]
TRX Gold Corp. is pleased to announce that the Company's executives have been invited to attend and present at H.C. Wainwright's 25th Annual Global Investment Conference, taking place September 11th to 13th in New York City. The team will also be participating at the Precious Metals Summit in Beaver Creek, Colorado, taking place September 12th to 15th. Both events represent opportunities to network with important industry [...]
TRX Gold Corp. today reported its results for the third quarter of 2023 for the three months ended May 31, 2023. Financial results are available on the Company's website. Key highlights for Q3 2023 include: 1,000 tonne per day mill running efficiently: In Q3 2023, Buckreef Gold poured 4,764 ounces of gold and sold 4,810 ounces of gold, resulting in positive operating cash flow for the Company of $3.2 million. Year to [...]
TRX Gold Corp. is pleased to provide a significant operational update for Buckreef Gold as well as a preview to the Company's Q3 2023 financial results. Significant operational update The Company is happy to announce important preliminary results from bulk sample testing at the Buckreef Gold mine. Over 6,500 tonnes of sulphide ore have been successfully processed through Buckreef Gold's existing milling facility [...]
TRX Gold Corp. is pleased to provide an update on the drilling results from the Anfield and Eastern Porphyry Zones. The results demonstrate the potential for the Anfield and Eastern Porphyry Zones to add to resources and a new mining area on the Buckreef Gold project. These results are part of the Company's larger 2023 exploration and brownfield drilling campaign totalling over 10,000 meters, completed for fiscal 2023 [...]
TRX Gold Corp. today announced that it has entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC as Lead Agent and Roth Capital Partners, LLC as Co-Agent, pursuant to which the Company, at its discretion, may offer and sell, from time to time, through the Lead Agent, common shares without par value having an aggregate offering price of up to US$10,000,000 . The Offering is being made in the [...]
TRX Gold Corp. today reported its results for the second quarter of 2023 for the three months ended February 28, 2023. Financial results will be available on the Company's website on April 14, 2023. Key highlights for Q2 2023 include: Newly expanded mill running smoothly: Q2 2023 represents the first full quarter of gold production from the newly expanded 1,000+ tonne per day processing plant at Buckreef Gold, following [...]
TRX Gold Corp. is pleased to provide an update on the advancement of the larger Buckreef Gold mine development project, in which ongoing work on a number of different fronts will allow the Company to grow the currently producing Buckreef Gold Mine to a significant operation. Update highlights: Geotechnical characterization has been ongoing as both consultants, SGS Canada and Terrane Geoscience, industry experts in [...]
TRX Gold Corp. is pleased to announce preliminary Q2 2023 production of 5,636 ounces of gold, a new record for the Company and in line with previous production guidance of approximately 1,600 - 2,000 ounces of gold per month, as well as preliminary Q2 2023 sales of 5,504 ounces of gold. The average market price for gold in Q2 2023 was approximately $1,853 per ounce. Preliminary Q2 2023 gold production was higher than Q1 [...]