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Stock impact report

TRX Gold Expects Significant Growth with Plant Expansion Nearing Completion [Financial Post (Toronto, Ontario, Canada)]

TRX Gold Corporation (TRX) 
NASDAQ:AMEX Investor Relations: tanzanianroyalty.com
Company Research Source: Financial Post
TRX Gold Reports Second Quarter 2024 Results TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the second quarter of 2024 (“Q2 2024”) for the three months ended February 29, 2024. Financial results are available on the Company's website at www.TRXgold.com Article content Article content Key highlights for Q2 2024 include: Organic Growth Plant Expansion to double throughput and increase production, nearing completion : The Company expects significant growth in throughput and production following completion of the plant expansion to 2,000 tonnes per day (“tpd”). The expansion is progressing on schedule with first gold expected in early Q4 2024 (June 2024). The total capital cost of the mill expansion is expected to be approximately $6.0 million, of which approximately $4.0 million has been incurred to date. The remaining capital cost is expected to be funded from a com Show less Read more
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