Articles On Theta Gold Mines (ASX:TGM)

In recent years attitudes towards African mining stocks have arguably changed as investors have become more risk averse and sensitive to both ESG and geopolitical risk. The words “Tier 1 jurisdiction” are becoming more prominent in the lexi...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Byron Dumpleton has a strong background in geology, mining operations, ore resources and corporate funding processes with a career encompassing several iconic mining houses in Australia and Asia.

The trial mining data, including drill hole size, drill pattern, and explosive charge rate will inform the DFS and provide proof of concept.

Theta is consulting with the Department of Mineral Resources and Energy and DFFE to facilitate a mutually beneficially way forward for continuation of mining activities.

Theta Gold Mines' TGME Underground Gold Project is undergoing development work to make the mine safe for trial mining and underground sampling. The mine site team is now fully vaccinated against COVID-19.

Definitive feasibility studies are expected to be completed for Beta, Frankfort, CDM and Rietfontein underground mines by the second quarter of 2022.

The capital raise will provide sufficient funding to advance the TGME gold project’s environmental and water studies/approvals, early trial mining and bulk sampling programs, progress the Beta/Frankfurt/CDM mines’ DFS and potentially delive...

The ASX 200 touched intraday record highs, but could not hold on and closed the day just shy of its all time high. The benchmark index finished 0.46% higher at 7,428, and is now on track to finish July on a 10-month winning streak. Six out...

The company’s shares will remain in a trading halt until Wednesday, July 28, 2021, or when an announcement is released to the market.

The ASX clawed back initial gains to start the week, closing virtually flat today. The ASX 200 closed at 7,394 which was neck and neck with the point it closed at on Friday despite gaining as much as 0.3% in early trade. Meanwhile, the ASX...

Aussie shares rebounded today following rises in the US and Europe overnight, after having fallen for the previous two days. The ASX 200 regained 0.78%, with all 11 sectors in the green except for Industrials and IT. Healthcare and financia...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The gold mining hopeful is determined to grow the TGME Underground Project as part of its wider mission to become a key player in the South African mining industry.

Its assets include more than 62,00 hectares of gold mining rights, covering most of the Eastern Transvaal Gold Fields, around 350 kilometres east of Johannesburg.

Its assets include more than 62,00 hectares of gold mining rights, covering most of the Eastern Transvaal Gold Fields, around 350 kilometres east of Johannesburg.

It will continue to build up its mining reserves during the year by progressing Rietfontein and other mines through to PFS level, while concluding detailed designs for the Phase 1 UG Project.

It will continue to build up its mining reserves during the year by progressing Rietfontein and other mines through to PFS level, while concluding detailed designs for the Phase 1 UG Project.

Source: Sittipong Phokawattana, Shutterstock Summary The ASX 200 traded higher today on the back of gold and technology stocks, which were driven by a rise in inflation and a drop in borrowing costs. The gold stockswere in demand on a...

Source: ESB Professional, Shutterstock Summary The shares of BrainChip Holdings Ltd (ASX:BRN) jumped over 27% in today’s intra-day trade. The share price surge came after the company said that it had begun the volume manufacturing of...

Source: Nordroden, Shutterstock Summary Regis Resources (ASX: RRL) has entered into an agreement with IGO Limited to acquire 30 per cent stakes in the Tropicana Gold Project. The acquisition will diversify the miner’s portfolio by add...

Today, the ASX finished slightly in the green, tech stocks were up over 2 per cent, and another IPO gained over 100 per cent. The ASX 200 rose 0.04 per cent, closing at 6,977 points. Meanwhile, the ASX Emerging Companies Index rose 0.36 per...

The company has demonstrated, through the first phase underground PFS, excellent project economics for what it believes to be only a small portion of the underground resource.

After six trading days in a row in the green, the ASX finished lower today. The ASX 200 lost 0.30 per cent closing at 6,974 points while the ASX Emerging Companies Index lost 1.08 per cent – closing at 2,070. The best sectors were health an...

Recently, the company last week delivered a maiden underground mining reserve for the TGME Underground Project of 490,000 ounces of gold at 5.49 g/t gold.

Source: HNK, Shutterstock The market traded lower today. The benchmark index ASX 200 steeply fell in the initial trade, and it continued to lose points towards lunchtime. It lost 27.40 points, a decline of 0.39% on Friday’s closure. 9 of...

The ASX closed upwards again and all sectors were in the green. The ASX 200 rose 0.61 per cent to 6,928 points and the ASX Emerging Companies Index rose 0.52 per cent to 2,046 points. Topping the list of best performing sectors were energy...

The ASX picked up where it left off before the Easter break with another day of gains. The ASX 200 rose 0.84 per cent to 6,886 points and the ASX Emerging Companies Index rose 1.17 per cent, closing at 2,036 points. Utilities and energy wer...

Source: Daniel Fung, Shutterstock The market started low and spiked during the initial trade, and by lunchtime, it continued trading in the green zone. It gained 61.50 points and traded at 6890.20 points, up by 0.90%. Most of the sectors t...

Developer Theta Gold Mines has entered into an 'at-the-market' subscription agreement with Acuity Capital for up to A$15 million of standby equity.

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The New Criterion's Tim Boreham throws light on ways to get a slice of the Bitcoin pie via the ASX How to play the listed Bitcoin game By Tim Boreham, Editor, The New Criterion With Bitcoins – by far the dominant ‘crypto’ – now worth a coll...

With Bitcoin – by far the dominant crypto – now worth a collective US$1 trillion, massive punts are being made on the currency by the likes of Blackrock, the world’s biggest fund manager. Having fetched US$380 apiece five years ago, Bitcoin...

The board has approved a pre-feasibility study (PFS) to convert more of Theta Gold’s measured and indicated mineral resources into a mining reserve by Q1 2021.

Theta Gold may opt-in to invest up to 50% of BAM’s future gold mining acquisitions (advance gold projects or operating mines) at any time up to December 31, 2025.

Small caps bounced back solidly from yesterday’s losses with the Small Ordinaries index finished Tuesday up 1.58 per cent to 3,123.7. The ASX 200 rose by 1.19 per cent to 6,742.6 however the Emerging Companies nano-cap index only rose by 0....

A pre-feasibility study, targeted for completed by Q1 2021 will focus on maximising recovered grade with modern mining methods and maximising gold recovering with modern gold processing.

Post the September quarter-end, the South African Department of Mineral Resources and Energy informed the company that it supports the amendment application for MR83.

Summary Theta Gold has planned to produce more than 160,000 ounces of gold per year from its near-surface mines. The bulk metallurgical gold sampling from Theta’s three underground mines has exhibited excellent gold recovery with Carbo...

Work completed at the Rietfontein, Beta and Vaalhoek mines includes an underground bulk sampling program, underground workings survey and historical data review which will be included in the PFS to increase reserves.

The company’s application for environmental approval to permit open-pit mining on MR83 is being reviewed and the record of decision should be finalised on or before the end of November 2020.

The company is transitioning from developer to gold producer with more than 6 million ounces of resources under its management.

The appointments “could not be more aligned to our requirements, especially as we transition from mine developer to low-cost gold producer”, says chairman.

As part of the detailed engineering design for the mining structures, a geotechnical assessment was carried out at footprints for the waste rock dumps and pollution control dams.

Geotechnical drilling and geophysical survey at the pit is another crucial step in its ongoing project development works which are progressing to plan and are not delayed.

Geotechnical drilling and geophysical survey at the pit is another crucial step in its ongoing project development works which are progressing to plan and are not delayed.