Tanzanian Gold Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project located in north-central Tanzania; the Kigosi project situated within the Kigosi-Miyabi and Ushirombo greenstone belts in northwestern Tanzania; and the Itetemia gold project located to the southwest of Mwanza in Northern Tanzania. The company was formerly known as Tanzanian Royalty Exploration Corporation and changed its name to Tanzanian Gold Corporation in April 2019. Tanzanian Gold Corporation was incorporated in 1990 and is based in Vancouver, Canada.
IPO Year:
Exchange: AMEX
Website: tangoldcorp.com
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Alliance Global Partners initiated coverage of Tanzanian Royalty Exploration with a rating of Buy and set a new price target of $1.50
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USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, Sept. 18, 2025 /PRNewswire/ -- Gold has shattered the $3,650 barrier for the first time in history after markets priced in the now-certain Federal Reserve rate cuts—the first of this year[1], creating unprecedented momentum for precious metals. The metal's 39% surge this year[2] has been amplified by central banks accumulating 900 tonnes of gold reserves[3] as nations diversify away from dollar-dominated assets amid mounting geopolitical tensions. This confluence of monetary easing expectations and institutional demand has positioned gold mining companies as prime beneficiaries of the evolving economic
TORONTO, July 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") reported its results for the third quarter of 2025 ("Q3 2025") for the three and nine months ended May 31, 2025. Financial results are available on the Company's website at www.TRXgold.com. Stephen Mullowney, TRX CEO commented: "We're pleased with the progress at Buckreef Gold this quarter, driven by the successful execution of our scheduled strip campaign to access higher-grade ore, combined with lower mining and processing cost per tonne. We have started to see the benefits of this work and since May 31st, the Company's adjusted working capital turned positive, improving fr
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- RX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") has filed on SEDAR+ a Technical Report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") on the Buckreef Gold Project ("Buckreef Gold"), titled Preliminary Economic Assessment and Updated Mineral Resource Estimate of the Buckreef Gold Mine Project, Tanzania ("PEA"). The PEA supports disclosure made by the Company in its news release dated April 22nd, 2025, titled "TRX Gold Reports Robust PEA On Next Buckreef Gold Expansion". There are no material differences in the PEA from those results disclosed in the April 22n
Pre-tax NPV5% of US$701M at US$2,296/ozIncreasing to US$1.2Bn at US$3,000/oz TORONTO, April 22, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce positive results of a Preliminary Economic Assessment (the "PEA") on the expansion of its Buckreef Gold Project ("Buckreef Gold") in Tanzania. The PEA evaluated the following scenario: (i) an expansion and upgrade of the existing process plant at Buckreef Gold to 3,000 tonnes per day ("tpd"); and (ii) a transition from open pit mining to underground mining over the next 2-3 years. The PEA will be filed under the Company's profile on SEDAR+ within 45 days of this announceme
TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") reported its results for the second quarter of 2025 ("Q2 2025") for the three and six months ended February 28, 2025. Financial results are available on the Company's website at www.TRXgold.com. Stephen Mullowney, TRX CEO commented: "The past couple of years have set the foundation for continued growth at Buckreef Gold. We have significantly de-risked Buckreef Gold's operations, building production capacity on-time and on-budget. Our technical team continues to deepen their knowledge of Buckreef Gold's ore metallurgy and how best to mine the deposit on a cost-effective b
TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce that further to the Company having received the necessary approval of its shareholders at the Company's annual and special meeting of shareholders held on February 27, 2025, the Company has successfully completed its continuance, effective March 27, 2025, from the jurisdiction of the Province of Alberta into the Province of British Columbia under the Business Corporations Act (British Columbia). The Company's certificate of continuance and articles of incorporation are available under the Company's profile on SEDAR+ at www.sedarplus.ca. About TRX Gol
TORONTO, March 10, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the voting results from its Annual General and Special Meeting, held February 27, 2025. A total of 123,954,147 common shares were voted representing 43.98% of the issued and outstanding common shares of the Company. Shareholders voted in favor of all items of business before the Meeting, as follows: Item Voted Upon Results of Vote - ForResults of Vote – Withhold/AgainstSet the number of directors at five (5)121,582,773 (98.09%)2,371,374 (1.91%)Appoint Stephen Mullowney as director84,809,335 (98.26%)1,499,802 (1.74%)Appoint Dr. Norman Betts as direct
TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today announced that Buckreef Gold Limited ("Buckreef Gold") has entered into its first ever credit agreement with Stanbic Bank Tanzania Limited ("Stanbic") and a Gold Prepayment Facility with Auramet International, Inc. ("Auramet"). TRX Gold has also renewed its At The Market Offering Agreement ("ATM") with H.C. Wainwright & Co., LLC ("H.C. Wainwright") as Lead Agent and Roth Capital Partners, LLC ("Roth Capital") as Co-Agent. The combination of these facilities provides the Company with access to supplementary capital, strengthened liquidity, and additional financial flexibi
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the first quarter of 2025 ("Q1 2025") for the three months ended November 30, 2024. Financial results are available on the Company's website at www.TRXgold.com. Key highlights for Q1 2025 include: Capturing record gold prices: The Company poured 4,841 ounces of gold (Q1 2024: 4,927) and sold 4,813 ounces of gold (Q1 2024: 4,895) generating revenue of $12.5 million (Q1 2024: $9.4 million), gross profit of $4.8 million (Q1 2024: $3.7 million) and Adjusted EBITDA1 of $4.4 million (Q1 2024: $2.6 million). The increase in revenue
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is excited to announce, once again, another excellent set of drill results, with hole BMDD319 intersecting 21 metres ("m") @ 8.63 g/t Au from 81 m; BMDD320 intersecting 20.50 metres ("m") @ 5.14 g/t Au from 125.5 m and BMDD321 intersecting 5 metres ("m") @ 2.74 g/t Au from 157 m. These drill hole results are downdip extensions at the newly discovered and highly prospective Stamford Bridge Shear Zone (see Figure 1). They are located approximately 250 m east of the Buckreef Main Zone—host to Buckreef Gold's 2M+ ounce Au Mineral Resource1 and where current operations are ongoing
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
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TORONTO, July 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") reported its results for the third quarter of 2025 ("Q3 2025") for the three and nine months ended May 31, 2025. Financial results are available on the Company's website at www.TRXgold.com. Stephen Mullowney, TRX CEO commented: "We're pleased with the progress at Buckreef Gold this quarter, driven by the successful execution of our scheduled strip campaign to access higher-grade ore, combined with lower mining and processing cost per tonne. We have started to see the benefits of this work and since May 31st, the Company's adjusted working capital turned positive, improving fr
Pre-tax NPV5% of US$701M at US$2,296/ozIncreasing to US$1.2Bn at US$3,000/oz TORONTO, April 22, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce positive results of a Preliminary Economic Assessment (the "PEA") on the expansion of its Buckreef Gold Project ("Buckreef Gold") in Tanzania. The PEA evaluated the following scenario: (i) an expansion and upgrade of the existing process plant at Buckreef Gold to 3,000 tonnes per day ("tpd"); and (ii) a transition from open pit mining to underground mining over the next 2-3 years. The PEA will be filed under the Company's profile on SEDAR+ within 45 days of this announceme
TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") reported its results for the second quarter of 2025 ("Q2 2025") for the three and six months ended February 28, 2025. Financial results are available on the Company's website at www.TRXgold.com. Stephen Mullowney, TRX CEO commented: "The past couple of years have set the foundation for continued growth at Buckreef Gold. We have significantly de-risked Buckreef Gold's operations, building production capacity on-time and on-budget. Our technical team continues to deepen their knowledge of Buckreef Gold's ore metallurgy and how best to mine the deposit on a cost-effective b
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the first quarter of 2025 ("Q1 2025") for the three months ended November 30, 2024. Financial results are available on the Company's website at www.TRXgold.com. Key highlights for Q1 2025 include: Capturing record gold prices: The Company poured 4,841 ounces of gold (Q1 2024: 4,927) and sold 4,813 ounces of gold (Q1 2024: 4,895) generating revenue of $12.5 million (Q1 2024: $9.4 million), gross profit of $4.8 million (Q1 2024: $3.7 million) and Adjusted EBITDA1 of $4.4 million (Q1 2024: $2.6 million). The increase in revenue
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the year end August 31, 2024, and fourth quarter ("Q4 2024"). Financial results are available on the Company's website at www.TRXgold.com. Highlights include: Annual production of 19,389 ounces of gold, sold at record gold spot prices, resulting in full year record revenue of $41.2 million, gross profit of $17.9 million, operating cashflow of $15.3 million, and record adjusted EBITDA1 of $15.3 million.Continued prudent capital management by reinvesting $14 million of cash flow generated from operations to fund the Company's third successful pla
TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the completion of the expanded processing plant to 2,000 tonnes per day ("tpd"), and also reported its results for the third quarter of 2024 ("Q3 2024") for the three months ended May 31, 2024. Financial results are available on the Company's website at www.TRXgold.com. Project highlights include: Immediate and positive impact on milling capacity: The newly expanded 2,000 tpd processing facility is now operational and is currently undergoing wet commissioning. During this commissioning phase, the expanded processing plant has been consistently achievin
TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE: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. 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
TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the first quarter of 2024 ("Q1 2024") for the three months ended November 30, 2023. Financial results are available on the Company's website at www.TRXgold.com. Key highlights for Q1 2024 include: Positive operating cash flow: The Company poured 4,927 ounces of gold and sold 4,895 ounces of gold, resulting in positive operating cash flow of $5.1 million.Strong gross profit margins: The Company recognized revenue of $9.4 million and cost of sales of $5.7 million, generating gross profit of $3.7 million, gross profit margin of 40%, and Adjusted E
TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the year end August 31, 2023 and fourth quarter ("Q4 2023"). Financial results are available on the Company's website at www.TRXgold.com. Highlights include: Record annual gold production (20,759 ounces), revenue ($38.3 million), operating cash flow ($17.3 million), adjusted EBITDA1 ($13.7 million), net income ($7.0 million) and gross profit margin (47%).Successful and safe completion of 1,000 tonnes per day ("tpd") mill expansion for $6.4M, on time and on budget.Continued growth ahead through procurement of an additional 1,
TORONTO, July 19, 2022 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to invite shareholders and all interested participants to a live investor conference call that will be hosted by TRX Gold's executive team. The call is scheduled to take place: Wednesday, July 27, 2022 3:00 pm ET to 4:00 pm ET Location: Web call via link: https://cutt.ly/zLCP3VM Participants interested in attending the virtual investor call, can do so by clicking on the above link. There will be a brief Q&A session toward the end of the call, where participants may interact with TRX Gold members. The TRX Gold team looks forward to having you among us. About T
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TORONTO, March 10, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the voting results from its Annual General and Special Meeting, held February 27, 2025. A total of 123,954,147 common shares were voted representing 43.98% of the issued and outstanding common shares of the Company. Shareholders voted in favor of all items of business before the Meeting, as follows: Item Voted Upon Results of Vote - ForResults of Vote – Withhold/AgainstSet the number of directors at five (5)121,582,773 (98.09%)2,371,374 (1.91%)Appoint Stephen Mullowney as director84,809,335 (98.26%)1,499,802 (1.74%)Appoint Dr. Norman Betts as direct
TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the appointment of Richard Boffey as Chief Operating Officer ("COO"), effective immediately. Mr. Boffey is a seasoned executive, bringing more than 35 years of operational experience to the TRX Gold team and will be instrumental in the continued growth and development of Buckreef Gold. TRX Gold's CEO, Stephen Mullowney stated: "We would like to welcome Richard to the team; he has an outstanding track record delivering growth and operational excellence globally. He brings to this position a strong reputation for managing open pit and underground operatio
TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TRX Gold") 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 Partners. Mr. Rakhit's distinguished career includes leading over $90 billion of M&A transactions, and over $100 billion of global capital markets issuance, including man
TORONTO, May 16, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TanGold") is pleased to announce that it will change its name from "Tanzanian Gold Corporation" to "TRX Gold Corporation" (the "Name Change"). The Name Change was approved by way of special resolution at the Company's annual general and special meeting of shareholders held on February 25, 2022. The Company expects the Name Change to take effect at market open on May 27, 2022. The Company's common shares (the "Common Shares") will continue trading on the Toronto Stock Exchange (the "TSX") under its current ticker symbol "TNX" and on the New York Stock Exchange (the "NYSE") under i
TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX)(NYSE:TRX) (the "Company") announces the voting results from its 2022 annual general and special meeting held on February 25, 2022. A total of 102,168,042 common shares were voted representing 40.04% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, as follows: Item Voted UponResult of VoteSet the number of directors at sevenVotes ForVotes Against66,224,814 (96.11%)2,679,256 (3.89%)Appoint Stephen Mullowney as directorVotes ForVotes Withheld62,574,166 (94.70%)3,503,659 (5.30%)Appoint James E. Sinclair as directorVotes ForVotes W
TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces the voting results from its 2021 annual general and special meeting held on February 25, 2021. A total of 61,239,388 common shares were voted representing 29.28% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, as follows: Item Voted UponResult of VoteSet the number of directors at sixVotes ForVotes Against48,671,309 (97.21%)1,395,199 (2.79%)Appoint James E. Sinclair as directorVotes ForVotes Withheld48,827,174 (97.53%)1,239,334 (2.47%)Appoint Norman Betts as director Votes ForVotes With
TORONTO, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to announce the appointment of Mr. Andrew Cheatle to the position of Chief Operating Officer (COO). TanGold is also pleased to announce that TanGold (operating through its wholly owned subsidiary in Tanzania) and its joint venture partner, The State Mining Company (STAMICO), have received approval of the updated mine plan for the Buckreef Gold Project (Buckreef or the Project) from the Mining Commission in Tanzania (Mining Commission). STAMICO, which is 100% owned by the United Republic of Tanzania, owns a 45% non-dilutable equity interest in Buckre
TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to announce the retirement of US$7.0 million of convertible debt provided by YA II PN and Riverfort Global Opportunities PLC (collectively, the Investors). The Investors have advised us that they have sold all their shares through normal course sales in the market. Mr. Stephen Mullowney, Chief Executive Officer (TanGold), commented, “We would like to thank both Riverfort and YA for their original and future support as we continue to move forward the Buckreef Gold Project in Tanzania with our joint venture partner, the State Mining Corporation (STAMICO).”