Theta Gold Mines Ltd. is pleased to advise that it has executed a Memorandum of Understanding with Yellow River Co., Ltd, a subsidiary of Power Construction Corporation of China for the construction of the first phase of the Company's TGME Gold Plant, tailings storage facility and wastewater dams. HIGHLIGHTS - Memorandum of Understanding executed with Yellow River Co., Ltd , a subsidiary of Power Construction Corporation [...]
Theta Gold Mines Ltd. provides a Presentation which was provided by Theta Gold's Chairman, Bill Guy at the 121 Mining Investment Conference on 5 and 6 February 2024 as part of the 2024 Indaba Mining Conference held in Cape Town, South Africa. *To view the presentation, please visit: https://abnnewswire.net/lnk/70Y0PX4O About Theta Gold Mines Limited: Theta Gold Mines Ltd. is a gold development company that holds a range [...]
Theta Gold Mines Ltd. is pleased to report on its activities for the quarter ended 31 December 2023. HIGHLIGHTS DURING THE DECEMBER 2023 QUARTER: - 2200 tons of fresh ore mined, and 2120 tons of historical mine sweepings extracted. - Final Environmental Authorisation received for Mining Right 83 from the Department of Mineral Resource and Energy of South Africa . - The Company continues to progress the due diligence [...]
Theta Gold Mines Ltd. is pleased to report on its activities for the quarter ended 30 September 2023. HIGHLIGHTS - Drill, blast and mining at Frankfort Mine commenced - Final Environmental Authorisation received for Mining Right 83 from the Department of Mineral Resource and Energy of South Africa . - A$5 million Private Placement completed with strategic professional and sophisticated investors. - The Company continues [...]
Theta Gold Mines Ltd. provides the following update in relation to the Company's Environmental Authorisation application granted over Mining Right 83 by the DRME. The Company wishes to advise that the South African Department of Forestry, Fisheries and the Environment has received a notice of objection from a private individual against the EA granted by the DMRE over MR83. As per the announcement of 26 July 2023, there is [...]
Theta Gold Mines Ltd. is pleased to report on its activities for the period from 1 April 2023 to 30 June 2023. HIGHLIGHTS DURING THE JUNE 2023 QUARTER: - The Company completed a A$5 million financing package and the signing of a commercial bulk sampling trial for its Frankfort gold mine project. - Received the Water Use License for its TGME Gold Project over Mining Right 83 from the Department of Water and Sanitation of [...]
Theta Gold Mines Ltd. is pleased to advise that the South African Department of Minerals Resources and Energy has granted the Company's Environmental Authorisation application over Mining Right 83 . As a result of the DMRE approval, three of the four mines within the initial TGME Underground Gold Project are now fully permitted, following the Company having successfully secured the funding to instal the environmental bond [...]
Theta Gold Mines Ltd. is pleased to advise that drill and blast operations have commenced in support of the planned 3000-ton commercial bulk sampling program at the Frankfort Gold Mine. HIGHLIGHTS: - Drill and Blast operations have commenced at the Frankfort Gold Mine in support of the commercial bulk sampling program. - Theta Gold Mines Ltd. received the necessary Mines Health and Safety regulatory approvals and permits [...]
Theta Gold Mines Ltd. is pleased to announce it has raised A$5.0 million through a private placement to strategic professional and sophisticated investors. Hong Kong Ruihua Investment Management Limited cornerstoned A$3.0 million of the placement. Ruihua is a wholly-owned subsidiary to its Nanjing based parent company Jiangsu Ruihua Investment Holding Group Co., Ltd , a fund manager with over US$3 billion AUM who [...]
Theta Gold Mines Ltd. is pleased to advise that it has received notice from the South African Department of Resources and Energy that it is close to approving the final Environmental Authorisation for MR 83 under Section 24P of the National Environmental Management Act subject to installing the necessary environment bond to the value of 21 million Rand prior to commencement of mining activities. Theta Gold is currently in [...]
Theta Gold Mines Ltd. advises that over 30 new staff members are currently undergoing Mines Health and Safety training at its TGME project facility in compliance with local mining regulations, this training is expected to be complete by end of May 2023. A two-stage crushing circuit and a dense medium separation unit with the capacity of delivering 25tph will be mobilised to the site in the coming month. Site preparation [...]
Theta Gold Mines Ltd. is pleased to report on its activities for the period from 1 January 2023 to 31 March 2023. HIGHLIGHTS DURING THE MARCH 2023 QUARTER: - Theta Gold's Chairman presented its TGME Gold Project at the 2023 Mining Indaba Conference held in South Africa in February 2023. - The Company announced a A$5 million financing package and the signing of a commercial bulk sampling trial with Pan African Resources [...]