Welcome to our dedicated page for TRX Gold news (Ticker: TRX), a resource for investors and traders seeking the latest updates and insights on TRX Gold stock.
TRX Gold Corporation reports developments tied to the Buckreef Gold Project in Tanzania, where the company operates an open-pit gold operation and processing plant while pursuing exploration and resource growth. Company updates commonly cover gold production, operating and financial results, processing plant expansion plans, mineral-resource work and the project economics described in its preliminary economic assessment.
Recurring news also includes annual meeting voting results, governance matters, capital-structure disclosures and material agreements. As a Canadian foreign issuer with securities trading on the TSX and NYSE American under TRX, company announcements often combine mine-site progress with shareholder and regulatory disclosure topics.
TRX Gold (TSX: TRX / NYSE American: TRX) reported a record Q2 2026 with 7,453 oz poured and 7,314 oz sold at an average realized price of $4,655/oz, generating $34.1M revenue, $21.1M gross profit (≈62% margin) and $20.2M adjusted EBITDA (≈59% margin).
The company held $26.0M cash, >$12M undrawn revolver, a ROM stockpile of 20,147 oz (~$107.5M fair value), and is advancing a 3,500+ tpd SAG/ball mill expansion with an updated PEA expected in Q4 2026.
TRX Gold (TSX: TRX; NYSE American: TRX) reported metallurgical test results and a materially larger plant expansion at Buckreef Gold on April 8, 2026. Test work delivered recoveries of 89%–92%, above the PEA assumption of 88%, and the company now specifies a 3,500+ tpd SAG/Ball mill plant versus the PEA's 3,000 tpd.
Capital costs for the total expansion and upgrades are now estimated at $45–$50 million (≈$10–$15 million above the PEA). Upgrades to the existing 2,000 tpd plant are in progress, with major milestones targeting Q4 2026 and SAG orders expected Q3 2026.
TRX Gold (TSX: TRX; NYSE American: TRX) reported voting results from its February 25, 2026 Annual Meeting. A total of 136,312,808 shares were voted, representing 47.276% of outstanding common shares, and shareholders approved all items, including five directors and auditors.
The company reiterated Buckreef Project metrics: 62,000 oz/year average production (17.6 years) and a US$1.9–2.6 billion pre-tax NPV5% at US$4,000–5,000/oz, plus a base-case NPV5% of US$701.0 million pre-tax at consensus prices.
TRX Gold (TSX/NYSE: TRX) reported record Q2 2026 quarterly production of 7,453 oz (up 13% vs Q1 2026) and sold ~7,400 oz. The Company realized a record average gold price of $4,682/oz (≈21% above Q1 levels).
Capital structure improved: $21.0M gross from warrant exercises, cash ≈$25M, and current ratio rose from ~1.7 to ~2.5 at Feb 28, 2026. Progressing a 3,000+ tpd plant expansion with key equipment deliveries and TSF works planned through Q3–Q4 2026.
TRX Gold (TSX: TRX, NYSE American: TRX) reported Q1 2026 results for the three months ended Nov 30, 2025, delivering record operational and financial metrics. Buckreef poured 6,597 oz and sold 6,492 oz at an average realized price of $3,860/oz, producing $25.1M revenue, $14.2M gross profit (57% margin) and $13.2M EBITDA (53% margin). The company reaffirmed fiscal 2026 production guidance of 25,000–30,000 oz and is executing an expanded processing plant (3,000+ tpd sulphide circuit plus 1,000 tpd oxide circuit) expected to exceed the PEA's 62,000 oz annual average, to be financed from internal cash over 18–24 months. Working capital and ROM stockpiles increased; zero LTIs and no reportable environmental incidents were recorded.
TRX Gold (TSX: TRX | NYSE American: TRX) reported Q4 and fiscal 2025 results on December 2, 2025, highlighting record revenue and cash generation.
Key metrics: Q4 poured 6,404 oz, sold 6,977 oz at an average realized price of $3,363/oz, Q4 revenue $23.5M, gross profit $12.6M, Adjusted EBITDA $12.7M. Fiscal 2025 revenue was a record $57.6M with Adjusted EBITDA $22.0M and net income $6.6M. Working capital improved to a current ratio of ~1.3 and short-term borrowings of ~$3.0M were repaid.
Strategic developments: a PEA for Buckreef shows average production ~62,000 oz/yr and an NPV5% of $1.9B pre-tax at US$4,000/oz; the Company is executing a larger processing plant (3,000+ tpd sulphide plus 1,000 tpd oxide circuit) and plans expanded exploration including the high-grade Stamford Bridge zone. Fiscal 2026 guidance: production 25,000–30,000 oz, capex $15–20M, exploration $3–5M.
TRX Gold (TSX: TRX / NYSE American: TRX) announced an expansion and upgrade of the Buckreef Gold processing plant to a combined 3,000+ TPD sulphide circuit and a 1,000 TPD oxide/transition/tailings circuit, integrated into the existing 2,000 TPD plant for an estimated capital cost of approximately US$30 million. The company says the work will be financed from internally generated cashflow over the next 18–24 months and is expected to lift average annual gold production above the ~62,000 oz noted in the May 27, 2025 PEA. Key milestones include a pre-leach thickener 95% complete, shipping December 2025, flotation and grind contracts to be awarded November 2025, and phased completion with overall plant upgrades targeted in fiscal 2026 and full circuits in fiscal 2027.
TRX Gold (TSX: TRX, NYSE American: TRX) reported preliminary Q4 2025 results showing record quarterly production and sales with 6,404 oz produced and 6,977 oz sold, a 37% increase in production vs Q3 2025. The company realized an average gold market price of about $3,350/oz in Q4 2025 and $2,973/oz for fiscal 2025.
Liquidity improved: adjusted working capital ratio rose from ~0.8 (May 31, 2025) to ~1.2 (Aug 31, 2025), cash was ~$7.8M, net cash up ~$1.2M, and short-term borrowings of ~$3.0M were fully repaid. ROM stockpile grew to 15,162 oz contained gold. Plant expansion and optimization work to reach 3,000+ tpd is underway.
TRX Gold Corporation (NYSE: TRX) reported strong Q3 2025 results, with revenue of $12.5 million and net income of $1.1 million. The company poured 4,687 ounces of gold during Q3, selling at a record average price of $3,114 per ounce.
Key operational highlights include lower mining costs of $3.63 per tonne and processing costs of $14.60 per tonne. The company's working capital position improved from negative $3.3 million to positive $3.9 million post-quarter. Production increased from 30 ounces per day in Q2 to 50 ounces per day in Q3, with current production at 75 ounces per day.
A new Preliminary Economic Assessment projects average annual production of 62,000 ounces over a 17.6-year mine life, with an after-tax NPV5% of $0.8 billion at $3,000 per gold ounce.