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 (TRX) has been added to the MVIS Global Junior Gold Miners Index (MVGDXJ) following the Q3 2026 index rebalance announced on September 11, 2026.
The company states that inclusion in this small-cap gold and silver mining benchmark may help maintain and attract additional global institutional investors, increase share liquidity, and potentially support inclusion in related products such as the VanEck Junior Gold Miners ETF (GDXJ), which seeks to replicate MVGDXJ’s performance.
For Q3 2026, MVGDXJ uses an index data reference date of August 31, 2026, with implementation on September 18, 2026, and the new composition effective September 21, 2026. TRX Gold highlights its Buckreef Gold Project in Tanzania, which has a May 2025 PEA outlining average production of 62,000 oz of gold per year over 17.6 years at 3,000 tonnes per day and a pre-tax NPV5% of US$1.9–US$2.6 billion at life-of-mine gold prices of US$4,000–US$5,000/oz.
TRX Gold (TRX) reported record preliminary Q4 2026 and full-year gold production, reaching the top end of its 2026 guidance range.
Q4 2026 gold production was 8,173 oz, up 28% from 6,404 oz in Q4 2025. Full-year 2026 production was a record 29,650 oz, a 57% increase from 18,935 oz in 2025 and at the top of the 25,000–30,000 oz guidance range. The company realized a Q4 average market gold price of about $4,233/oz, 26% higher year over year, and a record full-year average price of about $4,386/oz, 46% above 2025, which is expected to drive significantly higher revenue versus prior periods.
TRX Gold advanced upgrades to its existing 2,000 tpd plant and finalized contracts for a new 3,500 tpd SAG/Ball mill, expected to be completed in 12–18 months, with combined capacity anticipated to support average annual production above the 62,000 oz outlined in the Buckreef PEA. The company also expanded drilling capacity at Buckreef Gold, completing about 14,500 meters of drilling in 2026 and adding multiple new drill rigs to accelerate exploration and resource definition.
TRX Gold (TSX/NYSE American: TRX) reported strong Q3 2026 results for Buckreef Gold, driven by record plant throughput of 1,690 tpd, 7,426 ounces poured and 6,983 ounces sold at a record average realized gold price of $4,703/oz, generating revenue of $32.9 million, gross profit of $19.5 million, adjusted net income of $10.1 million, operating cash flow of $8.8 million and record adjusted EBITDA of $20.7 million.
Year to date, TRX Gold produced 21,476 ounces, with $92.0 million revenue, $54.7 million gross profit, $29.5 million adjusted net income and $54.1 million adjusted EBITDA, while cash costs averaged $1,555/oz. Plant upgrades lifted recovery to 84.9%, metallurgical testwork supports a new 3,500 tpd SAG/ball mill (12–18 month completion), to run alongside the upgraded 2,000 tpd plant. Working capital improved to $36.3 million, including $26.8 million cash and a ROM stockpile of 19,373 contained gold ounces (about $89.0 million fair value). The company maintained zero lost time injuries and reiterated full-year production guidance of 25,000–30,000 ounces at cash costs of $1,400–$1,600/oz.
TRX Gold (TSX/NYSE American: TRX) reported preliminary Q3 2026 results with record plant throughput and reaffirmed 2026 production guidance.
Throughput reached 1,833 tpd, gold production was 7,426 oz, recoveries improved to 84.6%, gold prices averaged about $4,731/oz, and major plant expansion and upgrade projects advanced toward Q4 2026 milestones.
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.