
Quarterly UpdatesJun 5, 2026, 06:16 AM
TRX Gold Q3 2026 Gold Production Up 58% to 7,426 oz; Record Throughput
AI Summary
TRX Gold Corporation announced strong preliminary Q3 2026 results, with gold production increasing 58% year-over-year to 7,426 ounces, driven by a record quarterly processing plant throughput of 1,833 tpd. The company also achieved record gold-in-circuit (GIC) inventory of 1,706 ounces and significantly improved gold recovery to 84.6%. TRX Gold benefited from a record average gold price of $4,731 per ounce and remains on track to meet its full-year production guidance of 25,000 to 30,000 ounces. The company is also advancing its processing plant expansion, including a new 3,500 tpd SAG mill and upgrades to the existing 2,000 tpd plant, expected to be completed by calendar Q4 2026.
Key Highlights
- Q3 2026 gold production: 7,426 ounces, up 58% from Q3 2025.
- Record quarterly processing plant throughput: 1,833 tonnes per day, up 25% YoY.
- Year-to-date gold production: 21,476 ounces, on track for full-year guidance.
- Record gold-in-circuit (GIC) inventory: 1,706 ounces, up over 1,000 ounces from Q2 2026.
- Gold recovery improved to 84.6% in Q3 2026, up 18% from Q3 2025.
- Record average market gold price realized: approximately $4,731 per ounce, up 52% YoY.
- Advancing processing plant expansion with a new 3,500 tpd SAG mill and upgrades to existing 2,000 tpd plant.
Price Impact
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