Quarterly ResultSep 14, 2026, 06:32 AM
TRX Gold Reports Record Q4 Production; Added to Junior Gold Miners Index
AI Summary
TRX Gold reported record Q4 and full-year 2026 gold production, achieving the top end of its guidance. The company benefited from significantly higher gold prices and ongoing process plant upgrades that improved throughput and recovery. Expansion of the processing plant to a 3,500 tpd SAG/Ball mill circuit is progressing, with completion expected in 12-18 months, aiming to significantly increase future production capacity. Additionally, TRX Gold has been added to the MVIS® Global Junior Gold Miners Index, a milestone expected to attract institutional investment and increase liquidity.
Key Highlights
- TRX Gold achieved record Q4 2026 gold production of 8,173 ounces, up 28% YoY.
- Full-year 2026 gold production reached a record 29,650 ounces, up 57% YoY, meeting top-end guidance.
- Average Q4 2026 gold price realization was approximately $4,233/oz, a 26% increase YoY.
- Full-year 2026 average gold price realization was approximately $4,386/oz, a 46% increase YoY.
- Process plant upgrades are boosting throughput, recovery, and production.
- Expansion to 3,500 tpd SAG/Ball mill circuit is underway, expected completion in 12-18 months.
- Exploration drilling capacity is significantly increasing with new drill rigs.
- TRX Gold added to the MVIS® Global Junior Gold Miners Index (MVGDXJ).
Price Impact
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