THETA GOLD MNS LTD Aktie

Theta Gold Mines Ltd (ASX:TGM) will extend the Definitive Feasibility Study (DFS) for the TGME Underground Project in South Africa by incorporating the Rietfontein Mine. This follows encouraging progress with the Rietfontein Mine Pre-Feasibility Study (PFS) which provides the company with adequate confidence to add it to the DFS. » Mehr auf companies

Theta Gold Mines Ltd (ASX:TGM) has flagged an off-market takeover bid for West Aussie gold explorer Focus Minerals Ltd (ASX:FML). Under the takeover, which can only become reality if Focus drops an entitlement offer, Theta proposes to issue two TGM shares for every Focus security held, implying an A$0.36-cent-per-share value. » Mehr auf companies

Theta Gold Mines Ltd (ASX:TGM) has passed a key milestone with the successful completion of trial mining at its TGME Gold Project in South Africa, which it describes as a "critical de-risking event". Trial mining confirms that long hole mechanised mining and 15-metre-long mining panels are suitable to mine the narrow gold reef system (0.60-6.0 metres) present across the TGME goldfields. » Mehr auf companies