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Theta Gold Secures US$35m Loan to Power TGME Underground Project
9:12am on Tuesday 10th of June, 2025 AEST
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Mining
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Theta Gold Secures US$35m Loan to Power TGME Underground Project
9:12am on Tuesday 10th of June, 2025 AEST
Key Points
US$35 million loan facility approved by South Africa’s IDC
7-year debt term with 18-month capital and interest moratorium
Renewal of mining rights for Beta, CDM, and Frankfort mines until 2038
Updated Definitive Feasibility Study expected in Q3 2025
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