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TG Metals Advances Near-Term Gold Cashflow with Medallion Ore Processing Deal
8:44am on Wednesday 22nd of July, 2026 AEST
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Mining
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TG Metals Advances Near-Term Gold Cashflow with Medallion Ore Processing Deal
8:44am on Wednesday 22nd of July, 2026 AEST
Key Points
Non-binding Ore Processing and Profit Share agreement signed with Medallion Metals
Medallion to transport and process 60,000 tonnes of Van Uden gold stockpiles
Operating costs recovered first; remaining pre-tax profits shared 50:50
Approvals in place for stockpile removal enabling prompt processing start
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TG Metals (ASX:TG6)
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