TRX Gold Crushes Q4 Production Record With 28% YoY Surge
TRX Gold Corporation (TSX: TRX) (NYSE: TRX) announced a record quarterly gold production of 8,173 ounces in Q4 2026, surpassing its prior year period by 28%. This significant increase is attributed to continued upgrades to the existing 2,000 tonnes per day (tpd) processing plant at the Buckreef Gold Project in Tanzania.
The company's operational efficiency improvements have led to enhanced plant reliability, throughput, and gold recovery rates. The average gold price rose 26% YoY in Q4 to $4,233/oz and 46% for the full year to $4,386/oz, contributing to the revenue growth.
TRX Gold is advancing a significant expansion of its processing capacity with the execution of contracts for a new 3,500 tpd Semi Autogenous Grind (SAG) / Ball mill combination. The expanded facility will operate alongside the upgraded 2,000 tpd plant, providing combined capacity well beyond the 3,000 tpd assumed in the Preliminary Economic Assessment (PEA).