TRX Gold Smashes Production Targets with Record 2026 Output
TRX Gold delivered record quarterly and full-year gold production in 2026, exceeding its guidance range. In Q4 2026, the company produced 8,173 oz of gold, a 28% increase from the same period in 2025. For the year, TRX Gold achieved a record 29,650 oz, a 57% rise from 2025 and at the top end of its guidance range.
The higher production was accompanied by increased realized gold prices. In Q4 2026, the average market price was $4,233/oz, 26% above the same period in 2025. For the year, the company saw an average price of $4,386/oz, a 46% increase from 2025.
The news bodes well for TRX Gold's planned expansion and drilling-led growth at its Buckreef plant. The company is upgrading its existing processing capacity and finalizing contracts for a new 3,500 tpd SAG/Ball mill, which is expected to be completed in 12-18 months.