TRX Gold achieved record results at its Buckreef Gold Mine in Tanzania for the quarter ended November 30, 2025, producing 6,597 ounces of gold and generating USD 25.1 million in revenue. Plant upgrades and exploration support further growth.
During the quarter, the mine poured 6,597 ounces of gold and sold 6,492 ounces at an average realized price of USD 3,860 per ounce. This generated revenue of USD 25.1 million, gross profit of USD 14.2 million (57% margin), EBITDA of USD 13.2 million (53% margin) and adjusted net income of USD 7.7 million.
Operating cash flow reached USD 4.0 million. These results reflect strong leverage to record gold prices during the quarter. The company also advanced major operational developments. Work on expanding the processing plant is ongoing, with a new facility capable of handling 3,000+ tonnes per day of sulphide material and 1,000 tonnes per day of oxide and transition material, including tailings retreatment. Upgrades to the existing 2,000 tpd plant are progressing, with installation of key components such as the pre-leach thickener, upgraded agitators, interstage screens, Aachen reactor, oxygen plant, ADR plant, gold room, apron feeder, and belt magnet.
Read more at: https://www.tanzaniainvest.com/mining/trx-buckreef-gold-mine-production-quarter-ending-november-2025
