ASX-listed Theta Gold Mines has announced a significant milestone at its flagship TGME Gold Project in South Africa, executing a manufacturing contract for a crushing and screening plant with NMS Africa, a critical step toward first gold and early cashflows.
The contract covers the manufacture of a three-stage crushing and screening plant designed to meet initial production requirements, while allowing for future expansion as the project scales. The plant includes ore feed, primary, secondary and tertiary crushing, plus screening circuits. With a 125-day delivery lead time, this long-lead item is now locked in, further reducing execution risk and keeping the TGME Gold Project on track for commissioning in Q4 2026.
TGM management concluded vendor inspections with NMS and process engineers ahead of contract award.
Comments by Theta Gold Chairman, Bill Guy: “The company is excited to have signed the supply contract with NMS South Africa to supply a critical part of the long-lead item of equipment for the TGME Gold Mine Project. MNS South Africa is based in Johannesburg, four hours via road to TGME Gold Project.”
“The secondary and tertiary crushing and screening equipment form part of the ore feed equipment for the plant. With only a 125- day delivery timetable, the equipment will be fabricated and delivered to site just-in-time for its installation.
“All continuing construction activities at the site are progressing on budget. The TGME Gold Plant is still on track for commissioning Q4 2026 with first gold being poured Q1 2027.”