MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine
  • Home
  • Video
  • $80 million secured: Theta Gold’s countdown to production 
02 January 2026
WRITTEN BY Shae Russell

$80 million secured: Theta Gold’s countdown to production 

Join us as we speak with Bill Guy, Executive Chairman at Theta Gold Mines (ASX:TGM), to explore the latest updates on the TGME Gold Mine in South Africa and discuss how the company has secured funding, reduced dilution risk, and moved firmly into near-term producer territory.

Key topics discussed:

  • $80 million non-binding funding agreement: Structured in two tranches, fully covering peak capex requirements
  • Low-capex brownfields development: Existing infrastructure helping keep the project on time and on budget
  • Production timeline: Plant commissioning targeted for Q4 2026, with full production expected in Q1 2027

About the guest and company:
Bill Guy brings extensive mining and development experience to Theta Gold Mines, a gold exploration and development company focused on advancing brownfields assets in South Africa. Theta’s flagship TGME Gold Mine hosts a 6 million ounce underground gold resource and is progressing toward production with strong community support, existing infrastructure, and a clear funding pathway.

Watch the full interview to gain insights into Theta’s production timeline.

Add to Watch List:
Author Image
Written By Shae Russell
Shae has been an equities analyst with a focus on investment writing for 15 years; the last eight of which has centred on the domestic and international mining sector. She’s now bringing this expertise to enhance and strengthen Mining.com.au‘s role as Australia’s leading source of mining news.

Related Videos

Cobra’s Shadow Rose copper hits put Manna...

Join us as we speak with Rupert Verco, managing director of Cobra Resources...

  • 14 November 2026

Could GoldInxs uncover British Columbia’s next big...

Join us as we speak with Darcy Vis, vice president of exploration at...

  • 13 November 2026

Is zinc the next big opportunity for...

Join us as we speak with Donald Garner, managing director of Iltani Resources...

  • 13 November 2026
subscribe icon

Stay Informed on up-to-the-minute mining news

Get the best articles delivered straight to your inbox
Name

Special Features

two men in mining trench

Jacaranda: Listed and drilling

This article is a sponsored feature from Mining.com.au partner Jacaranda Natural Resources. It is not financial advice. Talk to a registered financial adviser before making investment decisions. Most companies celebrate listing on the Australian Securities Exchange with a photograph, a few handshakes, and perhaps a well-earned glass of champagne. Jacaranda Natural Resources (ASX:JRL) had something else on its mind. Drilling....

13 November 2026 | By Kate Ryan
Exploration - Colonial Coal

Colonial Coal eyes infrastructure-led steel demand

This article is a sponsored feature from Mining.com.au partner Colonial Coal International. It is not financial advice. Talk to a registered financial adviser before making investment decisions. Renewables are reshaping thermal coal demand, but coking coal remains essential to steelmaking and infrastructure. Colonial Coal International (TSX-V:CAD) is positioned squarely in that market, with its Huguenot and Flatbed projects in British...

13 November 2026 | By Bruno Venditti
mine in the middle of nowhere

Coda Minerals: The art of turning copper into a mine

This article is a sponsored feature from Mining.com.au partner Coda Minerals. It is not financial advice. Talk to a registered financial adviser before making investment decisions. Building a copper mine is a bit like tackling an enormous escape room. Solve one puzzle and another piece of the bigger picture falls into place. Each breakthrough brings you closer to the ultimate...

12 November 2026 | By Kate Ryan
bird's-eye image of site

Skylark went looking for gold — it found scale

This article is a sponsored feature from Mining.com.au partner Skylark Minerals. It is not financial advice. Talk to a registered financial expert before making investment decisions. For nine months, Skylark Minerals (ASX:SKM) shopped for gold. Not in the bargain bin, but in places where a good project still has room to grow. The company scouted West Africa, Canada, the Americas,...

12 November 2026 | By Kate Ryan

First Graphene takes graphene mainstream

This article is a sponsored feature from Mining.com.au partner First Graphene. It is not financial advice. Talk to a registered financial expert before making investment decisions. From stronger concrete and longer-lasting industrial components to advanced composites and next-generation footwear, graphene is increasingly finding its way into commercial products. First Graphene (ASX:FGR) is among a small group of companies working to...

09 November 2026 | By Amy Rotman