Oil, gas and mining

Theta Gold signs MoU with PowerChina subsidiary to build stage 1 gold plant



Theta Gold Mines Ltd (ASX:TGM) chairman Bill Guy sits down with Jonathan Jackson to discuss the recent MoU with Yellow River, a subsidiary of Power Construction Corporation of China, to build the stage-one TGME Gold Plant (estimated at 45,000 tonnes/month RoM capacity) in South Africa including its tailings storage facility and wastewater dams. Guy talks us through the details of the MoU, the upcoming completion of the Engineering, Procurement and Construction Contract, the potential to shorten the length of time to build the plant from 18 months to 15 months and early cash opportunities.
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