Theta Gold Mines Secures Contracts for South Africa Project

MT Newswires Live

03/04

Theta Gold Mines (ASX:TGM) secured contracts with PICM and RM Process for the delivery of structural, mechanical, platework, and piping services at the TGME project in South Africa, according to a Wednesday filing with the Australian bourse.

The project will utilize a modular construction strategy, with PICM leading the fabrication and installation of critical infrastructure, and RM Process serving as the owners' engineers, the filing said.

Mobilization of resources is underway for the second-phase construction, per the filing.

Theta Gold Mines shares fell 2% in midday trade on Wednesday.

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