Thor Explorations Ltd (LSE:THX) delivered a strong performance in the third quarter of 2025, reporting sharp gains in revenue, net profit, and gold output from the Segilola Gold Mine in Nigeria. The company continued to advance exploration across its broader portfolio, including active drilling at both Segilola and the Douta project, while recent strategic acquisitions have added depth to its resource base.
Alongside its operational progress, Thor highlighted improvements in sustainability metrics and ongoing community development efforts, reinforcing its commitment to responsible mining practices. Management also narrowed production and cost guidance for the full year, a move that reflects growing confidence in its operational execution and mine performance.
More about Thor Explorations
Thor Explorations Ltd is a West Africa–focused gold exploration and production company with operations spanning Nigeria, Senegal, and Côte d’Ivoire. Its flagship asset is the Segilola Gold Mine in Nigeria, supplemented by a pipeline of exploration projects aimed at expanding resources and supporting long-term growth through targeted drilling and strategic acquisitions.
Leave a Reply