Africa's gold mining sector gained significant traction in Q4 2025 as developers accelerated permitting, secured capital, and advanced toward production milestones across Ghana, Senegal, Mali, Guinea, and Zimbabwe, positioning the continent for a surge in output heading into 2026. South Africa opened its first new underground gold mine in 15 years this Dec, capitalizing on bullion's record-breaking rally as gold now [...]
Lake Victoria Gold Ltd. is pleased to announce additional analytical results from the ongoing 4,000-metre drill program at the fully permitted Imwelo Gold Project in northern Tanzania's Lake Victoria goldfield. Assays from nine new holes further confirm the down-dip continuation of the primary mineralized zone below the current pit design and, importantly, define extensions to both the west and east that had not been [...]
Lake Victoria Gold Ltd. is pleased to report the first analytical results from the ongoing 4,000 m drill program at the fully permitted Imwelo Gold Project, located in the Lake Victoria goldfield of northern Tanzania. Assays for the first five holes confirm down-dip extensions of the primary mineralized zone beneath the current open-pit design and highlight additional hanging-wall and footwall potential. The program [...]
Lake Victoria Gold Ltd. is pleased to provide an update on the Q3 2025 exploration activities conducted on the licenses LVG sold to Bulyanhulu Gold Mine Limited . Buly acquired six licences from LVG under an Asset Purchase Agreement signed in December 2021. Buly is a joint venture between Barrick Mining Corp. and the Government of Tanzania. During the quarter, Bulyanhulu advanced the exploration program through a number [...]
Lake Victoria Gold Ltd. is pleased to announce the mobilization of a second multipurpose drill rig to fast-track drilling at the Company's fully permitted Imwelo Gold Project in northwestern Tanzania. Following the successful completion of the first three drill holes of the planned twenty-four-hole, 4,000-metre program at the Area C zone, the first two holes have been submitted for assay, with results expected next week [...]
Gold prices held above $4,100 per oz through late Oct 2025, extending a year that has delivered over 25% gains since January and positioned the precious metal for its strongest annual performance since 1979. This sustained rally at elevated levels drove mining profit margins to unprecedented territory, with producers seeing margins effectively double as operational costs remain relatively stable while gold continues to [...]
Lake Victoria Gold Ltd. is pleased to provide an update on the Q2 2025 exploration activities conducted on the licenses LVG sold to Bulyanhulu Gold Mine Limited . Buly acquired six licences from LVG under an Asset Purchase Agreement in 2022. Buly is owned by Twiga Minerals Corporation, a joint venture between Barrick Mining Corp. and the Government of Tanzania. Exploration during Q2 2025 was focussed on testing with [...]
Recently, gold pulled back from record highs above $4,300, but the metal is resolutely holding above $4,100 per oz, a level that was ambitious just months ago. With production costs stable while gold prices have climbed over 30% YTD, mining equities are capturing accelerating profit margins that significantly outpace the metal's own gains. This dynamic is compelling urgent attention to near-term developers and producers [...]
Lake Victoria Gold Ltd. announces that in addition to the closing of the LIFE Private Placement announced on September 17, 2025, the Company is pleased to announce that it has now closed its non-brokered concurrent private placement through the issuance of 11,428,571 common shares of the Company at a price of $0.175 per Share, for gross proceeds to the Company of $2 million, to purchasers pursuant to applicable exemptions [...]
Gold's historic breach of $4,000 per ounce Tuesday marked the culmination of a remarkable year that has seen the precious metal gain approximately 50%-the strongest annual performance in more than four decades. The rally has triggered a powerful rotation into gold mining equities, with funds focused on miners delivering 114% returns year-to-date and drawing $5.4 billion in third-quarter inflows alone, the largest [...]
Lake Victoria Gold Ltd. is pleased to announce that drilling is underway on a 4,000-metre, multi-purpose program at the fully permitted Imwelo Gold Project in northwestern Tanzania. The first of approximately 24 planned holes has commenced at Area C, the location of the Company's planned initial open pit at Imwelo. The program integrates reverse-circulation pre-collars with diamond core tails to reduce cost and cycle time [...]
Gold climbed above $3,800 an oz for the first time Monday, setting a new record as safe-haven buying gained momentum amid expectations of additional U.S. rate cuts and worries over a possible government shutdown. Adjusted for inflation, the metal already set its first new peak since 1980 earlier this month. Deutsche Bank now projects gold could surpass $4,000 by year-end, which is representing a potential annual return of [...]
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