Gold Miners See Renewed Momentum as Precious Metal Hits New Highs
Gold prices are setting new records with analysts predicting a 'once-in-a-generation' bull run for mining stocks. Gold analyst Don Durrett projects gold could reach $4,000 per ounce, while major banks like UBS and Deutsche Bank forecast $3,500 and $3,700 respectively.
Lake Victoria Gold is advancing its Tembo Project in Tanzania's Lake Victoria Goldfield, adjacent to Barrick's Bulyanhulu Mine. The company recently secured four Mining Licenses valid for 10 years and completed the acquisition of the Imwelo Mining License. They've secured a potential gold prepay agreement for 7,000 ounces with Monetary Metals and received a C$3.52 million investment from TAIFA Group at C$0.22 per share.
The company has invested US$28 million in historical exploration at Tembo, including over 50,000 meters of drilling, identifying several high-grade zones. A previous deal with Barrick for six non-core licenses included $6 million upfront and up to $45 million in contingent payments.
I prezzi dell'oro stanno raggiungendo nuovi massimi storici, con gli analisti che prevedono un rialzo "una volta ogni generazione" per le azioni minerarie. L'analista dell'oro Don Durrett prevede che il prezzo dell'oro potrebbe arrivare a 4.000 dollari per oncia, mentre grandi banche come UBS e Deutsche Bank stimano rispettivamente 3.500 e 3.700 dollari.
Lake Victoria Gold sta portando avanti il suo Progetto Tembo nel giacimento aurifero del Lago Victoria in Tanzania, vicino alla miniera Bulyanhulu di Barrick. L'azienda ha recentemente ottenuto quattro licenze minerarie valide per 10 anni e ha completato l'acquisizione della licenza mineraria Imwelo. Ha inoltre assicurato un accordo di prepagamento per 7.000 once d'oro con Monetary Metals e ricevuto un investimento di 3,52 milioni di dollari canadesi dal gruppo TAIFA a 0,22 dollari canadesi per azione.
L'azienda ha investito 28 milioni di dollari statunitensi in esplorazioni storiche a Tembo, con oltre 50.000 metri di perforazioni che hanno identificato diverse zone ad alta concentrazione. Un accordo precedente con Barrick per sei licenze non strategiche prevedeva 6 milioni di dollari anticipati e fino a 45 milioni di dollari in pagamenti condizionati.
Los precios del oro están alcanzando nuevos récords, con analistas que pronostican una subida "única en una generación" para las acciones mineras. El analista de oro Don Durrett proyecta que el oro podría llegar a 4,000 dólares por onza, mientras que bancos importantes como UBS y Deutsche Bank pronostican 3,500 y 3,700 dólares respectivamente.
Lake Victoria Gold está avanzando en su Proyecto Tembo en el yacimiento aurífero del Lago Victoria en Tanzania, junto a la mina Bulyanhulu de Barrick. La compañía ha asegurado recientemente cuatro licencias mineras válidas por 10 años y completó la adquisición de la licencia minera Imwelo. También ha conseguido un acuerdo de prepago para 7,000 onzas de oro con Monetary Metals y recibió una inversión de 3,52 millones de dólares canadienses del grupo TAIFA a 0,22 dólares canadienses por acción.
La empresa ha invertido 28 millones de dólares estadounidenses en exploración histórica en Tembo, incluyendo más de 50,000 metros de perforación, identificando varias zonas de alta ley. Un acuerdo previo con Barrick para seis licencias no esenciales incluía 6 millones de dólares por adelantado y hasta 45 millones en pagos contingentes.
금 가격이 새로운 기록을 세우고 있으며, 분석가들은 광산주에 대해 '한 세대에 한 번 있는' 강세장을 예측하고 있습니다. 금 분석가 돈 더렛은 금 가격이 온스당 4,000달러에 이를 수 있다고 전망하는 반면, UBS와 도이치뱅크 같은 주요 은행들은 각각 3,500달러와 3,700달러를 예상하고 있습니다.
레이크 빅토리아 골드는 탄자니아 레이크 빅토리아 금광 지역에 위치한 템보 프로젝트를 진행 중이며, 이곳은 배릭의 불얀훌루 광산 인근에 있습니다. 회사는 최근 10년간 유효한 4개의 광산 허가를 확보했으며, 임웰로 광산 허가 취득도 완료했습니다. 또한 Monetary Metals와 7,000온스 금 선지급 계약을 체결했고, TAIFA 그룹으로부터 주당 0.22 캐나다 달러에 352만 캐나다 달러 투자를 받았습니다.
회사는 템보에서 역사적 탐사에 미화 2,800만 달러를 투자했으며, 5만 미터 이상의 시추를 통해 여러 고품위 구역을 확인했습니다. 배릭과 체결한 이전 계약에서는 6개의 비핵심 광산 허가에 대해 선지급금 600만 달러와 최대 4,500만 달러의 조건부 지급이 포함되어 있었습니다.
Les prix de l'or battent de nouveaux records, les analystes prévoyant une hausse "unique en une génération" pour les actions minières. L'analyste en or Don Durrett projette que le prix de l'or pourrait atteindre 4 000 dollars l'once, tandis que des grandes banques comme UBS et Deutsche Bank prévoient respectivement 3 500 et 3 700 dollars.
Lake Victoria Gold fait avancer son projet Tembo dans le gisement aurifère du lac Victoria en Tanzanie, à proximité de la mine Bulyanhulu de Barrick. La société a récemment obtenu quatre licences minières valides pour 10 ans et finalisé l'acquisition de la licence minière Imwelo. Elle a sécurisé un accord de prépaiement pour 7 000 onces d'or avec Monetary Metals et reçu un investissement de 3,52 millions de dollars canadiens du groupe TAIFA à 0,22 dollar canadien par action.
La société a investi 28 millions de dollars américains dans l'exploration historique à Tembo, incluant plus de 50 000 mètres de forage, identifiant plusieurs zones à haute teneur. Un accord précédent avec Barrick pour six licences non stratégiques comprenait 6 millions de dollars en avance et jusqu'à 45 millions de dollars en paiements conditionnels.
Goldpreise erreichen neue Rekordhöhen, wobei Analysten eine "einmalige" Hausse für Bergbauaktien prognostizieren. Der Goldanalyst Don Durrett erwartet, dass Gold 4.000 US-Dollar pro Unze erreichen könnte, während große Banken wie UBS und Deutsche Bank 3.500 bzw. 3.700 US-Dollar vorhersagen.
Lake Victoria Gold treibt sein Tembo-Projekt im Goldfeld des Viktoriasees in Tansania voran, angrenzend an die Bulyanhulu-Mine von Barrick. Das Unternehmen hat kürzlich vier Bergbaulizenzen mit einer Laufzeit von 10 Jahren erhalten und den Erwerb der Imwelo-Bergbaulizenz abgeschlossen. Zudem wurde eine potenzielle Gold-Vorauszahlungsvereinbarung über 7.000 Unzen mit Monetary Metals gesichert und eine Investition von 3,52 Millionen kanadischen Dollar von der TAIFA-Gruppe zu 0,22 CAD pro Aktie erhalten.
Das Unternehmen hat 28 Millionen US-Dollar in historische Explorationen bei Tembo investiert, darunter über 50.000 Meter Bohrungen, die mehrere hochgradige Zonen identifizierten. Ein früherer Vertrag mit Barrick über sechs nicht strategische Lizenzen beinhaltete eine Vorauszahlung von 6 Millionen US-Dollar und bis zu 45 Millionen US-Dollar an bedingten Zahlungen.
- Secured four Mining Licenses for Tembo Project valid for 10 years
- Potential gold prepay agreement worth ~$23 million at current gold prices
- Received C$3.52 million strategic investment from TAIFA Group
- Potential for up to $45 million in contingent payments from Barrick deal
- Multiple high-grade zones identified through extensive drilling
- Early-stage development with no current production
- Requires significant capital for development
- Subject to mining operational risks in Tanzania
Equity Insider News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
Gold mining stocks have been steadily gaining ground alongside the precious metal's historic run. While large-cap miners have seen their stock prices pop off, several junior exploration companies are also making headlines with encouraging drill results that can offer amplified exposure to rising gold prices.
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) is quietly progressing one of
The company's highly promising Tembo Project sits next to Barrick's massive Bulyanhulu Mine in
"We believe Tembo represents a rare opportunity to define a new gold camp in one of
Importantly, in March 2025, Lake Victoria Gold completed the conversion of its Prospecting License at Tembo into four Mining Licenses—a significant de-risking milestone that grants the company the legal right to mine for the next 10 years, with renewal options. This breakthrough clears the way for development planning and potential fast-tracking of shallow, high-grade zones into potentially early-stage production scenarios.
"The approval of our Mining Licenses is a pivotal step forward for the Tembo Project," said Marc Cernovitch, President & CEO of Lake Victoria Gold. "We have always believed in the district-scale potential of this asset. With tenure now secured for the next 10 years, we can focus on evaluating the most efficient development options to unlock maximum shareholder value."
While Tembo may carry the long-term potential, the Imwelo Project may be first to cross the production line. In February, Lake Victoria Gold completed its acquisition of the Imwelo Mining License, a key step that brought the project under full control and opens the door to near-term production planning.
The Imwelo Project has already received Tanzanian Mining Commission approval as a mining operation and is positioned to serve as LVG's potential near-term production asset. Production from Imwelo could generate early cash flow while the company ramps up Tembo for larger-scale development.
In parallel, LVG has been building out financial and strategic flexibility. In late 2024, the company signed a non-binding gold prepay term sheet for up to 7,000 ounces with Monetary Metals—a US based gold bank. Once all conditions precedent are met this gold loan could assist in financing construction costs. Based on this week's
Back when it acquired Imwelo, the deal came with a three-tranche investment option to invest further with TAIFA Group, headed by one of
Through the TAIFA connection, LVG added Richard Reynolds, former CEO of Taifa Mining, to its board of directors, strengthening ties with regional stakeholders and adding operational depth at the board level.
Further upside may still come from the company's 2021 deal with Barrick. In that transaction, LVG sold six non-core licenses adjacent to Tembo for
Between a fast-tracked path to first gold at Imwelo, district-scale upside at Tembo, and a Barrick-adjacent land package still generating potential, Lake Victoria Gold has positioned itself as one of the more interesting junior gold developers operating in
CONTINUED… Read this and more news for Lake Victoria Gold at:
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In other industry developments and happenings in the market include:
TRX Gold Corporation (NYSE-American: TRX) (TSX: TRX) recently reported Q2 2025 revenue of
"The past couple of years have set the foundation for continued growth at Buckreef Gold," said Stephen Mullowney, CEO of TRX. "We have significantly de-risked Buckreef Gold's operations, building production capacity on-time and on-budget… This is exciting, stay tuned!"
TRX has unveiled strong drill results at the emerging Stamford Bridge Zone and is preparing a new growth-focused business plan for the Buckreef Project. With a larger-scale mine study expected later this year, the company is positioning itself for significant operational and resource upside.
Orezone Gold Corporation (TSX: ORE) (OTCQX: ORZCF) recently reported it produced 28,688 ounces of gold in Q1-2025 and generated
"Q1 was another solid operating quarter at Bomboré, with slightly lower than planned gold ounces produced as a result of re-scheduled mill maintenance," said Patrick Downey, President and CEO of Orezone. "Mined tonnage was ahead of plan for the quarter, which keeps the Company well-positioned to achieve its 2025 production guidance of 115,000-130,000 ounces."
Torex Gold Resources Inc. (TSX: TXG) (OTCPK: TORXF) recently reported that it produced 58,330 ounces of gold in Q1 2025 and sold 59,756 ounces, despite a scheduled four-week plant tie-in that temporarily reduced output. With those upgrades complete and concentrate shipments underway, the company expects a material production increase in Q2 and remains on track to meet full-year guidance of 400,000 to 450,000 gold equivalent ounces.
"A number of significant milestones were achieved during Q1 2025, and we are incredibly proud of these accomplishments," said Jody Kuzenko, President and CEO of Torex. "With many of the key transition risks now behind us, we remain on track to achieve payable production at our guided range of 400,000 to 450,000 oz AuEq."
As mining rates ramp up at the Media Luna and ELG underground zones, Torex is entering a growth phase with free cash flow expected to resume shortly.
i-80 Gold Corp. (TSX: IAU) (NYSE: IAUX) recently reported it's advancing its position as a major
The company is also finalizing its transition to
Article Source: https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/
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FAQ
What is the gold price target predicted by analyst Don Durrett for the upcoming bull run?
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How much historical exploration investment has been made in the Tembo Project?
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What is the duration of the new Mining Licenses obtained for the Tembo Project?
