Lake Victoria Gold – Embarking on the journey to gold production
At the biggest mining convention in the world, the PDAC 2024 in Toronto, we wer able to talk to Simon Benstead, CFO and Executive Chairman of emerging gold producer Lake Victoria Gold (formerly Tembo Gold).
Not only did Simon tell us about the – rapidly shortening – path to production at the Imwelo project in Tanzania, but also the company’s relationship to industry behemoth Barrick Gold in the country anf future plans for consolidation in the area.
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According to §34b WpHG and §48f Abs. 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH and/or partners, clients or employees of GOLDINVEST Consulting GmbH hold shares in Lake Victoria Gold and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time. In addition, there is a contractual relationship between Lake Victoria Gold and GOLDINVEST Consulting GmbH, which involves GOLDINVEST Consulting GmbH reporting on Lake Victoria Gold. This is another clear conflict of interest.
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