Business
A Fully Permitted Gold Project in Tanzania Is Quietly Building the Team to Actually Mine It
A Fully Permitted Gold Project in Tanzania Is Quietly Building the Team to Actually Mine It ...

About this update from Lake Victoria Gold Ltd
A Fully Permitted Gold Project in Tanzania Is Quietly Building the Team to Actually Mine It A Fully Permitted Gold Project in Tanzania Is Quietly Building the Team to Actually Mine It /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } PR Newswire Issued on behalf of Lake Victoria Gold Ltd.With gold near record highs and Barrick already on its share register, a junior developer is making the unglamorous hires that separate companies that talk about production from those that reach it.VANCOUVER, BC, June 17, 2026 /PRNewswire/ -- USA News Group News Commentary — In junior mining, the gap between a permit and a producing mine is where dreams go to die. Plenty of companies secure a deposit, a study, even a permit — and then stall for years, undone not by geology but by execution: the financing, the procurement, the in-country relationships, and the unglamorous administrative machinery required to actually build and run a mine. So when a developer stops talking about its rocks for a moment and starts hiring the finance and compliance people who run real operations, it is worth paying attention. That is precisely the signal Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) sent this week as it builds toward construction at its fully permitted gold project in Tanzania. Companies mentioned: Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF), TRX Gold Corporation (NYSE American: TRX) (TSX: TRX), AngloGold Ashanti plc (NYSE: AU), Montage Gold Corp. (TSX: MAU) (OTCQX: MAUTF), Galiano Gold Inc. (NYSE American: GAU) (TSX: GAU)On June 17, 2026, Lake Victoria Gold announced it had strengthened its in-country leadership team in Tanzania, appointing Joseph Ntiga as Acting Chief Financial Officer, Tanzania, and Cosmas Tungaraza as Compliance Officer, as the Company advances its fully permitted Imwelo Gold Project toward construction and production. The appointments — adding experienced Tanzanian finance, regulatory, compliance, and local-content capacity — are the kind of move that rarely makes headlines but often makes the difference between a project that gets built and one that does not. They mark, in the Company's framing, a trans...
View stock analysis, news, and events for Lake Victoria Gold Ltd