Lake Victoria Gold is set to begin the phase three land valuation and compensation programme at the Imwelo Gold Project, part of its efforts to facilitate future construction at the Tanzanian site.
The company announced that its fully owned subsidiary, Tembo Gold (T), will start the process on 1 August 2026 at the Imwelo A Hamlet in the Chato District of the Geita Region.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
This upcoming phase covers roughly 73 acres, supporting the continued expansion of the Imwelo site.
The additional land will be used for accommodation camps, workshop facilities and to support mine infrastructure.
Lake Victoria Gold expects around 60 ‘project affected persons’ to participate in the process.
The first phase, completed in 2019, covered 268 acres, while the second in 2023 covered 185 acres.
If phase three is completed as planned, the total land area secured for the project will reach approximately 526 acres.
According to Lake Victoria Gold, the commencement of the new programme has received approval from Chato District authorities.
Qualified government valuers at both district and regional levels will conduct the valuation according to Tanzanian laws on land and compensation.
The process will take place with input from representatives of Chato District Council, the District Commissioner’s Office, Imwelo Village, Buselesele Ward and other authorities.
The land programme is part of broader site preparations intended to support workforce needs and maintenance activities as the Imwelo project moves towards its construction phase.
Lake Victoria president and CEO Marc Cernovitch said: “Phase three reflects the steady, disciplined execution required to move Imwelo from a fully permitted project into construction and production.
“Our previous land programmes have established a strong foundation of trust with the community and local authorities, and we intend to maintain that standard as development advances.
“Responsible engagement is not separate from successful mine development, it is fundamental to building a durable operation in Tanzania.”
