Katoro Gold and LVG sign JV deal for Tanzanian gold project
LVG will earn up to 80% in the Imweru gold project while Katoro will own 20% as a carried interest.

LVG will earn up to 80% in the Imweru gold project while Katoro will own 20% as a carried interest.
Located in western Tanzania, the Kabanga project is expected to produce a nickel equivalent of 65,000tpa.
The new agreement will reduce Petra Diamonds’ share in the Williamson Diamond Mine from 75% to 63%.
Bulyanhulu will purchase a 100% stake in the six licences from Tembo Gold subsidiary MIPCCL.
The company secured the mining licence from the Tanzanian Ministry of Energy and Minerals.
Petra Diamonds has had its reputation as an ethical miner broken by a lawsuit showing human rights abuses at its…
ByThe decision comes after the Tanzanian Government granted a special mining licence for the Ngualla project.
The Lindi Jumbo project would produce 40,000tpa of graphite concentrate during its 24-year operational life.
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