With Billionaire Capital Flowing into Gold, Gold Mining Stocks May Be Next in Line for Revaluation
Equity Insider News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, May 1, 2025 /PRNewswire/ -- Equity Insider News Commentary – For those paying attention to gold, experts have begun to weigh in on whether or not the precious metal will hit US$4,000 per ounce in 2025. Billionaire hedge fund manager John Paulson, who sees gold near $5,000 by 2028, has signaled that he's ready to reap the rewards from gold mining stocks in this current market, with approximately $840 million invested in the sector currently. Gold miners are on the move, with several recent developments coming out from such players as Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Melkior Resources Inc. (TSXV: MKR) (OTCPK: MKRIF), Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF), New Gold Inc. (NYSE-American: NGD) (TSX: NGD), and Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM).
The article continued: Following unchanged US Core Personal Consumption Expenditures (PCE) data, gold held its ground above US$3,300, despite some solid selling pressure. Analysts at Morning Star Equity Research continue to tout that the current high gold prices support gold miner stocks, citing that when most miners' share prices fell in the quarter in response to tariffs, gold miners rose.
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), an emerging East African gold developer, today announced that it's taken a major step forward at its flagship Tembo Project in Tanzania, signing a non-binding Letter of Intent with Nyati Resources to evaluate a potential small-scale gold development partnership.
"We are excited by the potential to leverage existing processing infrastructure and local ore sources to create a scalable gold production platform in Tanzania," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "This proposed partnership aligns with our strategy of unlocking near-term value while continuing to advance our core exploration assets."
The proposed joint venture would combine mineralized material from LVG's 100%-owned Mining Licences with Nyati's existing 120 tonnes-per-day processing facility and a second 500tpd plant currently under construction. A new special purpose vehicle (SPV) is contemplated as the operating entity, structured to accommodate Tanzania's 16% free carried interest requirement. The agreement also includes an exclusivity period of 60 days for due diligence and final negotiations.