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Stock impact report

Lake Victoria Gold Provides a General Corporate Update [Yahoo! Finance]

Barrick Gold Corporation (BC) (GOLD) 
Last barrick gold corporation (bc) earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: randgoldresources.com
Company Research Source: Yahoo! Finance
Imwelo Property Update The recent Fair Competition Commission approval for the acquisition of the Imwelo Mining License (" ML ") represents an important regulatory milestone, moving the project closer to the transfer of the ML. Concurrently, the Tanzania Revenue Authority is in the process of assessing the capital gains tax due on this transaction, with a decision expected shortly. This tax assessment and payment is crucial as it represents the final hurdle before the official transfer of the ML. The completion of final engineering and the transfer of the ML triggers the second tranche of investment from TAIFA Group. The Company is in advanced negotiations with a number of other debt and equity groups in order to fully fund the development of Imwelo. The project has made significant progress since final detailed engineering design began in November 2023. With the commencement of preparatory earthworks and infrastructure development, the project is moving forward as planned. The c Show less Read more
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