Issued on behalf of Lake Victoria Gold Ltd.
USANewsGroup.com News Commentary
VANCOUVER, BC, April 2, 2026 /CNW/ -- The world's gold mines produced a record 3,672 tonnes last year, but that number is misleading. Growth came in at just 1%, and the World Gold Council now warns that output may be approaching a near-term plateau as existing reserves deplete faster than new deposits are found[1]. The discovery pipeline has thinned. Permitting timelines have stretched. And the mines that built this industry's supply base are getting older every quarter. That scarcity backdrop is reshaping where capital flows, with institutional investors, development banks, and sovereign funds pivoting hard toward execution-ready projects in Africa and South America rather than parking money in early-stage exploration[2]. Five companies have positioned themselves squarely in that capital corridor: Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF), Montage Gold (TSX: MAU) (OTCQX: MAUTF), G Mining Ventures (TSX: GMIN) (OTCQX: GMINF), i-80 Gold (NYSE-A: IAUX) (TSX: IAU), and Omai Gold Mines (TSXV: OMG) (OTCQB: OMGGF).
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