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Africa Emerges as Gold's Next Supply Engine Amid Record Prices and Development Wave

Newswire.ca - Mon Dec 15, 2025

Issued on behalf of Lake Victoria Gold Ltd.

VANCOUVER, BC, Dec. 15, 2025 /CNW/ -- USA News GroupNews Commentary – Africa's gold mining sector gained significant traction in Q4 2025 as developers accelerated permitting, secured capital, and advanced toward production milestones across Ghana, Senegal, Mali, Guinea, and Zimbabwe, positioning the continent for a surge in output heading into 2026[1]. South Africa opened its first new underground gold mine in 15 years this December, capitalizing on bullion's record-breaking rally as gold now hovers around $4,300 per ounce[2]. From high-grade discoveries to processing plant commissioning and resource expansions, activity is accelerating across multiple African jurisdictions, with notable momentum building around Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Allied Gold Corporation (NYSE: AAUC) (TSX: AAUC), Montage Gold Corp. (TSX: MAU) (OTCQX: MAUTF), Galiano Gold Inc. (NYSE-A: GAU) (TSX: GAU), and Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF).

Read more at newswire.ca

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