VANCOUVER, BC, Sept. 16, 2026 /CNW/ -- Equity Insider News Commentary - Record gold prices have done something specific to the development end of this industry. They have removed the excuse. Projects that did not work at $2,000 an ounce work now, and the question has shifted from whether a deposit is economic to how quickly anyone can actually get to it. TRX Gold realised an average of roughly $4,386 per ounce across its 2026 fiscal year, 46% above the prior year, on a mine in the same Tanzanian greenstone belt where several developers are now queuing. What the price does not shorten is the queue itself, and the least glamorous item in it is land. Before a rig turns on a deposit in Tanzania, somebody has to run a statutory valuation and compensation process with a district council, and that process takes as long as it takes. Active Companies from around the markets with current developments this week include: Lake Victoria Gold Limited (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K), TRX Gold Corporation (NYSE American: TRX), IAMGOLD Corporation (NYSE: IAG), Centerra Gold Inc. (NYSE: CGAU), and SSR Mining Inc. (NASDAQ: SSRM).
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Gold Is Near Record Highs, The Slow Part Is Buying the Surface
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