MINING REFINING

Tuvatu gold mine strikes gold in revenue generation

Thu Jan 16 2025

Lion One Metals that operates the Tuvatu Gold Mine made a revenue of approximately $29 million during the three-month period ending December 31^st, 2024. 2024 was the first calendar year of production at Tuvatu.

“2024 was a pivotal year for Lion One Metals as we brought the Tuvatu mine in Fiji into production at the pilot plant level,” said Lion One Chairman and CEO Walter Berukoff. “We are delighted to have achieved consecutive increases in production every quarter throughout 2024.” “As we continue to develop the mine and unlock the higher-grade portions of the deposit, we look forward to continuing this trend of increased production at Tuvatu.”

Source: https://www.fijitimes.com.fj/