Katoro Gold seals sale of Imweru project in Tanzania

Writer,

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Mining group Katoro Gold said it had completed the sale of its Imweru gold project in Tanzania to Lake Victoria Gold.

The asset was sold for a total staged consideration of $1m and a 1.5% net smelter royalty on all future gold production.

At 1:08pm: (LON:KAT) Katoro Gold Mining Plc share price was -0.05p at 1.85p