Lake Victoria Gold Project Achieves 97% Recovery Rate
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 18 2026
0mins
Source: PRnewswire
- Structural Shift in Gold Demand: Over the past nine months, gold ETFs have seen significant capital inflows, pushing total assets to historic highs, indicating a sustained market demand for safe-haven assets that could influence future gold price trends.
- Imwelo Project Progress: Lake Victoria Gold's metallurgical testing at the Imwelo Project in Tanzania confirms a gold recovery rate of up to 97%, meaning almost no gold is lost during processing, significantly enhancing the project's economics and production feasibility.
- Ore Processing Advantages: The test results indicate that Imwelo's mineralization is largely free-milling, with 84% of gold directly cyanide-leachable and a recoverable gold component of 42-47% through gravity methods, reducing production costs and operational risks, thereby increasing the project's attractiveness.
- Regional Mineral Potential: Located in Tanzania's Lake Victoria Goldfield, the Imwelo project's metallurgical results are highly consistent with earlier tests from 2013, 2014, and 2017, further reducing processing risks and providing a strong technical foundation for final plant design.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CDE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CDE
Wall Street analysts forecast CDE stock price to rise
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 16.090
Low
16.00
Averages
21.86
High
25.00
Current: 16.090
Low
16.00
Averages
21.86
High
25.00
About CDE
Coeur Mining, Inc. is a diversified precious metals producer with seven operations: the New Afton gold-copper mine in British Columbia, Canada, the Rainy River gold-silver mine in Ontario, Canada, the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver mine in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, it owns the Silvertip polymetallic critical minerals' exploration project in British Columbia, Canada. The New Afton is an underground gold and copper mine located seven miles from Kamloops, British Columbia. Rainy River is an open-pit gold mine mid-transition to underground operations 40 miles northwest of Fort Frances, Ontario. The Las Chispas Operation is located approximately 220 kilometers (km) northeast of Hermosillo, Sonora, Mexico. The Palmarejo complex consists of the Palmarejo processing facility, and other nearby deposits and exploration targets.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Index Inclusion Milestone: Coeur Mining will officially join the S&P MidCap 400 Index on June 22, 2026, marking a significant milestone in the company's growth and transformation into the only all-North American senior precious metals producer, enhancing its market recognition.
- Growth Driven by Acquisitions: This inclusion reflects the success of Coeur's recent acquisitions, strengthening its position as a leading global silver producer while demonstrating the company's commitment to portfolio development through investments in exploration and mine expansions.
- Benchmark for Investor Attention: The S&P MidCap 400 Index serves as a widely followed benchmark for institutional investors and index funds, and Coeur's addition will increase its market exposure, attracting more investor interest in its stock performance.
- Diversified Operational Advantage: Coeur operates seven wholly-owned mines in North America, including the New Afton gold-copper mine and Rainy River gold-silver mine in Canada, as well as the Las Chispas silver-gold mine in Mexico, showcasing its diversification and growth potential in the precious metals sector.
See More
- Significant Stock Decline: BellRing Brands' shares plummeted nearly 10% during Monday's trading session, closing at $7.90, indicating investor concerns regarding its removal from the S&P MidCap 400 index and reflecting worries about the company's future performance.
- Index Adjustment Impact: S&P Global announced that BellRing will be replaced in the S&P MidCap 400 index by new entrants like Roku, with the adjustment aimed at ensuring the index better represents market capitalization ranges; while such changes typically have little impact on fundamentals, they highlight BellRing's recent market struggles.
- Reduced Market Capitalization: BellRing's market cap has shrunk to $1 billion, underscoring its challenges in the competitive protein products market, which may erode investor confidence in its growth potential and lead to further stock price volatility.
- Investor Guidance: Despite the potential for short-term stock price fluctuations due to index exclusion, analysts advise investors to focus on BellRing's performance, strategy, and financial position rather than making long-term investment decisions solely based on index membership.
See More
- Index Component Change: BellRing Brands (NYSE: BRBR) is set to be removed from the S&P 400 MidCap Index, and while this change is expected to have little impact on its fundamentals, the market reacted negatively, causing shares to drop nearly 10% during Monday's trading session.
- Market Reaction Analysis: The quarterly rebalancing announced by S&P Global after market close on Friday replaced BellRing's stock with new entrants like Roku and Coeur Mining, raising investor concerns about the company's shrinking market cap, which contributed to the significant decline in share price.
- Investor Recommendations: Analysts emphasize that investors should not base their buy or sell decisions solely on whether a company is part of a well-known index, but rather focus on BellRing's performance, strategy, and financial position to make more informed investment choices.
- Market Performance Comparison: Although BellRing Brands did not make it onto the Motley Fool Stock Advisor's list of the 10 best stocks, the average return of this list stands at 941%, significantly outperforming the S&P 500's 206%, indicating a market preference for high-quality stocks.
See More
- Market Decline: The S&P 500 fell 2.64% and the Nasdaq 100 dropped 4.77%, indicating a significant loss of investor confidence in tech stocks, particularly as AI infrastructure and semiconductor companies faced sell-offs, which could impact future investment strategies.
- Strong Employment Data: US nonfarm payrolls rose by 172,000 in May, significantly exceeding expectations of 88,000, while the unemployment rate held steady at 4.3%, potentially prompting the Fed to consider a rate hike at the upcoming meeting, thereby affecting market liquidity and investor sentiment.
- Rising Bond Yields: The 10-year Treasury yield climbed to 4.55%, a two-week high, reflecting heightened expectations for future rate hikes, which may lead to capital outflows from the stock market, further exacerbating market volatility.
- Tech Stock Retreat: Following Broadcom's disappointing chip sales outlook, Marvell and Micron stocks plummeted over 16% and 13%, respectively, suggesting that the market's overly optimistic sentiment towards tech stocks may be correcting, impacting investor confidence.
See More
- Market Weakness: The S&P 500 index fell by 1.00% and the Nasdaq 100 dropped by 2.08%, both reaching two-week lows, indicating a significant investor rotation out of AI infrastructure and semiconductor stocks, which could impact future investment strategies.
- Strong Employment Data: US nonfarm payrolls rose by 172,000 in May, significantly exceeding expectations of 88,000, with April's figures revised up to 179,000, demonstrating economic resilience that may prompt the Fed to consider a rate hike in the upcoming meeting.
- Rising Bond Yields: The 10-year Treasury note yield reached a two-week high of 4.54%, reflecting heightened market expectations for a Fed interest rate increase, which may lead investors to reassess risks in the stock market.
- International Market Declines: European and Asian stock markets are generally lower, with China's Shanghai Composite falling to a seven-week low, indicating that global economic uncertainties could have a ripple effect on the US market.
See More
- Conference Participation: Coeur Mining's Chairman and CEO Mitchell J. Krebs, along with CFO Thomas S. Whelan, will participate in the RBC Capital Markets Global Mining & Materials Conference on June 11, 2026, showcasing the company's strategic direction in the mining sector.
- Investor Relations: This invitation-only conference aims to strengthen connections with potential investors, enhancing the company's visibility and appeal in the capital markets.
- Company Overview: Coeur Mining is a U.S.-based diversified precious metals producer with seven wholly-owned operations, including the New Afton gold-copper mine and the Rainy River gold-silver mine, demonstrating strong production capabilities and market competitiveness.
- Resource Development: The company also wholly owns the Silvertip polymetallic critical minerals exploration project in British Columbia, further strengthening its strategic positioning in the precious metals and critical minerals sectors.
See More










