Tolu hopes to replicate Kainantu

PAPUA New Guinea gold company Tolu Minerals, formerly Lole Mining, hopes to list on the Australian Securities Exchange in January – scuttling a planned acquisition by Tempest Minerals – with a pitch to investors that it could be the next K92 Mining.

Tolu hopes to replicate Kainantu Tolu hopes to replicate Kainantu Tolu hopes to replicate Kainantu Tolu hopes to replicate Kainantu Tolu hopes to replicate Kainantu

Iain Macpherson

"We're targeting going live on the ASX in the early New Year - ringing the bell sometime during January," Tolu managing director Iain Macpherson said at the 16th PNG Mining and Petroleum Investment