Lion One Provides Clarification on Mining Methods at the Tuvatu Gold Mine

Lion One's clarification on Tuvatu mining methods is operational noise that misses the bigger picture. Whether they use shrinkage stoping or other extraction techniques, the key metric is ounces in the ground versus global demand destruction. Small miners like Lion One represent less than 2% of global gold supply. The real story remains unchanged: major producers are struggling with declining ore grades while central banks bought over 1,000 tonnes last year. Mining method debates are for engineers. Stackers should focus on the supply crunch that's been building since 2018. Every ounce these smaller operations can economically extract helps, but it won't move the needle on the structural deficit we're facing.