Asara Resources Limited’s Post

📊🚀Explore the news and opportunities that will be driving our financial market this week!   CEMAC: Financia Asset Management receives the green light from the regulator to launch the first two OPCIs in the CEMAC zone   UEMOA: Côte d'ivoire, the ITY gold mine produced 5.2 t of gold in the first half of 2024   Investment opportunities💸: This week, the main opportunities on the money market concern #Cameroon , #Gabon and #Congo which are going to issue BTAs and OTAs.   Dear investors, find out all about this news and the details of the various opportunities in our 📊 weekly review.   Building wealth, together !   #Cemac #WeeklyReview #FinancialMarkets #Investment #News #Opportunities #Cameroon #Invest #Richesse #Finance #Africa #Stockmarket #MarketTrends #EconomicPerspectives

*June Investor Presentation* Check out our latest investor presentation highlighting what sets Newcore Gold apart and our recent PEA results for our Enchi Gold Project in Ghana Learn More👇: https://bit.ly/3DgMS0G

--Company Update-- GOLDPLAT PLC announces operational update for Q2 ended 31 December 2023 Ghana experienced an exceptional Q2, achieving an operating profit of GBP1,820,000 (GBP1,026,000 Q2 2023), driven by strong supplies during the first half of the current financial year and the sale of inventory that built up as a result of our inability to export whilst our export license was finalised during the 2nd half of the previous financial period. Werner Klingenberg, CEO of Goldplat commented: "This was a bitter-sweet quarter with good results in Ghana alongside losses on estimated gold receivable in South Africa. I'm confident that the team has implemented the necessary controls to eliminate these losses going forward. Ghana continues to benefit from engagements and marketing efforts over the last 5 years and we aim to build on the momentum into Africa and South America. The requirements and approval of the water use license for installation of pipeline to DRD Gold remain a major focus for the Group, whilst we continue to strengthen our relationships, increase market share in a declining gold market in South Africa and leverage our strength and capabilities through partnership into other precious metals and commodities." RNS for more: https://lnkd.in/eK6wE7mP === Cc Tim Thompson #GDP

🌟 Are you ready to seize the golden opportunity in the Ghanaian gold market? 🌟 With gold prices soaring to 6800 cedis per pound, there's never been a better time to invest in this lucrative industry. At FDEK Gold Hub, we specialize in connecting savvy investors with premium gold opportunities in Ghana. Why choose us? ✅ Trusted expertise: With years of experience in the Ghanaian gold market, we have the knowledge and insights to help you make informed investment decisions. ✅ Premium quality: Our carefully curated selection of gold ensures that you receive nothing but the finest quality products. ✅ Seamless transactions: From acquisition to delivery, we prioritize efficiency and transparency every step of the way. Don't miss out on this chance to capitalize on the gold rush! Connect with us now to start your journey towards high profits and unparalleled success in the gold market. 💰 #GoldInvestment #GhanaGold #HighProfits #InvestmentOpportunity #FDEKGoldHub #ConnectNow

A promising copper exploration play outside of the Andes...in the Kalahari Copper Belt.

Can the PNG government justify which case study was used in the world to align or point out similar to PNG Gold Bullion Project or which case study was identified and studied to compare , contrast and illustrate similar to PNG Gold Bullion Project proposed policies, investment deals and business arrangements, the impact to benefit its country and economy??? read about Rwanda's Gold Bullion Corporation and State Own Gold Mint Refinery Project in Africa and you will know what issues they overcome, what business and investment deals they accepted with investors and developers, what are the impact and benefits on their people and economies outcomes???

Pakistan plans to sell a 15% stake in the Reko Diq project to Saudi Arabia after Barrick Gold Corporation declined to increase its share. This move reduces Pakistan's overall shares from 50% to 35%, while Balochistan's stake remains at 25%. Consequently, the federal government's share will drop from 25% to 10%, making Pakistan a minority shareholder in the project. Officials are confident that being a minority shareholder will not pose significant challenges, based on Pakistan's previous joint venture experiences. Existing clauses in the agreement prevent Barrick Gold from making significant decisions unilaterally, thereby providing Pakistan with considerable leverage. Saudi Arabia's involvement is anticipated to enhance Pakistan's investment climate amid declining investment ratios. Furthermore, Saudi Arabia aims to increase its stakes in more Reko Diq blocks, signaling robust interest in the project. A formal announcement regarding the stake sale is expected soon, following the completion of a valuation report. The signing of the Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC) is deemed crucial, as it provides arbitration rights. Pakistan has also accepted recourse to international forums in case of investment disputes. Negotiations with Saudi Arabia have progressed well, indicating a positive outcome. Visit https://lnkd.in/dYepVRg8 to know more about us #Pakistan #SaudiArabia #RekoDiq #Investment #Mining #BarrickGold #Balochistan #JointVenture #FTA #GCC #EconomicGrowth #InvestmentClimate

We are proud to announce our strategic partnership with the Botswana Chamber of Mines (BCM), driving sustainable economic growth through our Citizen Economic Empowerment Programme(CEEP) agenda. With a Memorandum of Understanding and an investment commitment of BWP2.25 million over three years, Stanbic Bank Botswana is supporting the mining industry by fostering mentorship, funding, and sector support. We are dedicated to promoting value chain development and a sustainable future for Botswana's economy. The Bank’s investment is broken down as follows: Stanbic Bank will provide financial resources in the form of grants worth BWP500,000.00 (per year) to entities that have been identified by BCM and Stanbic Bank as potential manufacturers with confirmed off-takers. Stanbic Bank shall accord BCM and beneficiaries use of the state-of-the-art Accelerate Incubator in Gaborone Stanbic Bank will also provide BCM with BWP250,000.00 per year in sponsorship towards the Annual Local Manufacturing Summit. This partnership will facilitate greater access to financial resources and expertise for mining companies, supporting their efforts to invest, innovate, and operate sustainably. Together, we aim to create a conducive environment for growth and prosperity in the mining sector. #CEEP #Miningsector #Sustainableimpact

Our Global Head of Strategic Investments, Julien Rolland, joined the FT Africa Summit this week to discuss Trafigura’s role in the development of the Lobito Atlantic Railway (LAR). This important transport corridor runs from Angola's port of Lobito to the border of the Democratic Republic of Congo, providing a critical connection for the region. The US government is also supporting the renovation of the 1,300km railway line. As well as the domestic importance of the line, Julien highlighted the railway’s benefits for the metals industry, with Trafigura and its consortium partners holding a 30-year concession to operate and upgrade this route. “The DRC has enormous mineral potential, but limited infrastructure. Two decades ago, it was producing a few hundred thousand tonnes of copper; today, it’s closer to four million tonnes—but still relying on a highly congested road network to get the product to export. The Lobito Atlantic Railway provides a faster, more direct path to market, and aims to transport copper from mines near Kolwezi to Lobito port in just five days. “ Julien added that LAR represented a strategic investment in regional growth and development. #FTAfrica #EnergyTransition #ConnectingVitalResources #Copper #DRC #Angola #Mining 

West Africa is claiming the spotlight, transforming the landscape of gold production on the continent. Today, the region accounts for 33% of Africa’s gold production. This evolution speaks volumes about West Africa’s rich geographic potential and the favorable economic conditions that it a magnet for investors and stakeholders. With Mali among the top producers, we're proud to contribute to a region that's now shaping the continent's gold narrative. #GoldMining #WestAfrica