Prepaid Gold Forward Sales Ltd’s Post

The Zimbabwe gold mining problem is not on production output but the high cost of production due to exorbitant material costs mainly driven by buying inputs through middleman. Suppliers of carbon, cyanide, lime and explosives are making more profits than these mines. I suggest a joint effort from the government and the mines to come up with... (watch out for my next article on Profitable Mining Sub-Sahara Africa)

invest in the gold mine in Guinea

Dive into Africa's vast mineral wealth, which constitutes 30% of the world's reserves, including substantial shares of gold, chromium, and platinum. With China leading the investment charge, countries like Canada, the UK, and Australia are also tapping into these abundant resources. Join us exploring the opportunities for growth and development in Africa's thriving mineral sector! #GoldMining #mineralwealth #AfricanGold

Nigeria 🇳🇬 is a blessed country and I confirmed it today. Today I went on a geological investigation with Prince Okedele, a partner in gold mining and the experience was awesome. We got to the site today and I saw the labourers digging the soil to find the vein of the gold🪙🪙! Really?! Has Gold got veins? Prince responded, Yes! that will tell us the direction in which the gold flows. Really... So the guys dug about four areas and in each of the areas are found degrees of gold in small quantities... I tell you, you will be irritated by the sight of the process... dirty, marshy, and swampy. Gold processing involves many stages, geological investigation through both manual and technological methodologies. Extraction of Top soil which varies from 50mm - 300m depending on the point they find the Gravel, which is embedded with gold, covered with carbons which is black in colour. Washing Stage: Seeing the manual process made me know we are real at the back space in Africa. We are calling on short and long term investors to come on board and let's explore a sustainable partnership where the community benefits, the state and our partners all wins. Osun State Government is open to environmental, economical and infrastructural sustainable projects and partnerships. This is a call to both local and foreign investors to invest their resources in a viable and sustainable business. Osun State is a very green land open to great synergy and other areas of possible profitable and sustainable partnerships. Olaniyi Simeon Akinloye Special Assistant to the Governor Office of the Governor. #Gold #GoldMining #MineralResources #SolidMinerals #Investment #GoldInvestment #GoldInvestors #Investors #GovernmentPartnership #RawGold

As part of broader Government strategy development is imperative to perform value-chain by value-chain analysis based on minerals mined in Tanzania and indentify the one with high potential for value addition and employment intensity  https://lnkd.in/emETc2_K

Starting point is identification of mining sector constraints and cross-cutting sectroral constraints that prevent beneficiation in the country and recommend intervention policy and strategy mitigations to enhance development of mineral beneficiation in the country that how more benefits can be realised The Ministry of Minerals - Tanzania

Mineral beneficiation - i.e. wringing every US Dollar of value out of the resources mined in African economies & keeping that value in those countries, is a huge concern for policymakers. In that wider context, what’s happening in #Botswana - home to the 2nd biggest rough #diamonds exporter in the world - this week shouldn’t be a surprise. Legislators there are considering a bill which would not only raise the stake the government can buy in mining firms to 24% (+900 bps higher than current levels), but also give citizens or citizen-owned companies the second right to buy these stakes, if the government chooses to not buy them. But what in current legislation, stops the 6 listed mining firms at the Botswana Stock Exchange Limited or domestic pension funds, from buying stakes above the current threshold of 15%? This is part of my conversation on that topic with Peter Major, on the 24th of July. #mining #mininglaw #localownership #pensionfunds

It’s encouraging to see the interest that this project has drawn locally and globally. The truth is that the Northern limb of the Copperbelt has been known to have deep seated high grade structures for many years. Konkola Deep is one of them and so is Lubambe. Most of them are open ended and the limit is the international boundary with the DRC. On ZCCM IH I believe it needs to streamline it’s strategy. ZCCM IH actually has all the geological data it inherited from the parent ZCCM Ltd. A few of us worked hard to preserve the technical data in Kalulushi at the Techical Services Library and core shed with the late Librarian Justin Chileshe. Companies like FQM piggy backed on ZCCM IH with a small Mkt Cap then. ZCCM IH’s Market Cap is still below $200M and FQM’s has grown to $8B with an enterprise value of $16B. Clearly something is not right here. On the other hand our stock exchange LuSE is quite illiquid and most of the local institutional investors don’t participate in exploration and mining assets.This inevitably perpetuates the cycle of capital flight through repatriation of profits when assets like Lumwana are developed. FQM delisted on LuSE because of low volumes.Kobold announcement has excited US investors

Namibia Critical Metals Sells Non-Core Assets in Namibia to Sylla Gold Corp. - Yahoo Finance: Namibia Critical Metals Sells Non-Core Assets in Namibia to Sylla Gold Corp.  Yahoo Finance

Develop appropriate fiscal and none fiscal incentive scheme for industrial zone development for mineral beneficiation projects and products. To unlock the potential of  Buzwagi Special Economic Zone in Geita, Tanzania The Ministry of Minerals - Tanzania