Global Eye Intelligence’s Post

#VAntageOnFirstpost 435 Tonnes of African Gold Lost to Smuggling in 2022 | Vantage with Palki Sharma A new report by Swissaid says that in 2022, 435 tonnes of gold were smuggled out of the African continent. A lion's share of the smuggled gold ended up in the UAE, where it was processed and re-exported to other parts of the world. Once gold is processed, most countries mark the processing country as the place of origin. In this way, African gold worth about $31 billion ended up getting smuggled out of the continent, and so it could not contribute to its source country's economy. Most of the smuggled gold came from artisanal mines, which can be unsafe, or run by militant groups who exploit people to fund their own activities. --- Gold | Smuggling | Africa | 435 Tonnes Gold | Firstpost | World News | Vantage | Palki Sharma #gold #smuggling #africangold #goldsmuggling #smuggledgold #2022 #africa #firstpost #vantageonfirstpost #palkisharma #worldnews

✨ 𝐌𝐚𝐛𝐚𝐧’𝐬 𝐠𝐨𝐥𝐝𝐞𝐧 𝐟𝐮𝐭𝐮𝐫𝐞 𝐢𝐬 𝐡𝐞𝐫𝐞! ✨ In the heart of Upper Nile State, Maban County is experiencing an economic boom thanks to a surge in demand for locally mined gold. Ethiopian buyers are driving this demand, recognizing the value of Maban’s gold mining activities. The future shines bright for Maban as the allure of its gold continues to attract buyers and fuel economic growth. The local community, empowered by artisanal mining opportunities, is on the path to a prosperous and sustainable future. This progress stands as a beacon of hope for the entire country. Studies show that the increase in mining activities is creating jobs and generating significant income, especially with gold prices soaring. This influx of wealth is enhancing local welfare, improving access to education and healthcare, and stimulating infrastructure development. #MabanGold #EconomicGrowth #SustainableFuture #CommunityEmpowerment #UpperNileState #GoldRush #HopeAndProgress https://rb.gy/8yjukf

𝗨𝘇𝗯𝗲𝗸𝗶𝘀𝘁𝗮𝗻'𝘀 𝟮𝟬𝟮𝟯 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲𝘀 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗮 𝗗𝗲𝗰𝗿𝗲𝗮𝘀𝗲 𝗼𝗳 $𝟭.𝟮 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 Despite a surge in international reserves in December, Uzbekistan saw its overall financial reserves diminish by $1.2 billion by the end of 2023, reaching $34.56 billion. This marks the first year-end reduction in reserves since 2018, with the physical gold volume showing a substantial decrease of nearly 25 tons throughout the year. Source: https://lnkd.in/dmjtTiJY #gold #uzbekistan #mosaicfinancial

Lebanon Golden Age starting mid 1950's until 1975. Lebanon is the 2nd country in the world in gold reserves per capita with 69.3 grams for each citizen. Switzerland tops the world's list with 136.3 grams per capita. In 2018 the value of Lebanon's Gold represented 22.3% of the Arab world's aggregate gold reserves. They accounted for 3.6% of gold reserves of non-OECD Countries and for 0.9% of Global Gold Reserves.

#SouthSudan's emerging gold market is quickly becoming a popular choice for traders in Africa, according to a 2023 report by Organized Crime and Reporting Project (OCCRP). In 2020, the country's gold exports to the United Arab Emirates and #Uganda alone totalled more than 3,000 kilograms, bringing in US$110 million for the young nation. This figure is believed to be a fraction of what the industry can dig up. However, over-reliance on #oil as the major source of revenue means the country has yet to harness the full economic potential of this precious mineral.

WHY BUY GOLD FROM AFRICA? Compared to the rest of the world, African Gold prices are considerably low. This is due to various reasons… The value of most African currencies is low as compared to US Dollars, which makes Gold mining and gold processing a bit cheaper in Africa hence cheaper Gold Prices. Also, besides Gold processing, there is less value added to Gold while still in Africa leading to cheaper Gold prices. If you ever want to invest in Gold and any other precious metal, it is advisable to learn about the trends and the cost of Gold on international markets. This will give you a hint and bargaining power based on the stability of the Gold Markets internationally. The prices we attach to our supplied Gold Bars from Africa are all based on the international market prices but, with a reasonable discount! Buy Gold Online. You should always avoid the cheapest gold prices compared to what is on the international market otherwise, you may fall into a scammers trap. This does not mean we are expensive but rather offer fair Gold Prices. Contact us directly: Email: info@bonasgold.net Website: www.bonasgold.net Tel or WhatsApp: +237 675915154 #diamonds #silver #mines #miningengineering #gold#bars #cemac #cameroon #metal #bu #westafrica #seller #cif #goldbullion #taiwan #dubai #japan #china #korean #saudiarabia #bluesapphire #permit #bars #assays #wheretobuygold #WHERETOORDERGOLDINAFRICA #Howtoorderonline #wheretobuygoldinafrica #goldbullion #bars #gold

China and Russia are continuously increasing gold reserves

Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge joins Jonathan Jackson in the Proactive studio to talk about additional results from a rock chip sampling and detailed mapping program at Tchaga North within the Napié Project in Côte d'Ivoire, in which the company holds a 90% interest. A new high-grade #goldzone, named Central Zone, has been identified, bolstering Tchaga North's potential as a prime drilling target. Significant high-grade rock chip results were recorded, with values including 76.10 g/t and 24.34 g/t #gold, among others, supplementing earlier findings of up to 79.50 g/t. Samples yielding high gold grades predominantly came from quartz veins linked to newly identified east-west structural trends, which have not yet been subjected to drilling. Excavator trenching has started at Tchaga North to explore and sample the extent of quartz veining at the Central Zone and other areas like the... Watch at #Proactive #ProactiveInvestors #ASX #MKG #goldexploration https://lnkd.in/dUCrZiNa