Hassan Al Jabri’s Post

Gold Bars Now Worth Over a Million Dollars for the First Time #tanztrust #tanzania #gold #mining For the first time in history, a single gold bar is valued at over one million dollars. This milestone was achieved on Friday when the spot price of gold surpassed $2,500 per troy ounce, setting a new all-time high. With gold bars typically weighing around 400 ounces, this puts their value at more than $1 million. More information: Mining.com.https://https://lnkd.in/dKdM6__i At Tanz Trust, we offer extensive opportunities for investing in gold mining in Tanzania. We are currently seeking serious investors for joint ventures in expanding production or launching new ventures, including collaborating in obtaining a license to mine in areas with vast gold reserves or establishing a gold refinery. We emphasize direct engagement—no middlemen. Investors prepared to commit millions are encouraged to visit our partners in Tanzania as a first step. We also arrange on-site visits and provide up-to-date feasibility studies within two days, ensuring you have real-time information instead of relying on outdated data. Karibu. Welcome.

Check out this awesome article from Resource Capital Funds about gold. It's like a never-ending sparkle of insights into the world of gold & investing. #gold #goldmining #investing #investments #miningindustry

Call us gold bugs, because for us, #gold always maintains its intrigue. Resource Capital Funds offers a comprehensive overview explaining why. #goldmining #mining #miningindustry #lincolngold #lincolngoldmining #lmg

The first gold mine I helped finance was the Kundana Mine, which started as an open pit but has progressed to an underground operation in Western Australia during the late 1980s – about a decade before Resource Capital Funds (RCF) formed. RCF’s first gold investment funded a feasibility study for a mining project in Burkina Faso. A successful operating mine would later be built after our exit.  Since then, RCF has invested about $930M across 82 gold deals in 30 different countries. During our 25+ year history, gold has and always will be a critical part of our investment strategy. While the energy transition remains a key investment theme for the metal and mining industry, gold’s applications across circuitry, medicine, and aerospace, due to its conductivity and unique chemical properties, make it far more versatile than just its popular use in jewelry and coinage.  I encourage you to read the latest from Rob Gray and Chris Corbett which provides a comprehensive overview of gold’s history, applications, current supply & demand dynamics, and how current economic and geopolitical forces are affecting the gold marketplace. #mining #privateequity

✨ Gold, silver, and copper had an outstanding first half of the year! 🚀 According to a recent report by MINING.com, these precious metals have seen significant gains driven by strong demand and market dynamics. 🔗 Read the full article to learn more about the factors contributing to this impressive performance and what it means for the future of the metals market. https://lnkd.in/gAPfv8yj

No metal quite captures the imagination like #gold. Mined for over 6,500 years, gold is used in everything from jewelry to aerospace applications, and as a store of value. In the absence of a significant number of high-grade gold deposits being discovered and developed, declining ore grades will likely drive higher gold prices over time. Add in inflation, geopolitical tensions, and conflicts in Ukraine and the Middle East, and gold may be an attractive safe haven for investors looking to hedge against current macro and economic risks. Read the latest from Rob Gray & Chris Corbett, for more information on the history, uses, and current market dynamics of gold.    ➡ https://lnkd.in/dxPPhZ6X #mining #investing #privateequity 

Turning Waste To Value. Tailings Reprocessing is the future of Mining. MINING.com reports on it here: https://lnkd.in/gDACei4p

🌟 Trend of Gold Prices in Tanzania in the Past Week from July 1 to July 7, 2024 🌟 As a leading consulting company, we bring you the news on the trend of gold prices from July 1 to July 7, 2024. During this week, the price of gold has shown a gradual increase, reaching a peak of TZS 183,451.91 per gram. Continue following us for more financial updates and trends along with advisory services in gold mining investment in Tanzania. #GoldPrices #TanzaniaGold #MarketTrends #FinancialAdvisory #InvestmentIdeas

Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF)'s shares lost 5% in early trading after it said it would be 'inappropriate' to restore the final dividend given its debt levels, saying it will 'reassess the potential for capital return at the interim results in August'. The South America-focused precious metals digger reported a 10% rise in adjusted EBITDA to $274.4 million for the year, aided by higher prices and the Argentinian peso's devaluation. As anticipated, production fell 10% to 300,749 gold equivalent ounces for 2023, while revenue declined 6% to $693.7 million. The miner sees a boost in 2024 production, projecting 343,000 to 360,000 gold equivalent ounces, driven by increased outputs from Inmaculada, San Jose, and the initiation of the new Mara Rosa mine, reflecting Hochschild's resilience and strategic adjustments in a challenging market. In the first 35 minutes of trading... More at #Proactive #ProactiveInvestors http://ow.ly/EeuK105lMz1

📢 Today we published our 2023 Integrated Report.   Caledonia’s vision has evolved over the last couple of years from being a relatively small operator of a single asset towards becoming a multi-asset, Zimbabwe-focused gold producer with an ambition to produce over 250,000 ounces of gold per annum.   2024 has started well with operating and financial performance at Blanket in line with management expectations. We were pleased to have published a revised mineral resource and reserve statement for Blanket in May 2024, extending Blanket’s life-of-mine. We are on track to meet our production guidance of between 74,000oz and 78,000oz at Blanket in 2024, and are expecting a similar level in 2025.   Discover more about our pathway to becoming a multi-asset producer. https://lnkd.in/exZD4knT #CMCL #Mining #MiningNews