Leadership Media Group’s Post

How to Avoid Dutch Disease? The two primary strategies that can help solve Dutch disease are listed below: 1, Deceleration of domestic currency appreciation The deceleration of currency appreciation is an easier and more viable strategy to prevent the adverse effects of Dutch disease. It can sometimes be achieved by smoothing the spending of revenues earned from the export of natural resources. One of the most common methods to do so is the creation of a sovereign wealth fund. Many developed and developing countries, including Australia, Canada, Norway, and Russia, manage large sovereign wealth funds. Sovereign wealth funds aim to stabilize the inflows of capital into the economy to prevent it from overheating and causing significant currency appreciation. Excess revenues can be spent on education or infrastructure that will help to diversify the economy. 2. Diversification of the economy The diversification of the economy is a strategy that can almost eliminate the negative impact of Dutch disease on the economy. Economic diversification can be achieved by subsidizing lagging sectors of the economy or establishing tariffs to support domestic producers. Source: https://lnkd.in/gre3u4A5 #Sovereignwealthfund #Economicdivwrsification

Tolu Minerals Ltd (ASX:TOK) managing director and CEO Iain Macpherson joins Proactive’s Tylah Tully to discuss the results from a recently completed Phase 1 Airborne Mobile Magneto Telluric (MT) survey over the Tolukuma area in Papua New Guinea. The survey identified significant copper-gold porphyry and epithermal #gold targets with the results supporting the company's exploration and development strategy, potentially accelerating the expansion of the Tolukuma mine. Preliminary findings indicate a conductivity anomaly extending over two kilometres beyond Tolukuma’s southern boundary. Additionally, advanced targets such as Belavista, Idave and Karame have been identified, with historical samples from Belavista showing high concentrations of #gold, #silver, #copper and #zinc. The porphyry system beneath Tolukuma, referred to as the ‘Tolukuma Porphyry,’ is believed to drive the region's gold mineralisation. Watch at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #CopperMining https://ow.ly/lz4450TjGPg

Our neighbours Tanzania are racking some heavy billions from local mineral trade and looking forward to even tapping more and more. Africa is a blessed continent with very rich minerals deposits which when harnessed well without greed and corruption can support budgets without relying on incessant borrowing and begging. This is Tanzania which is way below the pecking order in terms of mineral wealth but feeding their exchequer well from mines sector...what then can the West and Southern African giants do. Kenya where are we? https://lnkd.in/dzDcScdW

Our neighbours Tanzania are racking some heavy billions from local mineral trade and looking forward to even tapping more and more. Africa is a blessed continent with very rich minerals deposits which when harnessed well without greed and corruption can support budgets without relying on incessant borrowing and begging. This is Tanzania which is way below the pecking order in terms of mineral wealth but feeding their exchequer well from mines sector...what then can the West and Southern African giants do. Kenya where are we? https://lnkd.in/dzDcScdW

BeMetals: Pangeni Copper Project, Zambia: D-Prospect: Drill hole D22-C1 intersected 18.10 metres grading 0.70% Copper

Our neighbours Tanzania are racking some heavy billions from local mineral trade and looking forward to even tapping more and more. Africa is a blessed continent with very rich minerals deposits which when harnessed well without greed and corruption can support budgets without relying on incessant borrowing and begging. This is Tanzania which is way below the pecking order in terms of mineral wealth but feeding their exchequer well from mines sector...what then can the West and Southern African giants do. Kenya where are we? https://lnkd.in/dzDcScdW

Our neighbours Tanzania are racking some heavy billions from local mineral trade and looking forward to even tapping more and more. Africa is a blessed continent with very rich minerals deposits which when harnessed well without greed and corruption can support budgets without relying on incessant borrowing and begging. This is Tanzania which is way below the pecking order in terms of mineral wealth but feeding their exchequer well from mines sector...what then can the West and Southern African giants do. Kenya where are we? https://lnkd.in/dzDcScdW

Mozambique aims to raise domestic revenue to an average of 32.2 per cent of gross domestic product for the period 2026-2030, with a significant contribution from its own mineral resource base. Our report proposes the establishment of a clear minerals policy to guide the sector. Read more 👉 tjna.me/3uSLSRI #TaxJusticeAfrica #AfricaMiningVision Like, comment, share

preparation of minerals extraction in some part of Niger state Nigeria

https://lnkd.in/dQ7FC25F This collaboration is crucial for generating the geo-data needed to attract global investors* *Leadership in Africa:* Dr. Alake's efforts have also extended beyond Nigeria. He was appointed as the pioneer chairman of the Africa Minerals Strategy Group, a role that underscores Nigeria's leadership in the continent's mining sector. This position allows Nigeria to influence regional mining policies and foster unity among African nations to maximize the benefits of their mineral resources. *Economic Impact:* The reforms and initiatives under Dr. Alake’s leadership are expected to significantly contribute to Nigeria’s GDP. By focusing on value addition and local processing, the solid minerals sector is poised to become a major economic driver, creating jobs and fostering sustainable development. *Presentation of Nigerian Gold in Global Markets* First Commercial Gold Transaction: Dr. Alake announced Nigeria’s first commercial gold transaction under the National Gold Purchase Program (NGPP), which saw the sale of over 70 kilograms of gold refined to the London Bullion Market Good Delivery Standard. This transaction increased Nigeria’s foreign reserves by $5 million and marked a significant step in integrating Nigerian gold into the global market. *Conclusion* Through comprehensive efforts in regulatory reform, international collaboration, and strategic leadership, Dr. Dele Alake is transforming Nigeria's solid minerals sector. His focus on value addition, economic impact, and enhancing Nigeria's presence in the global gold market positions the sector for a sustainable and profitable future, significantly contributing to Nigeria's economic development and global standing. Henry Balogun HB Report The #411