All Namibia News’ Post

Sylla Gold Corp Strikes Gold in Namibia: Acquires Four Prospective Properties - BNN Breaking: Sylla Gold Corp Strikes Gold in Namibia: Acquires Four Prospective Properties  BNN Breaking

GHANA UNVEILS FIRST GOLD REFINERY TO CURB SMUGGLING AND ADD VALUE The Royal Ghana Gold Refinery, which will process 400 kilograms of gold daily, primarily sources raw materials from artisanal and small-scale mines. These mines contribute about one-third of Ghana’s annual gold output of roughly 4 million ounces, according to Bloomberg. Bank of Ghana Governor Ernest Addison stated that the refinery will play a crucial role in curbing gold smuggling, a persistent issue in the country, by providing a ready market for artisanal and small-scale miners. “This refinery can mitigate the incentive for smuggling and help promote transparency and accountability in…READ MORE HERE https://lnkd.in/dWY6gD85

Cuba's mineral investment potential has flown under the radar and investors will be better equipped to identify #investment opportunities by cultivating a deeper understanding of its #resource sector. Antilles Gold #gold #copper #investing https://bit.ly/3tw6fU3

Shandong Gold to Invest USD66 Million to Become Controller of Gold Mine in Inner Mongolia

Navigating Africa's gold market can be challenging due to political instability, regulatory unpredictability, and infrastructural gaps. At Kenosa International Minerals, we specialize in guiding clients through these complexities with expertise and integrity. Leveraging our industry knowledge and network, we help investors turn challenges into profitable ventures. Join us in transforming obstacles into opportunities in Africa's dynamic gold market.

Shanta Gold Limited said the recommended cash offer by Saturn Resources had received unconditional approval from the Competition Authority of Kenya. Approval from the competition authorities in Tanzania Fair Competition Commission is still awaited, Shanta said, following which it will schedule a court hearing for the scheme of arrangement to go ahead. Most of Shanta’s assets and its producing mines are in Tanzania with development projects in Kenya. Shanta added the acquisition is expected to become effective in the first half of 2024, subject to competition approvals. Saturn recently increased its offer to 14.85p per share from 13.5p as the gold price has risen to record highs. Agreements to vote for the amount to 29.8% of those eligible to vote, Saturn added at the time. More at #Proactive #ProactiveInvestors #mining #shantagold #mining #gold #naturalresources http://ow.ly/xjtR105oaCY

Our Communications Co-Chair Laura Sinisterra with the help of Christopher Bello (both from Debevoise & Plimpton) reports that Canada’s Gold Reserve, which won a billion-dollar award against Venezuela a decade ago, has threatened the State with a new investment treaty claim worth more than US$7 billion after its mining rights were again revoked. In its latest annual report issued last week, Gold Reserve revealed that it had submitted the notice of dispute in December 2023, invoking Venezuela’s bilateral investment treaty with Canada and Barbados. The dispute relates to a March 2022 decision by Venezuela’s Ministry of Mines revoking the mining rights of Siembra Minera based on alleged non-compliance with regulations.   Read more here: https://lnkd.in/duQXGC8j

We agree that gold has further to go as a continued store for wealth and as a solid foundation against the pressures of the current global economic & political climate. Oriole Resources PLC continues to push forward in our 'New Frontier' for gold exploration in Cameroon, with success across all exploration programmes at Bibemi and in our active licences in the Central Licence Package (CLP). Publishing Cameroon's first ever JORC-compliant gold resource in late 2022 brought attention from several investment groups, resulting in a Heads of Terms being signed on that project. Evidence of orogenic gold mineralisation associated with plays off the main Central Cameroon Shear Zone in our Eastern CLP led to another Heads of Terms being signed on the most advanced of our licences, Mbe. Both Heads of Terms allow for signature bonus on completion of the earn-in agreements, USD$ 4m per agreement of 'on ground' spend in exploration and further USD$ cash bonuses tied to successful definition of #JORC compliant resources. The remaining licences continue to be explored under our ownership. With plenty of upside for Oriole Resources PLC, why not check out the website at: www.orioleresources.com

B2Gold Corp reports N$4.04bn in gold revenue for the first half of 2024 B2Gold Corp. recorded C$219.1 million (N$4.04 billion) in gold revenue for the six months ended 30 June 2024, with 99,790 ounces sold at an average price of C$2,195 per ounce at the Otjikoto Mine in Namibia. Ore milled totalled 1,677,126 tonnes, with a grade of 1.76 grams per tonne and a recovery rate of 98.5% during the half year period. The Otjikoto Mine in Namibia reported gold revenue of C$112.9 million (N$2.08 billion) for the three months ended June 30, 2024 (second quarter), up from C$77.9 million (N$1.43 billion) in 2023. https://lnkd.in/dDxX59UE #namibia #gold #goldmining #Otjikotomine #B2Gold Chamber of Mines Namibia Tom Alweendo

🌟 Unveiling the World’s Most Profitable Gold Mines: The Numbers That Dazzle Ever wondered where the real gold lies? The Nevada Gold Mines, producing a jaw-dropping 94 tons of gold annually, is the crown jewel, leading the charge globally. Muruntau in Uzbekistan and Grasberg in Indonesia aren’t far behind, each extracting immense wealth from the earth’s depths. These mines are not just resources; they are economic giants driving global markets. Explore how these gold mines are shaping the future of wealth and industry! ✨💰 #GoldMining #EconomicPowerhouses #GlobalWealth #MiningInsights #GoldIndustry #PreciousMetals