Phoaks Minerals Consult’s Post

Gold in Stock available in Ghana

🌍 Gold Trade in Uganda: A Tremendous Leap Forward! 🌍 Over the last three months, the gold trade in Uganda has seen remarkable growth and development. We're witnessing increased activity and confidence in the market, reflecting the country's rising prominence as a key player in the global gold industry. 💰 Fair Prices, Global Standards 💰 What sets Uganda apart? Our gold prices remain incredibly competitive compared to global standards, offering buyers a unique opportunity to invest in high-quality gold at fair rates. At Kivu Central Miners, we pride ourselves on delivering Africa's finest gold, sourced responsibly from the rich Kivu region of Congo. ✨ Why Buy from Ugandan Firms? ✨ Buying from Ugandan firms like ours ensures not only excellent value for money but also supports sustainable and ethical mining practices. Our commitment to quality, transparency, and customer satisfaction makes us the preferred choice for gold traders and investors looking to secure their future with confidence. Join the growing number of satisfied clients and experience the unmatched advantage of trading with Kivu Central Miners. #GoldTrade #UgandaGold #KivuCentralMiners #FairPrices #SustainableMining #AfricaGold

--Company Update-- GOLDPLAT PLC announces operational update for Q2 ended 31 December 2023 Ghana experienced an exceptional Q2, achieving an operating profit of GBP1,820,000 (GBP1,026,000 Q2 2023), driven by strong supplies during the first half of the current financial year and the sale of inventory that built up as a result of our inability to export whilst our export license was finalised during the 2nd half of the previous financial period. Werner Klingenberg, CEO of Goldplat commented: "This was a bitter-sweet quarter with good results in Ghana alongside losses on estimated gold receivable in South Africa. I'm confident that the team has implemented the necessary controls to eliminate these losses going forward. Ghana continues to benefit from engagements and marketing efforts over the last 5 years and we aim to build on the momentum into Africa and South America. The requirements and approval of the water use license for installation of pipeline to DRD Gold remain a major focus for the Group, whilst we continue to strengthen our relationships, increase market share in a declining gold market in South Africa and leverage our strength and capabilities through partnership into other precious metals and commodities." RNS for more: https://lnkd.in/eK6wE7mP === Cc Tim Thompson #GDP

NEWSFLASH: I am pleased to report that the National Gold Purchase programme, which aims to increase our country’s reserves and boost the value of the naira, is making significant progress. Recently, I had the honor of presenting the latest gold bars to HE President Bola Ahmed Tinubu. The bars were sourced from artisanal and small gold miners and refined by an agency of our Ministry, the Solid Minerals Development Fund. They have met the London Bullion Market Association Good Delivery Standard and will soon be sold to the Central Bank of Nigeria to strengthen our foreign reserves. This marks the first commercial transaction under the National Gold Purchase Program (NGPP), which is a centralised offtake scheme supported by a decentralised aggregation and production network of artisanal and small-scale miners and cooperatives. Furthermore, I am proud to announce that this first commercial transaction has resulted in a substantial increase of over US$5 million in Nigeria's foreign reserves assets, the refinement of over 70 kilograms of gold to the London Bullion Market Good Delivery Standard, and the successful aggregation of locally mined gold, injecting around NGN6 billion into the rural economy. Dele Alake Minister of Solid Minerals #hammidbakare #OpeningMonologue #fypyou #News #GoldPurchase #tiktoknewsupdate #PresidentBolaAhmedTinubu #DeleAlake #RenewedHopePolicies #GreatnessIsComing

#GoldRefinery: Ghana opened its first commercial gold refinery in Accra, the capital, on Thursday, marking a significant effort by Africa's leading gold producer to increase the value and returns from the precious metal, which has been a cornerstone of its economy for centuries. This refinery, known as the Royal Ghana Gold Refinery, is a partnership between Rosy Royal Minerals of India and the central bank of #Ghana. Its primary objective is to refine 400 kilograms of gold daily, primarily sourcing the raw material from artisanal and small-scale mines, which officially contribute to about a third of Ghana’s annual output of approximately 4 million ounces. Ghana maintained its position as Africa's top #gold producer last year, benefiting from increased production from small-scale and artisanal miners, which boosted the total output to 4.03 million ounces. See more: https://lnkd.in/dMPC-uwp.

📰 Weekly Gold Update from Ghana 🌟 Hello from FDEK Gold Hub! Here's the latest news on the gold market in Ghana: 🔸 Gold Price: This week, gold in Ghana is holding steady at 6650 cedis per pound, showing stability in the local market. 🔸 Market Overview: Despite global market fluctuations, Ghana's gold market remains resilient, offering reliable investment opportunities. 🔸 Investment Potential: With consistent prices, now is a great time to explore investing in Ghana's gold sector. Whether you're new to investing or experienced, FDEK Gold Hub is here to help. 🔸 Trustworthy Transactions: At FDEK Gold Hub, we prioritize transparent and trustworthy transactions, ensuring peace of mind for our clients. 🔸 Future Prospects: Looking ahead, the Ghanaian gold market shows promise for continued growth and opportunities for investors. Interested in seizing opportunities in Ghana's gold market? Contact FDEK Gold Hub today to learn more! #GoldMarket #GhanaGold #InvestmentOpportunity #FDEKGoldHub 📈💼✨

Ghana Regains Leading Gold Producer Position Ghana has resumed her position as the leading gold producer in Africa. President Akufo-Addo disclosed this in Parliament when he delivered his last State of the Nation (SONA). “Mr. Speaker, last year, Ghana regained her position as the leading producer of gold in Africa, having overtaken South Africa. Our gold production reached an unprecedented four million ounces (4 million oz), according to preliminary reports. “This is as a result of the progressive policies we have been implementing, which have led to the revival of dormant mines like the Obuasi and Bibiani Mines, and the expansion of existing ones. The reduction in withholding tax on unprocessed gold by small-scale miners, from three percent (3%) to one and a half percent (1.5%), has resulted in some nine hundred percent (900%) increment in gold export from the small-scale sector, over the last two (2) years.” #GhanaGoldRevival, #LeadingGoldProducerAfrica, #GoldForOilPolicy, #SustainableMiningGhana, #GreenMineralsInitiative

Understanding the market demand for key minerals is crucial for small-scale investors in Nigeria. Explore the top minerals driving the industry and the factors behind their demand. #MiningIndustry #NigeriaEconomy

Gold Refinery not Profitable in Namibia - B2Gold Justicia Shipena B2Gold, a Canadian owned company, says it foresees difficulties making profit if it were to establish a gold refinery in Namibia in line with the country’s value addition aspirations. B2Gold's country manager, John Roos, said: "To put up a refinery in Namibia is absolutely too costly, and there is no payback on that project because we are a small group, and we are the only two gold mines in Namibia." Read the full article: https://lnkd.in/dsFfAszS

How To Make USD$ Millions As A Mineral Trade Facilitator Suppose you facilitate the 3 deals below in 1 year from the Democratic Republic of Congo ( Lubumbashi or Misisi, Mukera) to Tanzania (Das es Salaam) then final destination. * 500 metric tonnes of cobalt at $25.000/T that's $12. 500.000 * 500 metric tonnes of copper cathode at $7500/T that's $3.750.000 * 100 kgs of gold at $55.000 per kg that's $5.500.000 Total Deals $ 21.750.000 Facilitation fee 6% $1.305.000 Stay tune as we discuss about Facilitation business and how you can make Big money with minerals opportunities such as cobalt, copper, gold...the Right way. Note that I am not your financial adviser, i use this for information purpose only. #sudiammba #investinafrica #exportpromotion