Proactive’s Post

Desert Gold Commences Preliminary Economic Assessment of Oxide Gold Resources on its Barani East and Gourbassi West Deposits, SMSZ Project, Mali Company CEO Jared Scharf commented “Management believes that gold in the oxidized portion of the Barani East and Gourbassi West Deposits can be profitably extracted. As such, a PEA has been initiated. If the PEA confirms our initial assumptions, work will be carried out to advance the project towards production. Assuming mining is initiated, the Company’s goal will be to use the free cash flow to fund ongoing exploration at our SMSZ Project.” Mr. Scharf also commented “With so many oxide targets on such a large property package, management believes there is significant merit in designing a mobile plant and camp that could be moved from one deposit area to another so that the Company can take advantage of the oxide facies gold mineralization that caps most of the deposits on our property and in the region. The Company’s core objective remains the develop of a tier 1 gold project through targeted exploration. We believe both initiatives, mining and exploration, can be run concurrently.” Full News Release: https://lnkd.in/gqG9MP26 $DAU.V $DAUGF https://desertgold.ca #Mali #mining #exploration #gold

Saudi Arabia is strategically positioning itself in the global supply chains of lithium as demand for this mineral continues to soar. Additionally the Kingdom's new mineral strategy, recently approved by the Saudi Council of Ministers, focuses on increasing exploration and development of its mining resources, especially those essential for the mining transition. #SaudiArabia #Lithium #Mining #NaturalResources #GlobalSupplyChain

African Union should expedite the development of an African critical minerals strategy that will guide member countries in negotiating mining contracts and agreements. The strategy should draw from leading mining practices around the world.

Africa is losing its shine in the global mining investment race! 🚨💎🌍  Discover the challenges and factors causing a decline in mining investments across the continent and explore potential solutions to regain Africa's competitive edge. Don't miss this critical analysis: https://lnkd.in/dYmfvN-6 #MiningInvestment #Africa #GlobalMining #EconomicChallenges #BotswanaMiningReview

Africa’s mining sector is poised for significant developments as the Africa Finance Corporation (AFC) throws its weight behind the industry, a key driver of economic growth in commodity-dependent countries. 👉 Since 2014, AFC has invested over $1 billion in Africa’s mining of precious metals and critical minerals across several countries. 👉 The latest partnerships will further strengthen the sector by driving significant capital flow into the continent. 👉 According to the UNCTAD (UNCTAD), two-thirds of developing countries depend on commodities. Learn more 👉 https://cutt.ly/kwBRabaq #africa #southafrica #mining

Exciting news! Saudi Arabia anticipates a significant increase in its gold production, aiming to exceed one million ounces by 2030. This surge follows intensified mineral exploration activities after the enforcement of a new mining investment law, as disclosed by Bandar Al-Khorayef, the Kingdom’s Industry and Mineral Resources Minister. Here's a question to consider: What do you reckon will be the global impact of Saudi Arabia's substantial investment in mineral exploration on the gold market? Share your thoughts! 💬🌍 #Mining #SaudiArabiaGold #MineralExploration

This article is the latest in our series looking at investment protection in the mining sector across Africa. In this edition, we focus on the protection of investments in the mining sector in Zambia.

One week ago, Global Business Reports (GBR) unveiled its latest Mining in Africa Country Investment Guide (MACIG) at the Investing in African Mining Indaba in Cape Town.   A decade after launching the first MACIG, the 2024 edition still spans thousands of kilometers, over 150 interviews, and a dozen country profiles to paint the most comprehensive picture of a complex and fundamental continent for global mining.    The world is hungry for African minerals. The high gold price and the demand for minerals critical to the success of the energy transition offer unprecedented opportunities for the socio-economic development of the Mother Continent. With this, leaders in Africa are determined to see value in benefiting local stakeholders.   As Africa moves away from a purely extractive-based model to an integrated one, GBR visited North, West, Central and Southern Africa to assess the progress and to understand the opportunities and challenges that lie therein. We would like to particularly thank the ministers, executives, and key players who contributed their insights to the report.   #africa #mining #investment #gold #lithium #copper #cobalt

DRC’S ABUNDANT MINERAL WEALTH TAKES CENTER STAGE AT FUTURE MINERALS FORUM 2024 The Democratic Republic of Congo was highlighted at the Future Minerals Forum 2024 conference, which took place in Riyadh, Saudi Arabia. Dieudonné-Louis Tambwe, an expert in mining issues and the coordinator of the Technical Coordination and Mining Planning Unit (CTCPM), presented numerous investment opportunities in the DRC’s mining sector during the session dedicated to the country. In his speech, Dieudonné-Louis Tambwe highlighted the different metallogenic provinces and blocks of the DRC, as well as their characteristic minerals. In total, he mentioned eight blocks, each with specific mineral resources. These included…READ MORE HERE https://lnkd.in/dsasgiKx

#AMDCMedia The presentation of the AMV was made by interim Director Dr Marit Kitaw. In sharing the concept note and the AMV AMDC presentation for the ASEAN mining vision session, there was considerable interest, plus a lot of questions from countries such as Brunei, Myanmar, Indonesia, Philippines, Malaysia, etc and the ASEAN secretariat itself, They all were so eager to learn about Africa’s experience and how they can learn from it.. https://lnkd.in/e_9veFnu