Waraba Gold’s Post

#VAntageOnFirstpost 435 Tonnes of African Gold Lost to Smuggling in 2022 | Vantage with Palki Sharma A new report by Swissaid says that in 2022, 435 tonnes of gold were smuggled out of the African continent. A lion's share of the smuggled gold ended up in the UAE, where it was processed and re-exported to other parts of the world. Once gold is processed, most countries mark the processing country as the place of origin. In this way, African gold worth about $31 billion ended up getting smuggled out of the continent, and so it could not contribute to its source country's economy. Most of the smuggled gold came from artisanal mines, which can be unsafe, or run by militant groups who exploit people to fund their own activities. --- Gold | Smuggling | Africa | 435 Tonnes Gold | Firstpost | World News | Vantage | Palki Sharma #gold #smuggling #africangold #goldsmuggling #smuggledgold #2022 #africa #firstpost #vantageonfirstpost #palkisharma #worldnews

Do you know the newest red gold in africa that everybody can engage in to it and become rich? This video will explain what is the new red gold in africa as for now that I'll like to encourage you to invest in to it.It can do well in any part in africa #palmtree #Palmnuts #Palmoilfarming

West Africa is claiming the spotlight, transforming the landscape of gold production on the continent. Today, the region accounts for 33% of Africa’s gold production. This evolution speaks volumes about West Africa’s rich geographic potential and the favorable economic conditions that it a magnet for investors and stakeholders. With Mali among the top producers, we're proud to contribute to a region that's now shaping the continent's gold narrative. #GoldMining #WestAfrica

Steppe Gold Reveals Mongolia's Immense Potential. Executive Vice President & Director Aneel Waraich sits down with First Phase to discuss property expansion opportunities, financial health, and key drivers for growth. Explore the rich gold potential of Mongolia in our recent interview. Watch below. https://lnkd.in/g_WqxPMA

Surprised South Africa is so low

🔍 New Africa Watch Report: Burkina Faso’s Gold Mining & Geopolitical Challenges 🇧🇫💰 Burkina Faso is enacting key reforms to manage its gold mining sector amid political instability and growing ties with Russia. Key updates: 🔹 Regulatory Reforms: New measures include a national gold reserve and a temporary halt on artisanal gold exports to curb misuse. 🔹 Geopolitical Dynamics: Enhanced cooperation with Russia impacts security and economic strategies, influencing both regional stability and investment opportunities. Discover how Burkina Faso is navigating these complexities and the implications for the mining industry. https://lnkd.in/gVpXSmJD #BurkinaFaso #GoldMining #Geopolitics #AfricaWatch #EconomicStability #GlobalEyeIntelligence

South Africa is the richest mineral-producing country in Africa --- According to a report done in 2022, by the Economist Intelligence Unit, South Africa, often referred to as the jewel of the African continent boasts a treasure trove of natural resources that have fueled its economic prosperity for decades. With abundant reserves of gold, manganese, platinum, and other precious materials, South Africa stands as a powerhouse in the global mineral market. In 2022 alone, the country's annual mineral production reached $124.96 billion, solidifying its position as a key player in the global export arena. From the iconic gold mines of Johannesburg to the vast platinum reserves of the Bushveld Igneous Complex, South Africa's natural wealth continues to drive economic growth and development.

I was one of those people that condemned Ye for his rants. But now I have a different view over his perspectives on #ownership, #marketshare for independent producers and #equitable commercial agreements. That comment he makes about the Diamonds (#miningIndustry); is similar to the dialogue on #beneficiation and what African Governments are trying to re-negotiate with their partners. Most recent example being the Cobalt-mining in DRC and Gold-royalties gained by Burkina Faso.

✨OUT NOW ✨ Did you know, Sahel countries are some of the largest gold producers in Africa? 🆕 report provides an in-depth analysis of gold trafficking in the region. https://lnkd.in/d_yRkKMt