Yicai 第一财经’s Post

Why Barrick Gold Remains Interested in Pakistan’s Reko Diq Reserves Beneath the rugged terrain, sandy expanses, and arid deserts of Chagai lies one of the world’s largest undeveloped gold and copper reserves.

Sylla Gold Corp Secures Major Stake in Namibia's Gold Prospects, Expanding into Central Namibian Gold Belt - BNN Breaking: Sylla Gold Corp Secures Major Stake in Namibia's Gold Prospects, Expanding into Central Namibian Gold Belt  BNN Breaking

Is this Co. Exploring and Producing Gold in One of the World's Most Promising Regions? https://ow.ly/lytF50ThONb As Sanu Gold Corporation explores its three strategically located gold projects, expert John Newell explains why he thinks it is well-positioned to capitalize on Guinea's untapped potential and the growing global demand for gold. $SANU:CSE $SNGCF #goldstocks

🌟 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

It’s the best approach by any of large gold producing nations, where the the precious metals exports is a major chunk of their revenu. However, the lack of incentivising such projects and substantial cuts in royalty levied before export vis a vis export of raw gold, the chances of success of home grown refineries are less. For example in Ghana with 900 kg per day refining capacity by two large refineries set up,, none of them have been functioning due to lack of their main feedstock, the gold Dore.

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

Meanwhile in Ethiopia Kurmuk Mining’s gold ambitions on hold as Benishangul officials air doubts over “legitimacy” KGM initially planned to start early works in the final quarter of 2023, with its eye on commercial production in 2026, according to company documents. It was looking to produce close to seven tons of gold annually over the first years of production with a total investment capital requirement of half a billion USD, according to the document. However, Allied Gold’s financial statements reveal that Kurmuk’s total assets stood at less than USD 200,000 as of September 30, 2023. The disagreements with regional authorities and security issues mean that it will take a longer time before any gold is pulled out of the ground at Kurmuk, according to sources close to the issue. However, these sources also claim that KGM is intentionally delaying its operations using various issues as pretext because the company lacks the financing to start its work. According to these sources, the company is using the licenses to boost Allied Gold (AAUC) share value on the Toronto Stock Exchange. Project Logistics East Africa Keeping it simple Keeping it Local. email : ian@als-worldwide.com WHATSAPP : +447462108485 ETHIOPIA : +251991215224 #ethiopia #somaliland #Tanzania #Kenya

"Shining Through Time: A Glittering Tale of Global Gold Production" 🌍2023 Gold Leaders: ✅ Top 3 producers: China, Russia, and Australia. 🌍Global ranking of top gold-producing countries in 2023: ✅ China: 420 tons ✅ Australia: 330 tons ✅ Russia: 310 tons ✅ United States: 200 tons ✅ Canada: 180 tons 🌍 Global Gold Production Landscape (2023): ✔️Gold is recognized as a highly prized and esteemed metal with enduring value. ✔️Historically, South Africa held vast gold reserves, but other nations like China, Russia, Australia, and the United States have surpassed it in production and reserves. ⛏️ Historical Nuggets: 🎯 In 1848, James Marshall discovered gold in the Sacramento Valley, starting the most famous gold rush. After hearing about the gold, thousands of migrants went to California, where miners extracted $2 billion by 1855. 🎯 South Africa's discovery of the Witwatersrand Basin changed global dynamics in the 1890s. 🎯 South Africa produced 1,002 tons of gold in 1970, the most of any country. 💰 Gold Outlook: ✔️Gold prices at $1,900-$2,000 per ounce. ✔️North American projects are expected to drive growth.   🔍 Golden Trivia: ✔️Uzbekistan and Indonesia host the world's second and third-largest gold mining operations.   🚀 Conclusion: ✔️Gold production's glittering future with rising prices and global expansion.    Research Method: Secondary, Sources: Multiple #GoldMining #GlobalProduction #MiningTrends #GoldRush #EconomicOutlook 🌟  

[WACCC NEWS] Closer Mining Linkage between Western Australia and Henan The Western Australia Henan Online Mining Conference took place on August 8, 2024, drawing around 100 attendees. Participants heard presentations from representatives of government, mining and mining services corporations, and business associations. The event was organised by the WA Chinese Chamber Of Commerce, Invest and Trade Western Australia and Henan Foreign Affairs Office.   Henan Province, situated in central China, is often regarded as the cradle of Chinese civilisation. It is also an economic powerhouse, with a GDP of US$820 billion in 2023. Like Western Australia, Henan boasts a dynamic mining and mining services sector. The conference fostered connections and encouraged dialogue between two territories with shared economic outlook and complementary expertise. Around 16 Henan mining groups attended the conference, including miners, refiners, infrastructure and services providers, investors and government agencies. Their projects and activities span China, Central Asia and Africa. The conference began with opening remarks from the organisers, followed by representatives from Austrade and the Chinese Consulate in WA. Corporate presentations from Henan included Henan Yuguang Gold&Lead Co., Ltd. and Henan International Mining Development Company. On the Australian side, Black Diamond Drilling Services Australia P/L and MetalsGrove Mining were among the key presenters. #MiningConference #WesternAustralia #HenanProvince #AustraliaChinaRelations #MiningIndustry #EconomicDevelopment #GlobalTrade #MiningServices #InternationalCollaboration #WAChineseChamberOfCommerce #InvestAndTradeWA #HenanForeignAffairs #Austrade #MiningInnovation #EconomicPartnership