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Golden opportunities in Africa


Von Swiss Resource Capital AG

Besides diamonds, crude oil, copper or coltan, gold is considered an important component of raw material extraction in Africa.

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African countries have been the focus of mining companies and investors for some time. A senior international gold producer with three producing gold mines and a number of development and exploration projects is currently putting out feelers for gold in Zimbabwe. This is a company that expects to produce more than one million ounces of gold in 2021. The reason is the fascinating potential in the country, because Zimbabwe is geologically very interesting and that is exactly what the company is looking for. And Zimbabwe needs to revive its struggling economy. This requires new investments in the important mining sector.

 

Mining is not always easy in Zimbabwe. However, one mining company that has managed to secure the goodwill of local investors and is successfully producing gold is Caledonia Mining - https://www.youtube.com/watch?v=t6PFpRjvfTo . With the Blanket mine there, Caledonia Mining also pays dividends. With the listing on the Victoria Falls Stock Exchange, the success can continue.

 

Not in Africa, but in Central America lies Nicaragua, a country whose most important export is gold. Economically and politically, not all is well either. And Nicaragua has no oil reserves like Venezuela, for example, whose socialist leadership in Caracas, however, dumbs down the country's oil wealth.

 

One gold company in Nicaragua is Condor Gold - https://www.youtube.com/watch?v=mFuZJgdUMh0 -. Three gold projects are in Condor Gold's portfolio. For the particularly significant La India gold project, the company had announced the submission of a pre-feasibility study in late October. In the first two years, an average of 157,000 ounces of gold per year are expected to see the light of day there.

 

Current corporate information and press releases from Caledonia Mining (- https://www.resource-capital.ch/en/companies/caledonia-mining-corp/ -).

 

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.


Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/



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