Rich raw material deposits in Africa
(PresseBox) - South Africa in particular is rich in raw materials, and it is one of the most important raw material exporting countries in the world.
Recently, a newly licensed commodities exchange began trading gold in Nigeria, West Africa. The Lagos Commodities and Futures Exchange was licensed by the Securities and Exchange Commission to trade gold to the specification of the London Bullion Market Association. Globally acceptable prices and quality are being sought. In the process, Nigeria is also promoting the development of other mineral resources.
About 40 percent of the world s gold reserves are still contained in the Witwatersrand area. The Witwatersrand gold-uranium placer deposit contains the largest known gold enrichment on earth. Here, gold is mined to a depth of 4,000 meters. In this area (and also in the USA), Sibanye-Stillwater - https://www.youtube.com/watch?v=K_oWMsHZZ5g - is a major mining company. Gold and platinum group metals are the focus. In addition to the production of platinum, palladium and gold, the company also focuses on battery metals.
Zimbabwe is located in southern Africa and has almost 40 different minerals. The main minerals mined are platinum, gold, chrome, coal and diamonds. In Zimbabwe, Caledonia Mining - https://www.youtube.com/watch?v=CiPJndZP3q4 - is well established with its Blanket gold mine. Gold is successfully produced, and dividends are paid out. One of the main reasons for this success is the acceptance of local investors. All in all, Africa offers a wide range of opportunities for investors to bet on Africa s wealth of raw materials.
Current corporate information and press releases from Caledonia Mining (- https://www.resource-capital.ch/en/companies/caledonia-mining-corp/ -) and Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -).
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/
Unternehmensinformation / Kurzprofil:
Datum: 25.08.2022 - 01:31 Uhr
Sprache: Deutsch
News-ID 665924
Anzahl Zeichen: 0
contact information:
Contact person: Jochen Staiger
Town:
Herisau
Phone: +41 (71) 3548501
Kategorie:
Internet
Diese Pressemitteilung wurde bisher 164 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Rich raw material deposits in Africa"
steht unter der journalistisch-redaktionellen Verantwortung von
Swiss Resource Capital AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
