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Investments in the mining sector in Africa are expected to climb $14-billion by the end of 2010. The political stability offered by countries like Ghana make West Africa one of the more mining-friendly regions and should continue to encourage activity there. Ghana is Africa's second-largest gold producer after South Africa and has an established democracy, which makes it the most preferred mining investment destination.
Much of West Africa's gold comes from the Birimian greenstone belt on the West African Shield, home to the famous Ashanti gold belt. Big industry players like Newmont Mining Corp. (NEM) and Anglo Gold Ashanti Ltd. (AU), have been joined by juniors like Randgold Resources Ltd. (GOLD) (Mali and Cote d'Ivoire), Keegan Resources Inc. (KGN) (Ghana), Red Back Mining Inc. (RBI/TSX)(Ghana, Mauritania and Cote d'Ivoire), Golden Star Resources Ltd. (GSS) (Ghana), African Gold Group Inc. (Ghana and Mali) and several others.
Titus Holdings Gold Exchange Platform will streamline the process for both the small-scale miners, licensed gold traders, and investors who wish to acquire gold from West Africa in a safe environment. Register and access our Gold Exchange programs: Quarterly Gold Quote and Gold Exchange Platform.
Are you interested in buying or selling gold? |
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