The list of African raw materials is long. Whether diamonds, gold, platinum, uranium, chrome and manganese ore or even potash, many things can be found in Africa. Since the end of the 19th century, mining and agricultural production have been expanded in almost all regions of the continent. About one third of the world’s mineral resources are found in Africa’s soil. Yet there are still countries that have been little explored, such as Guinea in West Africa. This is where Golden Rim Resources‘ advanced Kada gold project is located. It covers an area of around 200 square kilometers. The initial inferred mineral resource is 25.5 million tons grading 1.1 grams of gold per ton of rock, or 930,000 ounces of gold. Golden Rim Resources is pursuing another gold project in Burkino Faso, also in West Africa. The company also has two other projects in Chile (copper, silver, zinc and lead).

Another, but also very important raw material, potash, is found in Millennial Potash’s Banio Potash project – https://www.commodity-tv.com/play/millennial-potash-new-company-with-potash-project-in-gabon-africa/  – in Gabon. Significant potash deposits have already been identified in the area, which covers more than 1,200 square kilometers. Gabon scores with a good infrastructure. Potash is a fertilizer in demand, because the growth of the world’s population calls for high-quality food. And geopolitical risks, such as the current Russia-Ukraine war and the resulting sanctions, are jeopardizing the adequate supply of fertilizer. Demand for potash is therefore high and is driving up prices. Investors should therefore not lose sight of the potash market and Millennial Potash as well as gold companies that are active in Africa such as Golden Rim Resources – https://www.commodity-tv.com/play/golden-rim-resources-well-funded-for-exploration-in-2023-following-recent-financing/ .

Latest company information and press releases from Millennial Potash (https://www.resource-capital.ch/de/unternehmen/millennial-potash-corp/ )

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

 Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally 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 a mistake, especially with regard to figures and prices. The information contained herein has been obtained from sources believed to be reliable, but in no way claims to be accurate or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The
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