A look at Africa
More than a billion people now live in the countryside south of the Sahara. It is estimated that by 2050 there will be 2.2 billion inhabitants. Electricity, drinking water and medical standards are still far behind European levels. Unstable political conditions often make the progress of individual countries more difficult.
When it comes to law and order, Africa speaks of belonging to certain legal circles. Ghana, for example, belongs to the English legal system and has a high degree of political stability and is also rich in raw materials. Oil and gas production off the coast is on the rise. Ghana is even one of the world's largest producers of cocoa and gold. Only sometimes does the volatile currency Cedi make business more difficult.
For example, Cardinal Resources owns promising gold projects in Ghana, a country that is attractive to mining companies - https://www.commodity-tv.net/c/search_adv/?v=298772. The Bolgatanga and Subranum gold projects are both located in a granite greenstone belt in northeastern and southwestern Ghana, respectively. Up to almost 30 grams of gold per ton of rock have already been identified. And there are already various gold projects at both locations.
Although the countries of Sub-Saharan Africa have many things in common, the conditions in the individual countries and regions are very different. The political conditions in Zimbabwe are not quite so simple, but Caledonia Mining has built up a strong position here. The reason for this is that 51 percent of Caldonia Mining's blanket gold mine is owned by local investors - https://www.commodity-tv.net/c/search_adv/?v=298787. Although the company plans to increase its share to 64 percent, the successful gold production for years shows that the business idea works.
In 2019, the Blanket mine is expected to produce between 53,000 and 56,000 ounces of gold.
Current company information and press releases from Caledonia Mining (https://www.resource-capital.ch/en/companies/caledonia-mining-corp.html).
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