Post #63

📍 Hold The Gold When Mansa Musa passed through Cairo in 1324, he spent and gifted so much gold that local prices plunged for years. Africa still glitters, but, as we showed in our recent material of the continent's top gold miners, most industrial output is booked by foreign corporations. ❓ Today we decided to figure out who are the leaders in the quest for genuinely African gold production. Behold the top 10 African-founded gold producers: 👉Sibanye-Stillwater (South Africa): 705,00 oz/year (21,900 kg) 👉Centamin (Egyptian-founded): 470,000–500,000 oz/year (14,600–15,550 kg) 👉Nguvu Mining (Ghana): 250,000 oz/year (7,780 kg) 👉Pan African Resources (South Africa): 186,000 oz/year (5,790 kg) 👉MIDROC Gold (Ethiopia): 112,000–129,000 oz/year (3,490–4,000 kg) 👉Kuvimba Mining House (Zimbabwe): 116,000 oz/year (3,600 kg) 👉Ariab Mining Company (Sudan): 93,000 oz/year (2,900 kg) 👉Dallaglio Investments (Zimbabwe): 88,100 oz/year (2,740 kg) 👉Thor Explorations (founded by a Nigerian and Nigeria is the operating base): 85,000 oz/year (2,650 kg) 👉Shalateen Mineral Resources (Egypt): 29,200 oz (≈ 900 kg) With more countries pushing local refining there’s a real opening for African businesses to scale from pits to processing — and ensure that the next gold story isn’t just about who digs, but who spends creates the value. Devils Below