Zadak Groups Gold Mining Operations
Mali is one of Africa’s biggest gold producers, with mining contributing around 10% of its gross domestic product.
Zadak Groups is a leading supplier and exporter of Raw Gold, Gold Bar & Gold Nuggets from Africa in Partnership with small scale miners in Tanzania and the Democratic Republic Of Congo(DRC).
We work to create value for small scale miners by providing an avenue for marketing precious stones and metals to the Global Export Market. Monte Cristo Enterprises Ltd supplies Raw Gold, Gold Bar & Gold Nuggets from Africa to the Global Export Market.
Overview
Gold dominates Mali’s natural resource sector, and Mali is the fourth-largest gold producer in Africa (trailing Ghana, South Africa, and Sudan). Gold is by far Mali’s most important export, comprising more than 80% of total exports in 2020.
The price of gold fluctuates with the world market price. The sector has experienced some difficulties as unproductive mines have been closed and others face imminent closure. However, two new mines opened in 2017 with a capacity of 14 tons a year. Two smaller mines opened in 2015.
Gold panning is thought to constitute approximately 4 to 26 tons according to sources. More than two million people, representing more than 10% of the population, depending on the mining sector for income.
| 2017 | 2018 | 2019 | 2020 | |
| Total Local Production | ≃ 50 tons | 60.8 tons | 65.1 tons | 65.2 tons |
| Total Exports | $2 billion | $2 billion | $2.5 billion | $3.2 billion |
Leading Sub-Sectors
In addition to gold, Mali has other mineral prospects as the majority of the territory remains largely unexplored and unmapped. The Ministry of Mines estimates Mali has 800 tons of gold deposits, 2 million tons of iron ore, 5,000 tons of uranium, 20 million tons of manganese, 4 million tons of lithium, and 10 million tons of limestone.
Opportunities
As the government seeks to reduce dependency on gold and diversify the mining sector, foreign firms have a unique opportunity to support this expansion. Mali has also formalized and reformed the process of registering and delivering research and exploitation permits to mining companies.
Gold Nuggets
All our Gold Nuggets are available at the very best prices above the spot price and provides the very best way to own physical gold for large investors. The Gold Nuggets comes supplied with a certificate of authenticity.
Our insured, fully allocated vaulting service offers investors an ideal way to store their metal. Our vaulting solution includes delivery to the vaults individually segregated and fully allocated storage as well as independent audits.
- Our Gold Nuggets are VAT free and are available for secure vaulting or fully insured delivery.
- A high-value delivery service is available for orders over $250,000
- Investors are free to sell back to us or request physical delivery at anytime.
- Parcels are dispatched in secure, discreet and unbranded packaging.
- Supplied in sealed packaging.
- Delivered in discrete packaging.
- Purity/Fineness: 999.9
Zadak Gold Nuggets
