Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Rigged elections in Mozambique trigger violent protests.
.https://www.reuters.com/world/africa/violent-protests-break-out-mozambique-after-local-elections-2023-10-27/
Tanzania Gold Mines >> https://www.tanzaniainvest.com/gold
https://www.kitco.com/news/2023-04-28/Being-stuck-at-2-000-is-not-a-bad-thing.html
Recent shocks in global banking have altered the script on growth, rates, and ultimately precious metals prices. We now forecast the gold price to eventually break its previous record high and target USD 2,200/oz by the end of March 2024. Hence, with uncertain times set to continue over the year ahead, we recommend holding gold as a portfolio hedge.
Source: UBS (Switzerland), 2023.
For those of you interested in Tanzania's gold >> https://www.tanzaniainvest.com/gold
https://www.tanzaniainvest.com/mining/new-luika-gold-mine-production-2022
Africa Set for Fertiliser Boom as Food Crisis Remains Critical
A fertiliser boom is breaking out across Africa as calls for food security gain momentum amidst a widespread continental food crisis. With an estimated 346 million people on the continent negatively impacted by a severe food crisis, according to the Food and Agriculture Organisation (FAO), the use of fertilisers has become more central, even as environmental and green farming activists call for caution...That said, Africa has barely used fertilisers. Only six percent of Africa's cultivated land is irrigated, and the average fertiliser consumption in sub-Saharan Africa is estimated at 17 kilogrammes of nutrients per hectare of cropland, according to the Alliance for a Green Revolution in Africa (Agra). That is only a drop in the ocean when compared with a world average fertiliser consumption of 135kg/ha. East African (20 SEP 2022)
The Jeune Afrique's article concludes: the Kingdom is determined to become a top potash producer. In Feb 2021, the Office National des Hydrocarbures et des Mines (ONHYM) is set to explore another potash deposit at Boufakrane, circa 100 Km
from Khemisset.