Stakeholders seek development of gold business


Nigeria’s gold refinery, Kian Smith Gold Refinery in collaboration with Noemdek, a Nigeria-based international advisory firm, has said they will create an avenue for stakeholders to brainstorm on the development of gold business in West Africa.

In a statement, the organisations said they planned to do this during their upcoming event aimed at strengthening West Africa’s gold value chain as well as enabling relevant policies and market infrastructure for the gold ecosystem by positioning Nigeria as pivotal to the sector’s development.

The statement said about 150 critical gold sector stakeholders from over 14 countries would be meeting to participate and brainstorm on way forward during the West Africa gold conference in Lagos.

It noted that the theme which is ‘Gold West Africa,’ would help to promote a strong West African public and private sector lobby around gold, put the region top of mind in gold mining, refining and  all that pertained to gold as well as spur economic growth for countries (Ghana, Burkina Faso, Mali, Cote D’Ivoire etc) with gold.

The Managing Director, Kain Smith Trade & Co Ltd, Mrs Nere Teriba, noted that the Nigerian narrative on gold was advancing from gold exploration and mining to gold market and economy.

She said, “The Gold West Africa Conference is focused on developing the gold value chain in the region towards establishing West Africa as a gold market centre.”

The co-host of the conference, Mr Kolade Apata, said, “For the folks who are fortunate enough to attend the conference, they will quickly realise the investment opportunities available with the launch of the gold refinery.

Source: PUNCH.

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