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Gold valuation: Niamey signs an agreement

25/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials Sectors

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The government of the Republic of Niger signed a far-reaching joint venture agreement with Suvarna Royal Gold Trading LLC on Wednesday, April 23, 2025, on Wednesday, April 23, 2025, in the solemn premises of the Maison de l'Uranium in Niamey.

The government's ambition is to build a gold refinery, establish a jewelry manufacturing unit, and build a workshop dedicated to the cutting and polishing of precious stones. The project promises to be a cardinal step in the quest for asserted economic sovereignty. The Minister of Mines declared: “henceforth, the gold drawn from our land will no longer leave our borders in its primary form; it will be sublimated right here, for the exclusive benefit of our people.” This change is part of a wider vision, carried out since 2023 by the National Council for the Safeguarding of the Homeland (CNSP)

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At the heart of this project lies a promise; that of a national economy where each piece of gold transformed generates tangible wealth for the people.

It should be noted that Suvarna Royal Gold Trading LLC selected as a partner is a company, recognized for its expertise in physical gold trading and scrap metal management, bringing valuable know-how to this colossal company.

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