GoldFinX - Empowering Artisanal Gold Mining

The GOLD extraction will repay the funding with a 15% premium and a 20% Royalty throughout the mine lifecycle, and will be stored in the form of purified GOLD to protect the value of GiX. “ GiX will unlock the Billions of Euros worth of untapped GOLD in this artisanal mining segment with Environment preservation in mind.”

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artisanal gold offering - sabahsharkprotection.org

Tracking, certifying and Exporting Artisanal Gold . Exporting Artisanal Gold from Eastern DRC, the project opted to locate ... gold. The legal impossibility of offering a more modest taxation rate anywhere. Inquire Now; Artisanal gold mining in Suriname TU/e. Artisanal gold mining in Suriname: ... library, I could not have written this thesis.

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Artisanal mining - Wikipedia

Issues. Artisanal mining can include activities as simple as panning for gold in rivers, to as complex as development of underground workings and small-scale processing plants. In any of these circumstances, issues can stem from difficulties in achieving regulatory oversight of a large number of small operations (including issues such as security of land tenure for artisanal miners, to ...

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Decentralized Finance Empowers Artisanal Gold Mining ...

4-5-2020· The artisanal, small-scale gold mining industry represents more than 20 million people across the globe. It is a business of immense potential but also blocked by significant hurdles. However, one company believes these risks can be mitigated through its exciting business model that merges one of the oldest safe-haven assets in the world with advanced blockchain technology.

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Gvt To Pay Artisanal Gold Miners 100 Percent In Forex ...

Previously, the state was offering small scale producers up to 55 percent of their earnings in foreign currency with the remaining 45 percent paid in local currency at a fixed exchange rate. This has led to most artisanal miners opting to sell their gold produce on the black market where they get their earnings wholly in foreign currency.

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Artisanal Gold Mining Crisis, Choco Colombia, COVID-19 ...

ARTISANAL GOLD MINING COMMUNITIES ARE ON THE VERGE OF A CRISIS – THE VIEW FROM CHOCO, COLOMBIA. By Kenneth Porter - April 6, 2020. Posted in: Categories COVID-19 Tagged as: Tags Artisanal Gold Mining, Colombia Part of the COVID-19 and Artisanal Gold Mining Communities series by the Artisanal Gold Council

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Crypto for Empowering Artisanal Gold Miners

GoldFinX is a fintech 2.0 company that provides financing to small artisanal gold miners worldwide. It receives a share of production in exchange. GoldFinX raises funds via an Initial Coin Offering (ICO), selling up to 250 million GiX coins at €2 per GiX.

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GoldFinX - Empowering Artisanal Gold Mining

The proceeds will cover the capital and operation costs during Phase 1 for at least 15 selected Gold mines worldwide. The GiX coin was initially to be listed on major crypto exchanges in Q1 2020, offering liquidity to its holders, but due to the global pandemic caused by the Coronavirus, the listing is …

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Home - Artisanal Gold Council

Our Vision: We envision a formalized, environmentally sound, and socially responsible Artisanal and Small Scale Gold Mining Sector that supplies Responsible Artisanal Gold™ to markets, attracts socially responsible investors and buyers, and encourages ethical consumer behaviours. A Sector universally recognized as a first-rate mechanism of transfer of wealth to those who are challenged by ...

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Unlocking Finance For Artisanal And Small-Scale Gold ...

Artisanal and small-scale gold mining (ASGM) is a significant part of the ASM sector and accounts for approximately 20% of global gold supply. To date, ASGM has been left largely on the margins of the formal economy with little access to formal finance—that is, finance that falls within the purview of international or national law.

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Decentralized Finance Empowers Artisanal Gold Mining ...

4-5-2020· The artisanal, small-scale gold mining industry represents more than 20 million people across the globe. It is a business of immense potential but also blocked by significant hurdles. However, one company believes these risks can be mitigated through its exciting business model that merges one of the oldest safe-haven assets in the world with advanced blockchain technology.

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Artisanal Gold Council - Home | Facebook

Artisanal Gold Council, Victoria, British Columbia. 567 likes · 4 talking about this · 2 were here. Small-scale Artisanal Gold Mining constitutes an important economic sector in more than 70...

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Spread the word! Zambia buys artisanal gold to formalise ...

Zambia's mining investment arm ZCCM-IH has started buying gold from artisanal and small-scale miners in a bid to formalise the unregulated sector whose ranks have swelled worldwide as gold prices ...

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Artisanal Gold Mining is Causing Mercury Pollution | The ...

1-6-2020· Artisanal Gold Mining is Causing Mercury Pollution. Gold is everywhere in modern life, but most people know little about the environmental impacts of gold mining.

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Crypto for Empowering Artisanal Gold Miners

GoldFinX is a fintech 2.0 company that provides financing to small artisanal gold miners worldwide. It receives a share of production in exchange. GoldFinX raises funds via an Initial Coin Offering (ICO), selling up to 250 million GiX coins at €2 per GiX.

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Empowering Artisanal Gold Mining Through …

11-5-2020· As the artisanal market of gold mining is neglected, financing from GoldFinX is expected to be substantial. Its business model is essentially based on the production share model, where the Company takes a portion of profits from the miners’ gold output.

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Gvt To Pay Artisanal Gold Miners 100 Percent In Forex ...

Previously, the state was offering small scale producers up to 55 percent of their earnings in foreign currency with the remaining 45 percent paid in local currency at a fixed exchange rate. This has led to most artisanal miners opting to sell their gold produce on the black market where they get their earnings wholly in foreign currency.

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MARKET ANALYSIS: ARTISANAL AND SMALL-SCALE MINING …

4 | MARKET ANALYSIS: ASM GOLD FROM EASTERN DRC ABBREVIATIONS AND ACRONYMS 3T Tin, tungsten and tantalum 3TG Tin, tungsten, tantalum and gold AGC Artisanal Gold Council ASGM Artisanal and small-scale gold mining ASM Artisanal and small-scale mining ATM Automated teller machine BGR Bundesanstalt für Geowissenschaften und Rohstoffe (Federal Institute

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Getting a Grip on Central Sahel’s Gold Rush | Crisis Group

Artisanal gold mining also has a positive impact in these regions, offering lucrative employment opportunities, which can encourage fighters to lay down their arms. In Côte d’Ivoire, the willingness of some former rebels to work in the gold sector appears to have facilitated the disarmament, demobilisation and reintegration process.

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GoldFinX - Empowering Artisanal Gold Mining

We provide adequate capital to Artisanal Gold Mines worldwide while helping them to employ socially conscious and sustainable mining methods that reduce the negative impact on the surrounding ecological systems. In exchange, we get a 20% Lifetime Royalty share of ALL ongoing production.

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Spread the word! Zambia buys artisanal gold to formalise ...

Zambia's mining investment arm ZCCM-IH has started buying gold from artisanal and small-scale miners in a bid to formalise the unregulated sector whose ranks have swelled worldwide as gold prices ...

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Artisanal Gold Mining is Causing Mercury Pollution | The ...

1-6-2020· Artisanal Gold Mining is Causing Mercury Pollution. Gold is everywhere in modern life, but most people know little about the environmental impacts of gold mining.

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Empowering Artisanal Gold Mining Through …

11-5-2020· As the artisanal market of gold mining is neglected, financing from GoldFinX is expected to be substantial. Its business model is essentially based on the production share model, where the Company takes a portion of profits from the miners’ gold output.

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MARKET ANALYSIS: ARTISANAL AND SMALL-SCALE MINING …

gold mining 13 artisanal and small-scale gold mining 13 large-scale gold mining 15 local traders 18 large traders and exporters / comptoirs 19 upstream market barriers and risks 21 upstream needs and expectations 26 conclusions and recommendations for cvcfg 26 4 – the midstream supply chain 29 transportation, logistics and security 29

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Zambia buys artisanal gold to formalise unregulated mining

Zambia's mining investment arm ZCCM-IH has started buying gold from artisanal and small-scale miners in a bid to formalise the unregulated sector whose ranks have swelled worldwide as gold prices ...

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MINING IN SOUTH SUDAN: OPPORTUNITIES AND RISKS FOR …

The picture that emerges is a remarkable one: artisanal gold mining in South Sudan ‘employs’ more than 60,000 people and might indirectly benefit almost half a million people. The vast majority of those involved in artisanal mining are poor rural families for whom alluvial gold mining provides critical income

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Artisanal Gold Mining: A Dangerous Pollution Problem ...

Artisanal Gold Mining: A Dangerous Pollution Problem by Blacksmith Institute Mercury attacks the central nervous system, affects brain functioning and, in extreme cases, exposure will lead to death. Despite being commonly overlooked, industrial pollution still poses a significant threat to human health, particularly in the case of artisanal gold mining. Global Toxic Pollution – Under […]

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GoldFinX - Empowering Artisanal Gold Mining

We provide adequate capital to Artisanal Gold Mines worldwide while helping them to employ socially conscious and sustainable mining methods that reduce the negative impact on the surrounding ecological systems. In exchange, we get a 20% Lifetime Royalty share of ALL ongoing production.

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Securing a place for artisanal mining post COVID-19

Generally, the Council noted that gold spot prices being offered to artisanal miners fell since the advent of the pandemic. The drop ranges from 19% to as much as 60% in some of these areas. It is trite that the sector is susceptible to a higher degree of negative disruption and market fluctuations because there are no safeguards to insulate such miners from the extremes of volatility.

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Artisanal and Small-Scale Mining

Broadly speaking, artisanal and small-scale mining refers to mining by individuals, groups, families or cooperatives with minimal or no mechanization, often in the informal (illegal) sector of the market. Despite many attempts, a common definition of ASM has yet to be established.

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