It is clear that with a more systematic and scientific approach, Artisanal and Small Scale Mining can become economically, socially and environmentally sustainable. Our focus is the approximately 12 000 Artisanal and Small Scale Gold Mines in Zambia, Democratic Republic of Congo, Tanzania, Mozambique, Ghana, Uganda, Rwanda, Kenya, Nigeria and Zimbabwe. In each of these regions one or more support centres are being established. The approach, from a Responsible Private Sector perspective is to Support, showcase and develop Small Scale Artisanal mines with a structured package comprising of Technology, Access to Equipment, Access to Human Resources and Capital.
... Our Strong Relationships throughout Africa is a critical enabler of our success ....
Equipped Labs for each Support Centre
We have utilised our regional relationships to identify Artisanal and Small Scale Gold Mining activity in financially and socially underserved areas across Africa. In most of these instances the necessary skills and equipment are available locally and is not seen as a constraint neither are there unsurmountable legal obstacles (in many instances there are none). Through these relationships we are establishing support centres near clusters of Artisanal and Small Scale Miners.
Small Scale Mines that form part of this Exchange Trust initiative will benefit from:
Access to resources (equipment, infrastructure) to improve mining conditions (health, safety, environment) and mining efficiency
A pricing strategy that is linked to global market pricing and not cannibalistic pricing approaches that will otherwise not achieve sustainability or economic viability
Support centres will provide skilled resources such as Geologists, Mine Engineers, Quality assessors and Business Coaches to enhance the value development of the small scale mine
Achieving linked social economic activity within the community including education, health care, retail business activity
Achieving an environmentally sensitive mining approach and model to support sustainability
The Exchange Trust Impact Funding for Artisanal and Small Scale Mining is a high security and value generating activity. Our model is designed to generates a "First-Mover" investor opportunity that creates a catalytic effect in the local community with reference to job creation, education, food, regional taxation and health provision in an economically viable and self sustaining manner. Through our global industry relationships that provides gold ore refining, security, logistics, quality assurance and banking we are able to provide our investors with a high quality direct ownership of Gold in the form of 100g, 250g, 500g and 1000g bars. The initiative in each location has substantial community and political support, it is viewed as a localised community project and is protected by the populous itself.