Our Mining Footprint
The ideal mining projects for GoldFinX are small operations with huge potential. We are prioritizing the alluvial cooperatives and open-pit mining operations, and excluding the in-situ (underground) mining operations in our mine selection process. Each project is thoroughly analyzed internally by our in-house experts and validated by our Mining Selection Committee composed of experienced, seasoned geologists and mining industry experts.
Ideally, each Co-op partnership should possess approximately 400,000 to 500,000+ oz of gold reserves. By the end of the life of our selected mines, it should have generated (at today’s average market price per oz of €1,500) more than €750,000,000.
Gold delivery produced by mines from the Ivory Coast and funded by GoldFinX began in the second quarter of 2021. Other mines in Canada, Tanzania, and Bolivia will receive their state-of-the-art equipment in the first quarter of 2022, with production expected in the middle of 2022.