A partnership opportunity with a different kind of mining company. One that makes you money.
In uncertain times, the value of gold increases. That’s a certainty.
Dating back to ancient Sumer, the earliest known civilization in the historical region of southern Mesopotamia, Guskin is the oldest word for gold in the world. Guskin is now the newest word for gold in Ghana. Guskin Gold is focussed on 4 progressively stepped opportunities in Ghana to ensure diversification of revenue, cashflow, and shareholder value.
1. GOLD EXPLORATION
2. ECO-FRIENDLY ALLUVIAL MINING
3. GOLD PRODUCTION
4. GOLD EXPORT
Ghana is the number one gold producer in Africa and the seventh largest gold producer in the world.
Ghana has risen two places since 2017, to the seventh largest gold producer in the world. In 2018, Ghana exported 158 tonnes of gold, a 15 percent increase from the previous year, and is now the largest gold producer in Africa. In the process, Ghana has eclipsed South Africa, the leader for decades.
Gold mining was a major source of wealth and trade as far back as the Ghana (Wagadou) Empire (c. 300 – c. 1100) and in more recent times when it was known as the Gold Coast.
During 120 years of near continuous production, Ghana’s largest underground mine, AngloGold Ashanti’s Obuasi mine, has recorded production exceeding 33M oz of Au. In the last 20 years, major and junior companies including Newmont, Kinross, Goldfields, Golden Star, and Perseus, have also committed significant resources to operations in the country.
Why partner with Guskin Gold?
Guskin Gold is focused on 4 stepped opportunities in Ghana to ensure diversification of revenue, cashflow, and shareholder returns for our stakeholders and partners. Ghana’s artisanal and small-scale mining (ASM) sector continues to grow in size and significance. Its contribution to wealth creation, employment and the economy make it one of the nation’s most important livelihood activities, directly employing an estimated one million people and supporting approximately 4.5 million more. Artisanal and small-scale mining accounts for 35% of Ghana’s total gold production. This method of gold extraction is culturally significant, tracing back as far as the 15th century. It continues to be an important means of livelihood for many relatively low-income Ghanaians and is highly significant for the economy as a whole. Gold production from the small-scale gold mining industry has increased nearly tenfold since 1989, from 17,234 ounces to almost 1,500,000 ounces in 2014 (Hilson, 2001; MinCom, 2015b). Ensuring environmentally frindly mining. Guskin has adopted the UK’s Fairtrade and Fairminded ‘Green Gold’ initiative, which pays licensed small-scale miners a 15% premium over the international price for the adoption of environmentally friendly processing techniques. Based on the traditional African technique for the extraction of gold employing natural materials in lieu of mercury, miners use balsa tree leaves to produce a soapy film when washing the gold in water. The film traps lighter minerals, effectively separating them from the heavier flakes of gold.
Partner with us.
- Sign Mutual Non-Disclosure and Circumvention Agreement
- Guskin due diligence, owner to provide technical information on the property
- Guskin to issue Letter of Intent, a preliminary Term Sheet outlining potential deal parameters.
- Meeting to review of deal parameters with partner
- Draft and execute Definitive Agreements