From Business Day Live
Giyani Gold has listed on the Alternative Investment Board (AIX) of the Namibian Stock Exchange (NSX), Africa’s second-largest exchange by market capitalisation.
The company, which has also just listed on the JSE’s AltX sector, will be the third company in the past 30 years to try to make money out of marginal gold resources located in the north-east of South Africa’s Limpopo province.
Its activities focus on exploration in the Giyani Greenstone Belt in the province, an area with historic gold production at shallow depths that has not been extensively mined.
There are no active mines in the area, but there are at least five past-production mines where the company is conducting exploration.
Read more at bdlive.co.za