Ariana Resources set to meet investors in Cape Town

Published 23/01/2025, 08:06
Ariana Resources set to meet investors in Cape Town

CAPE TOWN - Ariana Resources plc, an AIM-listed exploration and development company, will be participating in the 121 Mining Investment Conference in Cape Town, scheduled for February 3-4, 2025. This event aims to connect mining company management teams with qualified investors such as portfolio managers, analysts, and metal buyers through private meetings.

The conference, which is a platform for in-person and online investor engagement, will be held at The Welgemeend in Cape Town. Ariana Resources is attending with the intention of engaging with both current and potential investors.

Ariana Resources has a diverse portfolio, including significant gold development projects in Zimbabwe, ongoing gold production in Türkiye, and copper-gold exploration ventures in Cyprus and Kosovo. Among its key assets is the Dokwe Gold Project in Zimbabwe, which boasts a combined JORC Measured, Indicated, and Inferred Resource of over 1.83 million ounces of gold as of June 2024, marking it as the largest undeveloped gold project in the country.

In Türkiye, Ariana holds a 23.5% interest in Zenit Madencilik San. ve Tic. A.S., a joint venture with local partners, which includes the Kiziltepe Mine and the Tavsan and Salinbas projects. The Kiziltepe Gold-Silver Mine has been in profitable production since 2017, with an average annual gold output of approximately 22,000 ounces.

The company also maintains interests in several exploration and development companies through its Australian subsidiary Asgard Metals Pty. Ltd., further diversifying its investment portfolio.

Ariana’s participation in the investment conference is part of its ongoing efforts to communicate with the investment community and provide updates on its projects and strategic developments. This announcement is based on a press release statement from Ariana Resources plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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