Asia Pacific Investment House (APIH) announces it is leading the funding for Mali Petit Gold Mine in Banko, just 3 hours from Bamako and investor subscription now open.
The Mali Petit Mine will be managed by a highly qualified European Management team, comprising Italian and British expertise with several years on-ground experience in Mali and strong local ties. Due to be inaugurated in 2014 and over a subsequent 3 year period, it is estimated that between 2000-3000 local jobs will have been created, providing much needed sustainable employment for the area.
As a result of extensive research, the new Mine operations will use high-tech Canadian machinery utilizing water rather than chemicals, ensuring that it is Eco-Friendly and causes no damage to the environment and the land remains habitable.
Leading the Mine’s humanitarian activities and community give-back will be the Mali Petit Mine Foundation through its ‘Social Responsibility Charter’. Initial plans include the building of roads, installing new wells, supporting local schools and upgrading the current telecoms infrastructure.
Marco Di Biase, Founder, Project & Mine Director said “Working with experienced local operators and selling on the local market, Mali Petit Mine will establish a continuous revenue opportunity for the local workforce, putting money back into Mali”.
As the third largest producer of gold in Africa behind South Africa and Ghana, Mali continues to reap from the boom in gold mining, with the mining industry said to have major growth potential. In a brief interview with Reuters after taking office, Mali’s Mine Minister Boubou Cisse said his ministry aimed to increase the contribution of the mining sector in the national economy from around 8 percent at present to 15 to 20 percent in the long term.
Asia Pacific Investment House (APIH.asia) is a leading Venture Capital company, registered in the off-shore regime of the British Virgin Islands, with its Operating HQ in Singapore’s financial district. It’s partnered with Santos Vanderbilt, a specialist Investment Marketing Centre located in Barcelona, Spain. With a substantial and diverse global client base APIH provides funding across a wide range of sectors and offers clients Turnkey Consultancy Services and Project Investment Opportunities.