Latest News
Digitisation is mining sector's biggest disruptor – study
News Highlight
Tresor Gold is in the process of raising capital to develop its gold projects in Sierra Leone and strategically acquire critical metal projects in West Africa.
A recent international study by Tresor Gold, a junior mining company with its headquarters in New York City, has found that digitisation of operations is at the forefront of the transformative wave in the mining sector.
The study, which included input from various institutional investors such as pension funds, private equity, venture capital, family offices, and sovereign wealth funds, highlighted that nearly two out of five (38%) cited the transition to digitisation as the most significant disruptive factor in the industry undergoing a seismic shift.
Additionally, 27% of the interviewed institutional investors pointed to shifts in operating models throughout the sector as the second most impactful disruptive factor. The study asked investors to rank six disruptive changes the mining industry is currently experiencing.
Currently, Tresor Gold is in the process of raising capital to develop its gold projects in Sierra Leone and strategically acquire critical metal projects in West Africa. The company said it recognises the untapped potential of Sierra Leone's mining sector, characterised by vast unexplored opportunities and a mining-friendly government with transparent policies. Notably, Sierra Leone's clean hydro power infrastructure and well-connected asphalt roads further contribute to its favourability.
According to a statement sent to Financial Nigeria, Tresor Gold focuses on commercial-grade gold and critical metal projects in West Africa, leveraging geotechnical data and AI-powered, predictive analytics to identify promising mineralisation targets. With a strong commitment to positive sustainable impact and stewardship, the company adheres to the World Gold Council's Responsible Mining Principles and aligns its business practices with the UN's Sustainable Development Goals.
Related News
Latest Blogs
- Prospects of a cruise ship port in Nigeria’s blue economy
- Insights from Alame V Shell on corporate liability for environmental damage
- Threats and mitigation strategies against plastic waste in agriculture
- Iran v Israel, what it means for Nigeria
- CBN’s new false solutions for the banks
Most Popular News
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- Global foreign direct investment falls for second consecutive year – UNCTAD
- Allianz identifies wildfires as a growing global threat
- UNESCO highlights economic, cultural potential of Africa's book industry
- Global carbon pricing mobilises over $100 billion for public budgets
- Mobile industry emissions cut must double to hit net zero