Dantasidi Group, Nigerian Mining Company Secures Partnership with Saudi Gold Refinery

1 483
CBN

By Olu Benjamin

 

Alhaji Auwalu Dantasidi, Founder and Chief Executive, Dantasidi Group, a local company in Nigeria’s mining industry says his establishment has secured a strategic partnership agreement with Saudi Gold Refinery Company Limited.

 

CBN

Dantasidi made this known in an interview with newsmen in Keffi local government area of Nasarawa state Thursday.

 

According to him, the collaboration marks a significant milestone in the global gold trading landscape as under this agreement, Dantasidi Group and Saudi Gold Refinery will combine their expertise and resources to enhance the efficiency and transparency of gold trading operations in Nigeria and Saudi Arabia.

 

“The partnership aims to leverage the strengths of both organizations, fostering innovation and sustainable practices within the industry.

 

“Together, we envision a mutually beneficial relationship that not only strengthens our market presence but also contributes to the growth and development of the gold industry in Nigeria and Saudi Arabia especially in Revenue Generations, Youth and Women Empowerment, and Employment Creation,” he said.

 

He said a key aspect of the partnership include the setting up of a framework that would drive the Gold Processing and Trading between Nigeria and Saudi Arabia by demonstrating a commitment to excellence, integrity, and responsible business practices.

 

“Both parties are excited about the opportunities this collaboration presents and are confident in the positive impact it will have on the gold trading and refining sectors.

 

“This partnership aligns with Dantasidi’s and Saudi Gold Trading and Gold Refinery’s shared values in sustainable practices, environmental stewardship, and community engagement.

 

“Through collaborative efforts, we aim to set new standards, fostering innovation and sustainable practices that will benefit stakeholders across the value chain,” he added.

 

Dantasidi then explained that his Group is a diversified company with primary interest in mineral exploitation, extraction and processing.

 

He explained further that the group is an household name in bridging the gap between Asian and African businesses, helping to provide strategic valuable services to Asian investors in Africa and vice- versa hence the partnership with Saudi Gold Trading and Gold Refinery.

 

He described Saudi Gold Refinery Company led by its Chairman, Suliman Al-Othaim as a company renowned for its success and superiority in the gold mining industry with over 40 years of experience.

 

“The Saudi Gold Refinery also boasts of a state of the art gold refinery which is a game changer not only in Saudi Arabia but also in the global market,” he said.

 

END:::::::::::::::

0 0 votes
Article Rating
Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Murtala
Murtala
11 months ago

it’s the best partnership

1
0
Would love your thoughts, please comment.x
()
x