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  • Mozambique Manning Mineral Group Revolutionizes Gold Mining in Africa

    Sun Dec 08 2024

    Mozambique Manning Mineral Group (MMMG) is launching a revolutionary project: the mass production of mobile gold mining units specifically designed for the conditions of the African continent.  

    This initiative aims to stimulate the growth of small and medium-sized businesses in the mining industry and empower local residents to engage in gold mining independently, promoting decentralization and increased transparency in the sector. Over 1000 pre-orders demonstrate significant interest in this innovative equipment. The Congo, Ghana, and Mozambique are priority countries for the project's implementation. 

    The uniqueness of MMMG's units lies in their mobility, ease of operation, and affordability for small businesses. The design considers the specifics of the African landscape and climate, ensuring reliable operation even in challenging conditions. «This will allow local entrepreneurs to start businesses with minimal investment, reducing dependence on large mining companies and creating new opportunities for economic growth», - stated Amram Petrosian, Managing Partner of Mozambique Mining Mineral Group.LDA. 


    The MMMG project has enormous potential for the socio-economic development of African countries: 

    1) Job Creation: The development of small businesses in gold mining will create thousands of jobs in rural areas, reducing unemployment.

    2) Improved Living Standards: Income from gold mining will improve housing conditions and access to education and healthcare.

    3) Reduced Dependence on Large Companies: Decentralization will reduce the influence of large corporations and allow local communities to control their resources.

    4) Stimulating Economic Growth: The influx of investment in small businesses will contribute to overall regional economic growth.

    Amram Petrosian emphasizes the company's commitment to sustainable development and plans to work closely with local authorities to ensure environmental safety and prevent illegal gold mining. 

    Elvis Vinson, Director of MMMG.LDA, stated that the project is intended to be a significant step in the development of Africa's gold mining industry, contributing to economic growth and improving the lives of the local population. Successful implementation will require a responsible approach and control at all stages, but the potential benefits for Africa are undeniable. 



    Source: https://eadaily.com/

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