The Aurum Gold Fund offers a 100% Asset Backed, Fully Secured Investment in the Gold Mining Industry. The Fund holds operational gold mining companies in East Africa which are already producing gold and own mining fields with proven deposits of the precious metal. Spot Gold price predictions remain bullish in the short and long term.
Companies require acceleration capital to boost production and capitalize on these favorable economic trends. The mines are pre-IPO and require acceleration capital in order to float on a major exchange. Shares are offered at significant discount to expected value as well as paying a distribution of 6% in the interim.
THE COMPANY
The Mangae site is located in the Morogoro region in central Tanzania. They cover an area of 18.7M2.
The Mangae site has been judged to have a probable gold deposit in excess of 1,000,000 ounces.
The site has a fully equipped refinery and production has already commenced.
The site is the first corporate mine in the region amongst mainly artisanal actors.
The Otter Site is located in West Tanzania and covers an area of 24M2.
The site is the first corporate mine in the region amongst mainly artisanal actors.
The site was initially purchased to process gold tailings.
Recently an area with gold deposits has been purchased and mining is planned to commence there in the short to medium term.
THE MARKET
Macro Economic Backdrop
The Coronavirus Pandemic presents several serious macro-economic challenges in the short-medium term globally. Hence, Gold has been heralded in the 2020 as a key portfolio hedging strategy due to it resilience and in certain circumstances, negative correlation to adverse macro economic trends.
The Gold price in H1 2020 increased by 16.8% in US Dollar terms. With analysts predicting further gains for the commodity. As global macroeconomic uncertainty persists, gains in the Gold spot price are likely to be sustained. Gold mining stock offered on listed equity markets are attracting significant interest from large investors wishing to gain deeper exposure to the commodity.
The gold price is generally negatively correlated to global macro economic trends.
Analysing the Gold spot price in this way further underpins its negative correlation to the wider macro-economic picture.
THE TERMS
Currencies
GBP, EUR, USD, ILS, SGD
Investment
Equity Ownership: Aurum Holdings IOM
Security
Investment Secured Against Asset
Available Equity
£50m
First Close
End Q4 2020
Yield
6% p.a. (3% Semiannually)
Minimum Commitment
£50,000
Sectors
Precious Metal Mining
Geography
Africa
Reporting
Annual
CONTACT US
Find Us:
12 Mount Havelock,
Douglas,
Isle of Man
IM1 2QG
Contact us:
info@aurum-holdings.co.uk