
In 2024, global gold demand (including over-the-counter transactions) reached a historic record at 4,975 tons with a total market value of $382 billion. Amid rising market volatility and increased global risks, central banks worldwide have continued large-scale gold purchases, which underscores gold’s crucial role in international reserve portfolios.
Deuventi owns two gold mines in Tanzania and Uganda respectively.
Deuventi’s two major gold mining sites in Tanzania’s Lindi region are situated by the Mbwemkuru River and its tributaries. These ancient sandstone formations, alluvial deposits, riverbeds, and placer layers exhibit high gold content, facilitating extraction-friendly conditions. The mines demonstrate strong competitiveness and, according to on-site geological assessments, hold significant exploration potential for further discoveries.