From Hauwa'u Mohammed Keffi
Alhaji Auwalu Dantasidi, Founder and Chief Executive of Dantasidi Group, a local Nigerian mining company, announced a significant milestone as his establishment secured a strategic partnership agreement with Saudi Gold Refinery Company Limited. Dantasidi revealed this development during an interview with newsmen in Keffi, Nasarawa state, on Thursday.
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. Dantasidi emphasized that the partnership aims to leverage the strengths of both organizations, fostering innovation and sustainable practices within the industry.
"The collaboration is designed to strengthen our market presence and contribute to the growth and development of the gold industry in Nigeria and Saudi Arabia, focusing on revenue generation, youth and women empowerment, and employment creation," he stated.
A key aspect of the partnership involves establishing a framework to drive gold processing and trading between Nigeria and Saudi Arabia, demonstrating a commitment to excellence, integrity, and responsible business practices.
"We 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 our shared values in sustainable practices, environmental stewardship, and community engagement," Dantasidi added.
Dantasidi clarified that his group is a diversified company primarily focused on mineral exploitation, extraction, and processing. The partnership with Saudi Gold Trading and Gold Refinery signifies their role in bridging the gap between Asian and African businesses, providing strategic services to investors in both regions.
Describing Saudi Gold Trading and Gold Refinery, led by Chairman Suliman Al-Othaim, as a company with over 40 years of experience, Dantasidi highlighted their success and superiority in the gold mining industry. He also praised the state-of-the-art gold refinery owned by Saudi Gold Refinery, emphasizing its impact not only in Saudi Arabia but also in the global market.
