African Gold Peer Comparison slide image

African Gold Peer Comparison

5 Mozambique Focus GOVERNMENT ✓ Politically stable ✓ Multi-party democracy ✓ Resilient GDP growth (post Covid-19) currently estimated at 4.2% in 2022 and 6% in 2023 (1) ✓ Mozambican Mineral Resources governed by Mining Law 2014 (2) ✓ 6% Production Tax (2) ✓ Mining concessions valid for 25 years and can be extended for a further 25 years REPUBLICA DE MOÇAMBIQUE (2) INVESTMENT ✓ Economic growth rate of 6%-8% in decade leading up to 2015, one of Africa's strongest performances (3) ✓ Multi-billion-dollar investments in resource discoveries (9) ✓ Projected US$ 55 billion LNG investment equivalent to 4 times GDP (9) US$ 9.957 billion of IBRD/IDA commitments (8) Significant resource discoveries: Gold, Graphite, Rubies, Coal, Heavy Mineral Sands, Titanium, Tantalite, Vanadium, Iron Ore, Marble, Kaolin, Copper, Natural Gas (5) (6) (7) INFRASTRUCTURE ✓ 7 ports creating entry & exit points for inland neighbours (4) ✓ Multiple international airports (3) ✓ Over 30,000 km road network (3) ✓ Over 4,787 km of rail systems (3) AFRICAN LIONS GOLD plc (2) SAL & CALDEIRA ADVOGADOS, LIMITADA - Legal Framework for Mining Activities, October 2021
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