About
Gold
Our principal operations are located in The Democratic Republic of Congo’s most prolific gold mining provinces and in The Republic of Zambia.
Our footprint
Salimbo Mining & Investments Limited operates a fully integrated global Gold exploration, mining and sales and marketing business, with a strong and trusted profile in both established and developing markets. Salimbo’s Gold business comprises of over 8 regular companies around the world.
A Life Necessity
About GOLD
Gold, like no other metal, has a fascinating history and a special place in the world. For thousands of years it has been used as an ornament of kings, a currency and standard for global currencies, in competitions as symbol of victory and more recently, in a wide range of electronic devices and medical applications. Ancient civilizations used gold for the decoration of tombs and temples.
In modern days, the International Monetary Fund (IFM) and the World Bank (WB) suggested the use of gold as monetary reference, i.e., the value of a bill guarantees a given amount of gold. In sports the winner gets a gold medal. Other example of gold as symbol of power, health and prosperity.
Pure gold is soft and is usually alloyed with other metals, such as silver, copper, platinum or palladium, to increase its strength. Gold alloys are used to make jewelry, decorative items, dental fillings and coins. The amount of gold in an alloy is measured with a unit called a karat. One karat is equal to one part in twenty-four, so an 18 karat gold ring contains 18 parts pure gold and 6 parts alloy material.
Gold has unique physical chemical characteristics that made it very valuable. Gold is the most maleable and ductile of all the metals. One ounce of gold can be drawn into more than 80 Km of thin gold wire. One ounce of gold can be beaten into a sheet covering 9 square meters and 0.000018 cm thick. Gold has an electrical resistivity of 0.022 micro-ohm and a thermal conductivity of 310 W m-1. Hence, it is very efficient for the transmission of heat and electricity. Gold has the highest corrosion resistance of all the metals and it is corroded only by a mixture of nitric and hydrocloric acid. Gold is a noble metal because it does not oxidize.
Our Vision
Our vision is to be the world’s most valued gold mining business by finding, developing, and owning the best assets, with the best people, to deliver sustainable returns for our owners and partners.
Our Operations
Our portfolio is primarily focused on high-margin, long-life gold operations and projects clustered in the world’s most prospective gold districts, supported by a robust copper business.
Sustainability
At Salimbo, we partner with host governments and communities to transform their natural resources into sustainable benefits and mutual prosperity.
Get In Touch
Plot No. 21 A Great East Road, Avondale, Lusaka.