At XGold Corporation we are expanding our operations and are looking to increase and update production chains with advanced technical equipment. We are also forging new relationships with smaller mining operations that will get an economic lift via our process of business agglomeration. We know smaller operators spend most of their production on supplies and diesel, etc. And, worse they don’t use cash for these necessary purchases, they use unrefined gold. This costs them very highly. In fact, it forces the smaller miners into “poverty traps”.
Our business model intends to end these “traps”. With allocated proceeds, we will advance equipment to increase their production and at the same time secure discounted pricing on that production. An equity approach based on fair trade through common interests allows profits, lives and communities to live sustainability.