The company said that in view of the overwhelming demand received, it is currently expanding its resource base and venturing into Mali to engage in long-term supply of the precious metal.
El Maniel CEO Jamie Khoo said that the company’s gold trading arm in Ghana will eventually operate as its regional hub for future transactions and this enables El Maniel to sign up for more forward contracts to deliver physical gold.
"El Maniel International remains focused in the gold business and we are rigorously capitalizing on this domain by increasing our resource base to bring value to the company," Khoo said.
