Three men from Gabiley find 3 kilos of Gold in Sanaag mountains

[Barkhadle1520]

Sanaag has around 30 billion $ worth in gold and hundreds of billions worth in other mineral resources

These men made 100k$ each in one day

 

[Barkhadle1520]

 

[Barkhadle1520]

Small goldmine in Cerigabo

 

[Barkhadle1520]

Its cool to see people are using modern equipment now, back then it was just your two hands

 

[Barkhadle1520]

This guy found a big nugget

 

[The Oponian Guild]

Congratulations to the enterprising chaps

 

[Barkhadle1520]

SL opened the biggest Gold mining plant in the horn this August in Sanaag, run by a local company, same place where that dude above found the gold nugget, Cirshida

Landmark Gold Plant Opens in Somaliland’s Sanaag; Minister Barre Inaugurates Facility and Distributes Humanitarian Aid - SomalilandCurrent.com

By Goth Mohamed Goth Sanaag – Eng. Ahmed Jama Barre, Somaliland’s Minister of Energy and Minerals, officially inaugurated the Horn of Africa’s largest gold mining plant during a working visit to the Sanaag region. The facility, developed by the Xididmadow Company, is located in the Cirshiida...

www.somalilandcurrent.com

 

[Idilinaa]

I guess it make sense that they must have struck it big because they launched gold trading platform:

I suspect a similar dynamic exists with gold. Somali trading companies headquartered abroad often purchase gold and then resell it to Somali businesses or retailers, who in turn sell to wealthy customers or distribute it globally. In effect, Somalis act as their own middlemen in their own trade.

For example, this one company has offices in both the UAE and Somaliland located in Hargeisa’s Burj Omar Business District and the Gold Souq, where Somali shops operate. According to their website, they manage billions in assets owned by 50,000 Somali investors, who receive monthly returns. They fund gold mining and processing operations in Somaliland and maintain a transparent supply chain that complies with Islamic finance rules and certifications:

 

[Shimbiris]

Someone should have told my dad. Back when I was still a pre-teen he dumped like $2 Million USD looking for gold out in the general Bari-Sanaag mountains area. Nothing came of it and since then my fam and I have always looked side-eyed at anyone even remotely talking about gold-mining. When I was in Bari on a roadtrip during the summer of '23 I remember the adeer driving the bus rambling about the mountains being rich in gold and I just nodded along sarcastically.

Hope I'm just bitter and wrong. Kekekeke.