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PG Natural Resources

PG Natural Resources is a diversified resource company with the majority of its operations in Mali, West Africa. Having successfully developed and operated a highly profitable alluvial gold mining project based in Bamako, Mali, PGNR has also built local and national infrastructure to support and expand existing operations and to initiate new projects.

World economics are such that several factors with long-term inflationary consequences have become entrenched in the global monetary structure. G-20 central banks continue to expand the money supply and maintain exceeding low short-term interest rates. With the US Federal Reserve taking a leading role in this phenomenon, the US Dollar continues its long-term decline putting well-documented pressure for continued rising commodity prices. Over the next decade economists are near unanimous in predicting rising gold, energy, and commodity prices setting up intriguing possibilities for PGNR.

Mali, West Africa is currently the 3rd largest gold producing country in Africa behind only South Africa and Ghana. Due to Mali’s unique geology, gold is abundant in seams as well as in alluvial, elluvial, and residual placer deposits. Large-scale gold mining is a relatively young industry in Mali and can expect exceptional growth. In addition, the Malian government has a history of stability and a true multiparty democracy and has revamped its mining codes to encourage mining and exploration.

PGNR’s mission is to operate and expand current mining facilities and to explore and further develop opportunities on the land concessions it has attained. In addition, PGNR is fully licensed to perform alluvial mining, land mining, to transport, import, and export precious metals, and has operational refining capacity for first step gold production.

© 2011 PG Natural Resources