Investor Relations
A Compelling Case for African Gold.
Keld Mining offers institutional and sophisticated investors direct exposure to one of the world's most productive and underserved gold regions — backed by a decade of operational track record and institutional-grade governance.
Why Invest
The Structural Case for African Gold
Gold demand is structural, not cyclical. Central bank accumulation, dollar debasement, and geopolitical instability have driven gold to multi-decade highs — and the supply side has not kept pace. Africa holds an estimated 40% of the world's undiscovered mineral wealth, yet remains dramatically underexplored relative to other major mining jurisdictions.
Keld Mining is positioned at the intersection of these two realities: a proven operator with active production in Zimbabwe and a high-upside greenfield position in Ghana's Ashanti Belt — one of the world's most historically productive gold regions.
Proven Production
Active open-pit production in Zimbabwe's Midlands Greenstone Belt, with 1.4 million ounces of defined reserves and a 2.8 Mtpa processing capacity.
Exploration Upside
340 km² of newly acquired concessions in Ghana's Ashanti Gold Belt — a region responsible for over 50 million ounces of historical production.
Institutional Governance
IFC Performance Standards, Equator Principles, and ICMM Sustainable Development Framework applied across all operations. AAA ESG rating.
Experienced Management
Founded and led by Michael and Grace Norman — over 30 years of combined experience in African resource extraction and capital markets.
Reports & Disclosures
Transparent by Design
Keld Mining publishes annual sustainability and financial reports, independently verified and available in full. We do not practise selective disclosure.
Annual Report 2025
Full-year financial results, operational review, and sustainability performance across Zimbabwe and Ghana.
Sustainability Report 2025
Environmental, social, and governance performance data, independently verified against IFC and ICMM standards.
Corporate Governance Framework
Board composition, committee structure, remuneration policy, and risk management framework.
Resource & Reserve Statement 2025
JORC-compliant mineral resource and ore reserve statement for the Zimbabwe Midlands operation.
Corporate Governance
Institutional Standards. Frontier Markets.
Keld Mining applies the same governance frameworks demanded by the world's largest institutional investors — regardless of the jurisdiction in which we operate. Our board includes independent non-executive directors with backgrounds in international mining, capital markets, and ESG.
Michael Norman
Executive Chairman & Co-Founder
30+ years in African resource extraction. Previously VP Exploration at a FTSE 100 mining major.
Grace Norman
Chief Executive Officer & Co-Founder
Former investment banker specialising in African natural resources. MBA, London Business School.
Derek Holliday
Independent Non-Executive Director
Former Director General, Ghana Minerals Commission. Expert in West African regulatory frameworks.
Lorcan Holliday
Independent Non-Executive Director
ESG specialist. Previously Head of Responsible Investment at a major Nordic sovereign wealth fund.
Investor Enquiries
Speak to Our Investor Relations Team
For institutional enquiries, fund manager briefings, or to request a copy of our investor presentation, please get in touch with our IR team directly.
Request an Investor Pack
Send us a message and our IR team will respond within one business day with our latest investor presentation and data room access details.
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