Emirates Gold to be bought by a precious metal and critical mineral company which is listed on the London Stock Exchange
LSE listed ownership and new management brings global reach to Emirates Gold
Emirates Gold to undergo a comprehensive change of its strategic direction, with a focus on building an unparalleled strong reputation for supply of ultra-high purity gold and silver bullion
UAE-Dubai: Emirates Gold DMCC, the UAE’s pioneer in precious metals refining, today announced that Rockfire Resources plc, the gold, base metal and critical mineral exploration company is executing a conditional share purchase agreement with Paloma Precious DMCC for the acquisition of its entire refining and minting franchise.
The acquisition and the ensuing integration are expected to cover all aspects related to Emirates Gold’s operations, ranging from sourcing, refining, minting, product distribution and market presence.