Afrimex is proud to provide a full spectrum of gold mining services, as well as assisting clients in the buying and selling of gold. The company is equipped to meet many investment styles and levels of risk tolerance, priding itself on providing its clients with consistently high returns. Afrimex’s founders recently attended the LBMA/LPPM Global Precious Metals Conference in Koyoto, Japan, where expert speakers tackled some of the industry’s most pressing topics.
Although traditionally associated with jewelry and bullion, gold plays a vital role in the modern world, forming part of many of the digital devices people use every day. In fact, gold is everywhere; it is found in everything from smartphones to complex medical equipment. Analysts estimate that demand for gold in technology will only increase, with these market shifts shaping a new future for the gold industry and creating even more opportunities.
One of the world’s most expensive metals, gold is typically associated with the luxury goods market. However, in reality, the electronics industry is one of the largest gold consumers. Due to its high corrosion resistance and electrical conductivity, gold is an integral component in many modern technologies today, ensuring their reliability and durability.
Take for example a PC. Were its connectors to rust after a few months of use, this would be catastrophic. Unlike most other metals, gold remains stable, ensuring optimal connections over the long term. It is also an excellent electrical and thermal conductor, ranking as the third most conductive metal after copper and silver. Its non-corrosive nature under ambient conditions makes gold an ideal material for electronic contacts in the form of very thin gold plating.
Gold’s electrical conductivity, resistance to corrosion, and malleability make it perfect for use in smartphones, computers, and other electronic devices. However, the metal’s uses are not limited to traditional applications. Advances in nanotechnology are opening up new avenues for its use, with researchers integrating gold nanoparticles to create ultra-sensitive medical sensors and improve the performance of semiconductors. These innovations create scope for even greater demand for gold in the coming years. Always striving for reliability and performance, technological innovators appear to have found a powerful ally in gold.
With a size of just 20–500 nanometers, gold nanocages are gold particles with porous walls and a hollow cubic structure. Their potential applications include everything from photothermal therapy to drug delivery. First developed by a group at Washington University in 2022, the hollow center of a gold nanocage creates particular potential in the realms of controlled release drug delivery. Meanwhile, measuring just one nanometer in thickness, single-crystal two-dimensional gold opens up new opportunities for applications in high-performance ultrathin, photonic, optoelectronic, and quantum devices.
Technological and industrial demand for gold is constantly evolving. In terms of both volume and value, global demand for gold has reached record levels. In cutting-edge sectors such as medicine and aerospace, gold is increasingly being utilized due to its exceptional properties. In the world of healthcare, gold’s non-reactive, biocompatible properties are supporting the development of reliable and safe medical devices. Meanwhile, gold is increasingly being utilized in the manufacture of satellites, with its non-reactive, noncorrosive properties helping to shield them from extraterrestrial radiation.
Much more than just a precious metal, gold is an essential component in many modern technologies, with its role continuing to evolve in line with technological and scientific advancements. Gold is a major asset for the development of society, paving the way for the creation of new technologies and potentially whole industries.
Afrimex has pioneered the gold mining industry in Ghana, Africa’s largest gold-producing nation. Established in 2019, the company is an indigenous mining support enterprise headquartered in Accra. Afrimex stands as a beacon of adaptability and innovation, continuously shaping its demands to meet and exceed the diverse demands of the ever-evolving world of gold mining.
