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Corporate - Background Information PDF Print E-mail

Gulf Resources is a resources development and investment company that crosses the divide between Africa and Asia. Gulf’s strategic position aims to maximise the natural development synergies that exist between Africa and Asia. Gulf operates at this new frontier of developed and developing markets in order to uplift shareholder value on a sustainable basis.

 

We seek Sustainable Success through:

•    Partnerships for Prosperity

•    Diversification of Assets

•    Intellectual Expertise and Capital

 

With established bases in Tanzania and Vietnam, Gulf’s team of seasoned engineering, project management and resources specialists are set to develop projects of major significance to both the company and the countries in which Gulf operates.

 

Coupled with a strong investment bias, experienced finance division and high level partnership approach, the group is on a growth trajectory to become a major consolidated resource development and investment enterprise within five years.


Gulf’s current partners include:


•    Hanoi General Export and Import Corporation, a member of the Hanoi General Export and Import Group (“Geleximco”), since its establishment in 1993 has become one of Vietnam’s largest private industrial conglomerates with substantial interests across a  broad range of sectors including mining, finance, manufacturing, commodity trading, agricultural processing, energy and resources.


•    The National Development Corporation of Tanzania, an organisation owned by the Government of the United Republic of Tanzania with a specific mandate to develop, coordinate and implement infrastructural and economic projects through Public Private Partnerships (PPP). Among other things, the Government of the United Republic of Tanzania has mandated NDC, on an exclusive basis, to co-ordinate and guide implementation of the various projects being undertaken in coordination with the Southern African Development Community (SADC) Regional Spatial Development Initiative. Projects identified for the NDC include power generation and transmission, transport infrastructure, telecommunications, water, agriculture, mining, tourism, forestry and fisheries and the development and regulation of Export Processing Zones and Free Ports in Tanzania


•    The Tanzanian Port Authority (TPA) is a statutory body incorporated to establish and coordinate Tanzania’s ports and harbours system and to provide services relating to ports and harbours facilities, including carrier, navigation, stevedore, wharfage and storage services. The TPA is also tasked with the construction and operation of ports and harbours. As an incorporated State entity, the TPA currently owns all the major ports and harbours in Tanzania, including Dar Es Salaam, Tanga, Mtwara and all lake ports in Tanzania.


ASX Listed


Gulf Resources Ltd (ACN 115 027 033) is an Australian public company listed on the Australian Stock Exchange (ASX: GLF). The company was incorporated as and Australian public company on June 30, 2005 and listed on the ASX (Australian Stock Exchange) on 10 August 2006.


Corporate Structure


The company currently has 54.6m shares on issue and 23.3m options exercisable at 20 cents. At a 25 cent share price the market capitalisation is A$12m. Currently the company has approximately 440 shareholders. The top 20 shareholders hold 57% of the issued capital.


Strong Track Record


Gulf has an experienced technical and financial team to implement its growth strategy.  Individuals within the team have successfully funded and managed mining and/or exploration projects within Africa, Asia, South America and Australia. The team has expertise and experience in raising finance (debt, equity and private capital) from various capital markets around the world.


The team capabilities cover management matters as well as funding and technical issues (including mine and exploration geology), mining investment analysis and legal and human resources matters.


Expertise in Sub Sahara Africa & South America


Our team has operational, development and exploration expertise in Botswana, South Africa, Zambia, Ghana, Burkina Faso and Namibia.

 

 

http://www.gulfresources.net.au/,