Fundraising Valuation for a Gold Exploration Company in Africa

Hello everyone,

I’m new to this community and very pleased to join such a global network of finance professionals.

By way of introduction, I’m a financial analyst with prior experience at KPMG in France and Algeria.
I’m currently working on a valuation and fundraising project for a company involved in gold exploration and mining operations in Africa.

As this is a new sector for me, I would greatly appreciate your recommendations on:

• The most relevant valuation methods for this type of business (DCF, NAV, sector multiples, etc.);
• Key industry-specific factors and subtleties to pay attention to (gold price volatility, geological risks, regulatory aspects, etc.);
• Any best practices or resources you’d suggest for a deeper understanding of mining valuation.

Thank you in advance for your valuable insights and experience sharing.
Looking forward to engaging with you all.

Best regards,
Said MEDJEBER