Blaze Metals, a prominent mining and metals company headquartered in Dubai, United Arab Emirates, has committed to expanding the market for East Africa’s gold. The company has recently attained United Nations Global Compact participation status, which supports businesses worldwide in adopting sustainable and socially responsible policies.
Speaking to the media, Blaze Metals Chief Executive Officer, Prince Oheneba Kofi Poku, emphasized the company’s dedication to transforming the entire mineral value chain in East Africa. By doing so, the company aims to make it easier for the region’s minerals to be traded on the global precious metals market. Blaze Metals plans to invest in initiatives that formalize the operations of East African artisanal and small-scale miners, who currently dominate the sector.
This formalization effort is expected to enhance mineral traceability and certification, reducing the incidence of mineral smuggling and illegal exploitation of valuable resources such as tin, tungsten, tantalum, and gold. The company’s commitment extends to supporting and advancing the United Nations Sustainable Development Goals (SDGs), with a particular focus on areas where its operations can have the most substantial impact.
Blaze Metals intends to address environmental concerns by implementing land restoration measures and supporting artisanal miners in adopting safer and more environmentally friendly mining techniques. The company will also provide these miners with access to efficient tools, health and safety equipment, and support community projects such as education and healthcare, all of which aim to reduce the risks associated with mining.
Prince Poku highlighted Blaze Metals’ dedication to creating long term value for both customers and industry stakeholders, while ensuring that their operations contribute positively to the environment and local communities. He noted that the company’s membership in the UN Global Compact aligns with its core values and enhances its ability to contribute to global sustainability efforts.
This commitment from Blaze Metals comes at a critical time for many commodity dependent economies, which are currently facing significant challenges. Swift policy changes are needed to accelerate the transition towards a more sustainable and environmentally friendly future.
