Sector Experts

Nana Sangmuah

Clarus Securities

Image: Nana Sangmuah

Nana Sangmuah is managing director of research at Toronto-based Clarus Securities. His previous industry experience includes the Prestea underground mine, AngloGold Ashanti's Obuasi and Iduapriem mines, and Gold Fields' Damang gold mine. He has over eight years of global mining equity research experience that covers more than 60 mining companies worldwide in the gold, base metals and diamond sectors and has in-depth knowledge of mining projects in West Africa. Sangmuah completed a Master of Business Administration in finance at the University of Toronto's Rotman School of Management in 2004 and obtained his Bachelor of Science in engineering from the University of Mines and Technology, Ghana, in 1999.




Recent Interviews

Invest in Africa Now: Nana Sangmuah (4/27/12) Last year, Africa was the region that witnessed the strongest growth in gold-mining operations. In an exclusive interview with The Gold Report, Nana Sangmuah, managing director of research with Toronto-based Clarus Securities, expects that trend to continue and suggests some immediate smart investments in Ghana, Mali, Liberia and the Democratic Republic of the Congo.

Nana Sangmuah: African Takeouts on the Menu (10/29/10) Clarus Securities Analyst Nana Sangmuah was born in Ghana, West AfricaŚa growing hot spot for gold exploration. He believes several gold juniors operating in West Africa are prime takeover targets and expects merger and acquisition (M&A) activity to heat up as the major gold producers seek to replenish their diminishing project pipelines. In this exclusive interview with The Gold Report, Nana reveals a few juniors on both sides of the Atlantic that could fall prey to larger predators.

Recent Quotes

"TGM increased its Karma resources to 5+ Moz." (3/14/14) True Gold Mining Inc. - Nana Sangmuah, Clarus Securities Moreá>

"TGM recently completed a $52M equity financing to advance Karma." (3/5/14) True Gold Mining Inc. - Nana Sangmuah, Clarus Securities Moreá>

"We're comfortable with TGM's Karma project, resource growth and derisking milestones." (1/28/14) True Gold Mining Inc. - Nana Sangmuah, Clarus Securities Moreá>

"Holes from TGM's Kao North showed 1.45 g/t weighted average grades." (1/21/14) True Gold Mining Inc. - Nana Sangmuah, Clarus Securities Moreá>

"TGM has delivered another milestone by signing a $90M debt financing." (1/17/14) True Gold Mining Inc. - Nana Sangmuah, Clarus Securities Moreá>

"We initiate coverage on TGM with a Buy rating." (1/8/14) True Gold Mining Inc. - Nana Sangmuah, Clarus Securities Moreá>

"We remain confident in ORE's ability to unlock value for shareholders." (11/14/12) Orezone Gold Corporation - Nana Sangmuah, Clarus Securities Moreá>

"Ounces at ORE's Bomboré grew 49% to 5.2 Moz and grade increased 15%." (9/5/12) Orezone Gold Corporation - Nana Sangmuah, Clarus Securities Moreá>

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"ORE's management has a solid track record in Burkina Faso." (6/13/12) Orezone Gold Corporation - Nana Sangmuah, Clarus Securities Moreá>

"We just saw BAA's first commercial gold production." (4/27/12) Banro Corporation - The Gold Report Interview with Nana Sangmuah Moreá>

"ABS CEO Allan Serwa has the ability to manage community relationships very well." (4/27/12) Abzu Gold Ltd. - The Gold Report Interview with Nana Sangmuah Moreá>

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