Questons & Answers
Frequently Asked Questions
Frequently Asked Questions
Knowledge is Power
Abu Dhabi is in the UAE which is one of the important global centres of investment income. It is now a global financial hub, the perfect site for a venture seeking to create an innovative pool of liquidity.
In addition, the relationships between the founders of Minexchain and Abu Dhabi mean that minexchange can be established and regulated in a quarter of the time that it could elsewhere.
Furthermore, Abu Dhabi Global Market (ADGM) has a well founded policy for blockchain based exchanges.
Also, Abu Dhabi is an oil-based economy and is highly knowledgeable about mineral extraction and exploitation.
This national expertise is of great benefit to the Minexchain venture.
1. Mining companies with new opportunities which they are seeking to fund and exploit.
2. Mining investors seeking proven opportunities for investment.
3. Institutional investors seeking new opportunities.
4. Retail investors seeking broker offered opportunities for investing in the mining sector.
5. Eventually, professional traders looking to make money from a volatile and liquid market in mining opportunities.
Minexchain is lunching is first project in North America, now and will be live within the next 6 to 9 months.
Minexchain is an independent, regulated exchange. It ensures that all opportunities are audited for confirmation of mineral rights ownership and governmental approval. The GeoScan technology is used to reconfirm and check all site surveys and provide independent justification.
A legal contract defines the issuance of any tokens/shares. Each token/share of the venture, is designed & developed, on a case to case basis.
All of this is regulated and governed by the regulators of the Government of Abu Dhabi.
More Knowledge
Minexchain is a novel and exciting exchange venture, based in Abu Dhabi. It will allow retail and institutional investors to invest in mining opportunities. It will bring mining opportunities to the wider investing public in a way that has never been done before.
Historically, investors could buy shares in mining companies on national stock exchanges but this is divorced from the ability to invest in a single mine or mineral extraction opportunity. Bad management by mining companies across their portfolio of investments and mining opportunities; could mean that the investor/shareholders end up making no profits of dividends at the end of the year. Minexchain allows investors to invest specifically in a single mine or particular elements of the mining value chain process. The reserves have been checked and independently assessed by GeoScan.
Minexchain allows investors to invest in single mineral extraction opportunities rather than in the shares of mining corporations where they are dependent on the management of the corporation to make a good return from all of their mines. The investor can assess the opportunity offered in a single mining venture. It is the difference between investing in a single mine rather than a basket of mixed mining opportunities. Investor also have the option of investing in only mineral rights, full projects with extraction and off take contracts in place, or particular elements of the mining value chain process.
Minexchain also checks the individual opportunities to make sure that the mineral deposits are extant using the technology of its partner GeoScan. Further, it then assesses the financial offered and ensures, with the Abu Dhabi regulator, that it meets the regulated standard for an investment opportunity.
Minexchain specialises only in mining opportunities and has a deep expertise in its backers to ensure that the opportunities are attractive and real.
Finally, Minexchain is the only global market specialising in mineral exploitation opportunities. As such, it is a venue that helps the mining industry and the global investing public.
Minexchain is a regulated marketplace which is designed to bring mining opportunities together with investors interested in such opportunities. It is the only global marketplace dedicated to such opportunities.
Any mining company which is already mining or hoping to start may bring its opportunity to Minexchain. There, the details of the mine and its mineral reserves will be checked using GeoScan technology. In addition, the probity of the initiative, the mining company and its directors will be checked by Minexchain. Only if the venture passes all the tests designed to protect investors will the venture be allowed to list on the Minexchain market.
The more attractive the investment and the potential rewards for investors, the more likely it will be that the mining venture can raise the funds that it requires to launch.
Whilst the venture is listed on Minexchain it will be required to obey the rules and regulations of the market which will include regular updates and reports to investors.
1. Mining companies with new opportunities which they are seeking to fund and exploit.
2. Existing mining investors seeking proven opportunities for investment.
3. Institutional investors seeking new opportunities.
4. Retail investors seeking broker offered opportunities for investing in the mining sector.
5. Eventually, professional traders looking to make money from a volatile and liquid market in mining opportunities.
Yes. Before any mining opportunity is listed on the Minexchain exchange, it must go through a rigourous vetting process which ensures that the mining venture is sound and that the underlying mineral assets exist. This is where GeoScan becomes involved.
In addition, Minexchain checks that the investment being offered by the mining venture gives investors the chance of a fair return of value. The Abu Dhabi regulator will also check that the investment meets its approval criteria. Only then will the new opportunity be permitted to be listed on Minexchain.
Finally, Minexchain ensures that the shares being sold by the mining company are securely held in a Swiss depository where there is no chance of there being stolen or misappropriated.
Minexchain is an independent, regulated exchange which takes no stake in the ventures which it brings to market. It does, however, ensure that all opportunities are audited for confirmation of mineral rights ownership and governmental approval. The GeoScan technology is used to doublecheck all site surveys and provide independent justification.
A legal contract and regulation defines the issuance of any tokens/shares. Each token/share of the venture, is designed & developed, on a case to case basis.
Like any national stock exchange, Minexchain will only succeed if the majority of its investment opportunities are proven to be successful. If the investors make money and are treated fairly then the reputation of Minexchain will grow internationally and it will become trusted. This long-term goal is the aim of the founders of Minexchain.
Any money that an investor places with Minexchain to buy into a mining venture will be held in a client account with a respected Abu Dhabi bank. This account will only hold investor’s money and will be separate from the working bank accounts of Minexchain. Minexchain will not be permitted to use the money for any purpose other than under the instructions of the owner.
An investor can use the money held by Minexchain to buy tokens in a mining opportunity. Any monies raised from selling tokens will be added to the investor’s client account and can be withdrawn by them.
The way that Minexchain operates the client account will be closely supervised by the Abu Dhabi regulator.
The timeline to take a new opportunity through to its launch on Minexchain is approximately as follows
1. GeoScan Survey: 3 to 6 months
2. SPV Structuring: 3 to 4 months
3. Tokenization: 2 to 3 months
4. Launching of token: 1 to 2 months
The total time line can range from 9 to 15 months
No. Minexchain does not use cryptocurrency and none is involved in the Minexchain model.
Minexchain does use blockchain technology which is the foundation of cryptocurrency process.
Blockchain is extensively used by many banks and corporations because of its simplicity and security. It is a model that enforces trust. The Minexchain tokens are built on blockchain and are of a type known as ‘utility tokens‘. That is the utility to access the underlying assets value which are held by professional insured custodies. This is a model increasingly used by exchanges globally to replace the paper and electronic stocks and bonds because, again, of its simplicity and safety.
The minimum area typically considered for a GeoScan survey is approximately 100 km2, although we can be flexible.
From the client we only need the coordinates of the area to be explored and the desired target material to search for, plus any existing exploration results from sampling, drilling or even mining to speed up the process. The essential initial data includes satellite imagery which we can acquire if necessary. GeoScan complements this with additional information such as literature reviews, geological data, and any relevant data provided by the client, such as geochemical analysis.
The gScanTM technology is capable of exploring depths ranging from economical feasible depths, typically 200 meters, to (potentially) 10,000 meters.
The exploration process comprises three main phases: Data acquisition/Gathering, Data analysis, and Data Interpretation. Within each phase, GeoScan follows a workflow that involves planning, satellite image acquisition, data processing, and interpretation.
GeoScan employs diverse data sources for its exploration procedures, including satellite imaging, aerial surveys, geological maps, current and historical data, and sample/drilling reports.
GeoScan typically requests coordinates, previous reports, sample/drilling data, and any other crucial information, such as geochemical analysis, that could enhance the workflow and calibration process.
The spatial resolution of the satellite pictures utilized by GeoScan can vary, ranging from the standard 15 meters per pixel to 30 meters pixel. However, high-resolution satellite photos are also used.
GeoScan's technology can identify various target materials, including minerals, ore bodies, hydrocarbons (oil and gas), geothermal resources, and groundwater resources.
The values and tonnage of the detected materials are estimated through a combination of the resulting gScanTM 3D model with input data provided by the client (mineral concentrations, for instance, in ppm) and discussion with our team of geologists.
At the conclusion of the analysis, the client receives a comprehensive report, including detailed maps, geological models, a prospectivity grid, and estimations of the value and quantity of the discovered material resources. In certain cases, GeoScan may also identify sampling points in consultation with the clients. The report is structured as a NI 43-101 or JORC document.
The duration of the entire exploration process can vary depending on the complexity and scope of the project, but it generally takes between 3 to 6 months to complete.
GeoScan offers several advantages over traditional exploration methods, including faster data collection, broader coverage, cost-effectiveness, reduced environmental impact, and the ability to analyze challenging terrains and areas regardless of seasonal conditions. Traditional methods, such as seismic surveys, can take up to 2-3 years to complete with limited depths possible and the technique cannot be used in mountainous areas.
GeoScan takes data security and privacy concerns of its clients very seriously. Stringent procedures and policies are followed throughout the research process to safeguard the security and integrity of client information, starting with a mutual NDA and a MOU, signed between GeoScan and the client.
At GeoScan, we prioritize the accuracy and reliability of our reports and assessments. We achieve this by utilizing precise satellite data as the foundation of our analysis. This data is then processed through our advanced in-house proprietary software, ensuring high-quality results. Moreover, our team comprises experienced geologists who possess the expertise to interpret the data accurately, validate findings, and provide reliable insights.
Yes Indeed, GeoScan's technology is versatile and can be effectively employed for exploration purposes in both terrestrial and marine environments. Whether on land or offshore, our technology and methodologies enable comprehensive exploration, providing valuable geological insights for diverse project requirements.
From a technological standpoint, GeoScan does not have inherent limitations. However, it is essential to adhere to ethical and environmental guidelines. We recommend avoiding exploration activities in national parks, reservoirs, or other protected areas to preserve the natural environment.
Additionally, when obtaining satellite imagery, GeoScan endeavors to acquire datasets from optimal seasons for work and considers historical data, especially in areas with recent urban or agricultural developments to ensure accurate analysis. Our commitment to responsible exploration ensures minimal impact on sensitive ecosystems and adherence to relevant regulations. We are a sustainable exploration company.
BCXCO is an international exchange technology solution provider which has given solutions for the trades of physical gold and silver in India. This solution has allowed ordinary Indian investors to buy/invest in precious metals with their assets being safely held for them by the exchange. Investors can save their surplus funds in precious metals, taking advantage of price rises to sell when funds are needed. Alternatively, they can withdraw the gold from the Juno’s partnered with BCXCO.
BCXCO is very successful with its platform in India with over 100 million investors and 4,000 institutional users.
The owners and partners of BCXCO are naturally expert in the gold discovery, mining and refining industries and this expertise has been applied to the Minexchain initiative.
BCXCO technology will be used for the Minexchain initiative.