For qualified investors

We share Msesule's technical records, our corporate structure and our financial information with qualified and professional investors and financial partners, under a non-disclosure agreement. This website gives a public overview of our business. The detail sits in the data room.

Available under NDA

  • Information memorandum An overview of the company, Msesule and the pipeline.
  • Licence structure The licences that cover Msesule, the pipeline and our gold trading.
  • Corporate structure Huudi Forest Company Limited and its place in the Phiros group.
  • Financial model The operator's model and its assumptions.
  • Batch-by-batch metallurgical register The record of each leach batch since commissioning in September 2026.
  • Cyanide management plan The controls applied on site since commissioning.

How the review works

Each review starts with a first exchange, by email or call. Once we have signed a non-disclosure agreement with you, you receive access to the documentation, and a visit to Msesule can then be arranged.

Request investor information

Sending the form opens a draft in your email application, addressed to contact@huudi-tz.com, which you send yourself. We reply within five working days, in English or French.

Prefer email? Write to contact@huudi-tz.com

Information is provided exclusively to qualified and professional investors. Nothing on this website constitutes an offer to the public or investment advice.

Market data

International gold and silver prices

We chart the World Bank's monthly averages for both metals over the last five years, in nominal US dollars.

Gold

USD per troy ounce

Oct 2021 – Sep 2026
Show the data as a table (Gold)
Gold, USD per troy ounce
Month Average price (USD per troy ounce)
4,319
4,411
4,073
4,228
4,587
4,721
4,856
5,020
4,753
4,309
4,087
4,058
3,668
3,368
3,340
3,353
3,309
3,218
2,983
2,895
2,710
2,648
2,651
2,690
2,571
2,470
2,398
2,326
2,351
2,331
2,158
2,023
2,034
2,026
1,984
1,916
1,916
1,919
1,951
1,943
1,992
2,000
1,913
1,855
1,898
1,798
1,725
1,664
1,681
1,765
1,733
1,837
1,849
1,937
1,948
1,856
1,816
1,790
1,822
1,777

Series: Gold, spot average of daily rates, from June 2025; previously (UK), 99.5% fine, London afternoon fixing, average of daily rates

Data providers: Bloomberg Finance L.P.; Kitco.com; International Monetary Fund, International Financial Statistics; London Bullion Market; Metals Week; Platts Metals Week; Shearson Lehman Brothers, Metal Market Weekly Review; Thomson Reuters Datastream; World Bank.

Silver

USD per troy ounce

Oct 2021 – Sep 2026
Show the data as a table (Silver)
Silver, USD per troy ounce
Month Average price (USD per troy ounce)
64.6
65.4
58.8
66.7
78.0
75.9
77.9
81.9
92.1
62.3
50.4
49.4
42.8
38.2
37.7
36.0
32.8
32.2
33.2
32.2
30.4
30.8
31.1
32.4
30.1
28.5
29.8
29.6
29.4
27.5
24.5
22.7
22.9
23.9
23.5
22.4
23.1
23.4
24.3
23.4
24.3
25.0
22.0
21.9
23.7
23.3
21.0
19.4
18.9
19.7
19.1
21.6
21.9
24.5
25.3
23.5
23.2
22.5
24.2
23.4

Series: Silver (UK), 99.9% refined, London afternoon fixing; prior to July 1976 Handy & Harman. Grade prior to 1962 unrefined silver.

Data providers: American Metal Market; Australian Mineral Economics Pty. Ltd.; Bloomberg Finance L.P.; London Bullion Market; Metals Week; Metals Statistics; Platts Metals Week; The Silver Institute, Silver World Supply & Demand; Thomson Reuters Datastream; World Bank.

Monthly averages to September 2026. Source: The World Bank: Commodity Price Data (The Pink Sheet). Licence: CC BY 4.0. Chart by Huudi Mining from the source data.