Posts in Category: Gold Refining

Alec Sellem Finds Success In The Gold Mining & Refining Industry On His Own Terms


Entrepreneur Alec Sellem is the founder and CEO of Sellem Industries Ltd. His company mines for gold and also refines it.

Alec has localized the process of mining and refining gold. Other companies mine for gold in places such as Africa and then sell it to other companies who refine it in Europe. Instead, he has built refineries in the same communities in which his company’s gold mines are located.

By localizing both the mining and refining of gold in the same community, Alec Sellem has helped remote African communities prosper. People can get jobs both mining the gold and refining it. This is more efficient and profitable for his company while providing needed jobs. Some of the money his company earns is used to further help the communities in which his company operates. This includes funding agricultural initiatives and providing money to educate children.

Sellem Industries performs smaller-scale artisanal mining. Alec Sellem says that he has worked hard to develop trusting relationships with the other stakeholders in his company’s operations including local people and governments. He says that by improving these communities he is able to help his company gain sustainable, long-term success.

His company is based in England. Alec Sellem spends his time working on-site at his company’s gold mines in Senegal and Sierra Leone as well as back home in England. When in the field he manages his company’s day to day operations. When at home, he spends time with his family. Sellem says that he takes a “big picture” approach to how he operates Sellem Industries and prides himself on finding long-term success on his own terms.

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