Our Gold Sales Have Moved from Ghana to Uganda! Here’s How Kampala Became the New Hub for Gold Trading and Mining

 Big Changes Ahead: Our Gold Sales Have Moved from Ghana to Uganda!

Due to Ghana's new government policy, we have relocated our sales operation to Kampala, Uganda.  We have relocated our gold from Ghana to Kampala, Uganda, for sale, and we're also engaged in small-scale mining in Uganda.

Here’s How Kampala Became the New Hub for Gold Trading and Mining,

See our current CIF procedures below:

 

Commodity	Gold
Origin	Uganda
Form	Gold Bar
Product-History	Clean, Clear, No Liens, and Non-Criminal Origin
Delivery	CIF
Purity	93+ Fineness or 22+ Carat
Quantity	100 kilograms to 3600 kilograms
Price	Best LME discount (Negotiable with the direct Buyer only)
Currency	USD
Payment	Wire-Transfer / Cash
Payment will be based on a minimum purity of 93% or higher after the final assay at the Buyer's destination refinery.

OPTION ONE: CIF ( Escrow Account )  

ü  The Buyer shall pay 100% of Gold’s total price into an escrow account in the USA before shipment.

ü  Upon receiving the Gold and assay conducted on the Gold, the Buyer shall instruct the Escrow custodian to release the funds to the seller.

OPTION TWO: CIF ( 100% )   90 KG and above

ü The buyer shall travel to Uganda, take possession of the gold to perform assay and smelting at the buyer’s expense; then, based on the assay report, the buyer shall pay 5% of the total gold cost to an agreed-upon shipping agent who will facilitate the shipping of the gold.

ü  The 5% paid to the shipping agent is to obtain all the required shipping documents and the shipping cost of the gold to the buyer’s destination.

ü  Upon receiving the gold and the final assay conducted at the buyer’s destination, the buyer shall pay 95% of the gold's cost to the seller or the seller’s representative via wire transfer or as mutually agreed.

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OPTION THREE: CIF ( Private Jet )           

ü  This CIF offer requires the buyer to Charter a private jet from Dubai or in Uganda to convey the gold to his/her destination.

ü  We can deliver any quantity of gold bars up to 3000kg to your chosen destination without requiring any upfront payment.

ü  You will only need to charter a private jet to convey the gold to your destination.

ü  You pay for the gold only after receiving it at your chosen destination.

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If you accept any of the above Procedures, kindly contact us using the contact form or via email. We will prepare an official FCO based on your preferred procedure, using our letterhead paper.

Synergy Between the Ghana Gold Board (GoldBod) and the Minerals Commission of Ghana.

The Ghana Gold Board (GoldBod) and the Minerals Commission of Ghana work together to manage and regulate the country's gold industry. GoldBod focuses on buying and selling gold, while the Minerals Commission oversees mining activities. Their teamwork helps ensure that Ghana's gold resources are used wisely and benefit the nation. By sharing information and coordinating their efforts, these two organizations create a stronger system for managing gold production and trade. This partnership also helps protect the environment and local communities affected by mining. Together, GoldBod and the Minerals Commission play a vital role in supporting Ghana's economy and making sure the gold industry operates fairly and responsibly. Their combined efforts contribute to the overall growth and development of the country's mining sector.

GoldBod: The Pillar of Ghana's Gold Industry

Established to harmonize the processes surrounding the trade and exportation of gold, the Ghana Gold Board is instrumental in ensuring that the country reaps the benefits of its mineral wealth. But what exactly does the GoldBod do, and how does it contribute to Ghana's economy?

The Role of GoldBod

• Regulation and Oversight: The Ghana Gold Board plays a crucial role in setting standards for gold trading, ensuring that mining activities are conducted responsibly and sustainably.

• Ensuring Fair Trade Practices: By establishing guidelines for the buying and selling of gold, GoldBod protects local enterprises and international investors alike.

• Promotion of Transparency: GoldBod is tasked with maintaining transparent records and reporting mechanisms to prevent illegal mining activities, commonly known in Ghana as 'galamsey'.

GoldBod in Action: A Case Study

One notable example of GoldBod in action is its recent collaboration with international partners to refine its tracking systems for gold exports. By adopting blockchain technology, the organization has significantly reduced discrepancies in reported figures, thus boosting investor confidence.

"Ghana is making significant strides in incorporating technology to manage its gold resources effectively," says an industry insider.

The Minerals Commission: Guardians of Ghana’s Mineral Wealth

Parallel to GoldBod's efforts, the Minerals Commission of Ghana holds a broader scope when it comes to managing the country's mineral resources. Let's delve into how this body operates and its impact on the larger mining sector.

Responsibilities and Functions

• Licensing and Permits: The Commission is responsible for issuing mining licenses, ensuring that all mining activities are legally sanctioned.

• Monitoring and Compliance: Regular inspections and audits ensure that mining companies adhere to environmental and safety standards.

• Sector Development: The Commission promotes investment in the mining sector by organizing forums, training workshops, and seminars for local and international stakeholders.

Collaboration with Local Communities

One of the standout initiatives by the Minerals Commission is its community engagement programs. By involving local communities in decision-making processes, the Commission helps foster goodwill and address grievances, ensuring that mining operations benefit all stakeholders.

"Building a sustainable mining industry requires active participation from both the government and the communities affected most by these activities," states a Ghanaian economic analyst.

Synergy Between GoldBod and the Minerals Commission

While each entity operates within its own mandate, the Ghana Gold Board and the Minerals Commission share a symbiotic relationship. Their cohesive collaboration ensures Ghana's gold resources are managed efficiently and ethically.

Joint Initiatives and Outcomes

• Conflict Resolution: Both organizations work hand-in-hand to mediate conflicts arising between mining companies and local populations, finding mutually beneficial resolutions.

• Policy Formulation: Through joint workshops and discussions, GoldBod and the Commission develop streamlined policies that address emerging challenges in the industry.

• Capacity Building: By pooling resources and expertise, they conduct training programs aimed at building local capacity in the mining sector, thus fostering economic growth.

Conclusion

The Ghana Gold Board and the Minerals Commission of Ghana play pivotal roles in their respective domains, ensuring that the nation's gold industry thrives in a sustainable and profitable manner. These organizations not only help curb illegal mining activities but also inspire confidence in investors and protect the interests of local communities.

As global demand for gold continues to rise, the synergy between these two entities will undoubtedly place Ghana at the forefront of ethical and sustainable mining practices.

Engage with the question: How can the collaborative efforts of these bodies shape the future of gold mining in Ghana? Your thoughts could illuminate pathways forward.

CIF Gold Shipment from Africa to Dubai UAE 100%

 CIF Gold Shipment for all Gold-buyers in the UAE.

Quantity: 4000 Kilograms in stock.

Minimum Quantity: 100 Kilograms.

Fineness (Quality): 22.5 Carats, to be refined to 24-carat Bullion.

Purity: 96 % 

Price:

The price will be negotiated and agreed upon before the gold is airlifted from Kampala, Uganda.

 Payment Terms: Wire-Transfer / Cash (Only After Assay at the refinery in Dubai)

The buyer is required to visit Kampala, Uganda, to inspect and assay the gold at the buyer’s expense, sign a sales and purchase agreement, and obtain the necessary shipping documentation before the gold is airlifted from Uganda to Dubai UAE.

• CIF from Kampala, Uganda to Dubai, UAE, without any upfront payment to the seller. 
• This arrangement will be on a CIF (Cost, Insurance, and Freight) delivery basis.

Delivery:

Dubai is the delivery destination; we have 4,000 kilograms available.

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  If you are a Gold Buyer and accept the above offer, kindly signify your acceptance by contacting us via the Contact Form at the top right corner.