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MiningAccord

Sell to us

A buyer who turns up.

If you are licensed to produce, process or trade gold in one of our markets, we would like to buy from you. Here is what we offer, what we need and how to start.

Minimum
A few hundred grams
Price
LBMA Gold Price less a disclosed discount
Assay
Fire assay, split sample kept by you
Paid
On assay, USD or local currency

01Who we work with

Four kinds of partner.

  • 01

    Producers and cooperatives

    You mine or process gold under a licence or cooperative registration and want a buyer who pays against the benchmark, on time, every month.

    How we buy gold
  • 02

    Licensed dealers and refiners

    You consolidate metal in-country and want a London counterparty with finance, market access and paperwork your bank will accept.

    Finance and settlement
  • 03

    Mining licence holders

    You hold a small-scale licence and want capital and management to mechanise, in exchange for offtake rather than ownership.

    Mining partnerships
  • 04

    Exploration licence holders

    You hold prospective ground on a greenstone or Birimian belt and want a partner to fund staged work with a carried interest for you.

    Exploration earn-ins

02The accord

Our side and yours.

What we offer

  1. 01A pricing formula against the LBMA Gold Price, in writing, before anything is weighed
  2. 02Fire assay at an accredited laboratory, with a split sample and an umpire procedure
  3. 03Settlement on assay in dollars or local currency, in-country or offshore
  4. 04Part-payment and forward offtake once there is a track record
  5. 05Capital and technical management for sites that want to mechanise
  6. 06Permits, certification and freight handled by our in-country team

What we need

  1. 01A valid mining, dealer, refining or export licence, or cooperative registration, in your name
  2. 02Identity and beneficial-ownership documents for the company and its principals
  3. 03Site information for where the metal comes from
  4. 04Weighing and sampling in our presence, and accredited assay
  5. 05Royalties and taxes paid on every lot, with receipts
  6. 06No connection to armed groups, sanctioned persons, or child or forced labour

03How to start

Three steps to a first lot.

A well-documented partner is usually onboarded within a few weeks.

  1. 01

    Tell us about your licence

    Licence type, location, typical monthly output and how you sell today. A trader replies to every serious enquiry.

  2. 02

    Onboarding

    We collect the documents, run our checks and agree the pricing formula and settlement terms in writing. Where we can, we visit.

  3. 03

    A first lot

    Small, on purpose. Weighed and sampled with you present, assayed, priced against the benchmark and settled.

04Where

Markets where we buy.

No.MarketActivityOpen
01Democratic Republic of the CongoTrading, Mining, Exploration
02UgandaTrading, Mining
03KenyaTrading, Exploration
04GabonTrading, Exploration
05South AfricaTrading, Mining
06GuineaTrading, Mining, Exploration
07SudanTrading
08South SudanTrading, Exploration

Get in touch

desk@miningaccord.com
08.30 to 18.00 GMT

Ready to sell?

Tell us about your licence, your location and your output. We will say plainly whether we can work together and on what terms.