Home » Ghana Refineries, Gold for sale » Gold Dore supply to Ghana Gold Refineries

Gold Dore supply to Ghana Gold Refineries

Question

Do I understand correctly if I say that you supply gold dore to refineries out of Ghana?

Answer

There are many small scale mining companies that sell their production to the buying companies in the cities we work in on a daily or weekly basis. They are not “refineries”, they are actually gold buyers with legal offices set up in every city in Ghana where gold is found.

If you are going to ask if we can supply gold to you, the answer is we don’t supply gold to third parties – and the reasons are many. When the need arises to trade gold production for cash, it is to pay for expenses such as fuel or labor. This need is immediate and the local buyers have cash available and their offices and they are open every day. The going price the local buyers pay is 2-5% below the world market price every day all day.

Not only that, but the only place to ship gold out of Ghana is Accra, which is a minimum of 6 hour drive from the main gold bearing locations where we work. It simply is not worth the effort.

error: Content is protected !!