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The Precious Minerals Marketing Company (PMMC) says gold dealership, Menzgold, is not licensed to buy and sell gold as suggested by the company. According to the Managing Director of the Company, Kwadwo Opare Hammond, even though the company was initially granted a license in 2014, it .
From 1989 to 2009, Ghana has produced over 850,000 ounces of gold, valued $366.35 million Gold purchases and exports in Ghana are handled by the Precious Mineral Marketing Corporation (PMMC) on behalf of licensed sellers/suppliers to overseas buyers.
PMMC, Accra We are a PMMC licensed Gold Buying Company in Accra Ghana. We Export mainly to Dubai. We can buy any amount of gold in Ghana through PMMC procedures.
Mar 20, 2012· Typically these offers to sell gold dust or gold Dore bars come from some dealer located in Kenya, Ghana, Sierra Leone, Republic of Mali, Senegal and Ivory Coast. An example of such an offer ...
Gold is a foremost export commodity for Ghana, with this treasure-able metal bringing in almost 48 percent of the country's revenue. After South Africa, Ghana is the leading gold producer in Africa and in the first quarter of 2012, Ghana earned about $1.5 billion from export of gold.
A gold broker is also known as a commodities broker. A commodities broker is licensed to sell gold as well as wheat, oil and grains, among other commodities. A commodities broker sells for others. On the other hand, a commodities trader may invest and sell for personal gain. A commodities broker must be ...
To be able to act as a third party gold dealer in Ghana, the requirements are as follows: Interested companies should be a limited liability company duly registered in Ghana; ... If you export gold through any entity other than an accredited Licenced Gold Exporter LG or Licensed Gold Purchasing Company.
Jun 17, 2019· As in much of West Africa, Ghana's illegal gold mining ranges from hand-dug holes in the forest, a practice known as galamsey ("gather and sell"), to industrialized operations that either ...
I answered this question here: Frank Boateng's answer to What do I need before I can sell my gold in Ghana? By normal practice, you should've been Licensed to trade any commodity but in Ghana, it's slightly otherwise; the Buyer requires a License but NOT the seller.
Jun 19, 2020· A Licensed Gold Exporter (LGE) who intends to export gold shall inform the Precious Minerals Marketing Company Limited (PMMC) in writing of its export plans at least two (2) working days before the planned weekly export.
Feb 13, 2016· Because Ghana had a massive problem with gold smuggling and illegal gold mining (like blood diamonds, but blood gold) the government set up the PMMC to regulate the production, sale and export of Gold and anyone in Ghana involved at all in the gold business needs to be licensed by the PMMC. So if you want to sell gold from Ghana or even import ...
Ghana Gold Miners is a trading company established to help local gold miners to sale their gold bars or gold dust. we have all documents to sale and export the said products. feel free to contact us for more details Tags: Ghana Jewelry Suppliers
Aug 13, 2018· According to a new report cited on Citinewsroom, Menzgold although licensed to operate, they are not licensed to sell gold in Ghana as they have been accused of doing by the Bank of Ghana.. According to the report cited by Ghpage, Menzgold was licensed not as menzgold Ghana Limited but Menzbanc Ghana limited.And the objective was to buy gold from registered small-scale .
Sep 07, 2009· Two situations. There is no fixed price for the license, but it can average between 6 and 10% of the value of the gold. You get a license from the bank for personal assets held on account. Second situation is if you get alicense from the only company allowed to ship gold from Ghana .
Ghana's Gold Licensed Exporters Guidelines. ... How can I sell my gold that i have mined? Reply. Loffie Meyer Sep 22, 2019 At 6:07 pm. Dear PMMC, please confirm the legality & validity SKY & Son ...
Hi, Assuming you are asking for a legitimate way to bring in gold from Ghana here are a few steps you will have to ensure for the safe passage of your package to your destination * Look for a legitimate source for shipment or an exporter * Take th...
Aug 13, 2018· MenzGold Ghana Limited which has recently courted controversy over its operations was licensed solely to buy gold in Ghana and export to other countries. The company, which was given its license as MenzBanc Ghana Limited in the agreement document sighted by citinewsroom consented to buying the precious mineral from registered small-scale miners and subsequently .
Jun 19, 2019· Ghana's gold deposit is evident in the gold reserves, which, according to the US Geological Survey, is estimated to be 50 million ounces (1,600 tons). Ghana requires a particular method of setting up mineral purchasing and export company with a license from the minerals commission to deal in gold trading and export.]
We are legally licensed and registered under the Government of Ghana with the Precious Mineral Marketing Company (PMMC. GHS +233241039983 Jopaf Gold Limited. JOPAF GOLD LIMITED is a gold buying and shipping company in Ghana, which purchase gold for its clients around the world. ... We are into selling of gold bars from Ghana. We are mandates ...
Welcome to A.A. MINERALS! One of the most reputable gold trading and mining consultancy firms in Ghana. We offer you nothing but products and services of the highest calibre. This is the dawn of a new era that symbolizes quality, responsibility for our actions and accurate record keeping.
Starting a business in precious metals can be a "jewel" of an idea! But before you begin, determine whether you need a precious metals dealer license.If you're involved in buying and selling items made of or containing gold, silver, platinum, or other precious metals or jewels, including scrap metal, you likely need to get approved for your precious metals license.
Nov 18, 2018· License to Buy and Export Gold. It is imperative to note that, in Ghana, an individual need a license to buy and deal with minerals. Therefore, the export of gold out of the jurisdiction of Ghana can only be done under a license by an entity. This is regulated under the Minerals and Mining Act, 2006 (Act 703).
Italtec Ghana limited is a licensed gold exporter in Ghana providing quality gold, giving our cherished clients value for money. We are not affiliated to any person, Group or Company claiming to be an agent, or representing Italtec Ghana limited, unless otherwise stated. Payments are made via our bankers through a swift code.
Jun 09, 2019· Gold Fields, which has operated in Ghana for 26 years, says authorities there understand what makes for a "sound" business environment. The country cut corporate taxes in 2016 and in 2017 ...
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