Archives October 2023

Mountain In Luhihi, South Kivu. Dr.Congo where soil is 90% Gold.

What does buying raw Gold mean in Numbi Dr.Congo? and What you need to know before investing.

Raw gold, also known as raw gold ore or natural gold, refers to gold that is found in its natural, unrefined state as it is extracted from the earth. It has not undergone any processing or refining to remove impurities, and it typically appears as a combination of gold and other minerals or materials. Raw gold can be found in the form of gold nuggets, gold dust, or gold flakes within rocks, riverbeds, and other geological formations. The thriving Gold market in Dr. Congo offers opportunities to both aspiring and experienced investors with a wide range of options from Gold investment.

To make it usable for various purposes, such as jewelry or coin production, raw gold must go through a series of refining and processing steps to remove impurities and achieve a higher level of purity. This is typically done at a smelter or refinery, and the resulting product is referred to as refined or pure gold. The purity of raw gold can vary significantly, and it is often measured in carats or fineness, with 24-carat gold being the purest form.

How to Invest in Gold In Dr.Congo.
Physical Gold Buying:
Buying physical gold can be a sound investment strategy for individuals looking to diversify their portfolio and protect their wealth. These involve buying gold bullion, gold bars, Gold leaf and Gold dust and Gold Jewelry.

Gold ETFs (Exchange-Traded Funds)
These are financial instruments that provide investors with exposure to the price of gold without the need to own physical gold. These ETFs are designed to track the performance of gold and are traded on stock exchanges, making them a convenient way for investors to gain exposure to the precious metal.

Spot Gold.
This refers to the current market price of gold for immediate delivery and settlement. It represents the prevailing price at which gold can be bought or sold in the physical market, typically for immediate delivery or “on the spot.” This transaction occurs in real-time at the current market price, as opposed to a future date or under a contract with a different delivery date.

Futures and options.
These are financial derivatives that allow investors to speculate on the price movements of gold without having to buy or sell physical gold. They are popular tools for both hedging and trading in the gold market.

Tips on Successful Gold Investment in Numbi, Dr. Congo.

Local Partnerships:
Consider partnering with local experts, consultants, or companies who have experience and knowledge of the DRC’s gold industry such as Numbi precious metals. They can help you navigate the local business environment.

Thorough Due Diligence:
Conduct extensive research on the DRC’s gold market, political situation, and regulatory environment. Understand the risks and challenges associated with the region.

Legal and Regulatory Compliance:
Ensure that your gold investment complies with local laws and regulations. Seek legal advice to navigate the complex legal landscape.

Why Invest in Gold from Numbi Precious metals, Dr.Congo?
1.Abundant Natural resources.
2.Access to high quality Gold.
3. Local expertise.
4.Low costs.
5.Direct access to the source.

conclusion.
Before investing in gold in the DRC, conduct thorough due diligence, seek professional advice, and consider your risk tolerance. It’s also essential to ensure that your investment aligns with ethical and responsible sourcing practices, and that you are in compliance with relevant laws and regulations.

Investigating the Human Cost of Gold Conflict in Numbi, Dr. Congo.

 

Introduction

Gold has long been considered a symbol of wealth and prosperity, coveted for its beauty and rarity. However, behind the glittering façade lies a darker truth: the human cost of gold conflict. Lets delve into the often-overlooked aspect of the gold industry, shedding light on the social, environmental, and ethical consequences of gold mining in Eastern Congo.  https://www.numbipreciousmetals.com/

Eastern Congo. Provinces of North Kivu, South Kivu, and Ituri, has been a long-standing and complex issue that has contributed to instability and violence in the region. The region’s mineral wealth has been both a blessing and a curse. On one hand, it could be a source of economic development and prosperity. On the other hand,  it has fueled violence, corruption, and conflict as various armed groups vie for control of mining sites and revenue.

These groups often control mining areas, extort miners, and impose illegal taxes, all of which contribute to the perpetuation of the conflict. They sell gold on the black market or smuggle it into neighboring countries to fund their activities, including purchasing weapons and maintaining their control over mining areas.

The gold mining industry in eastern Congo has been associated with widespread human rights abuses, including forced labor, child labor, sexual violence, and environmental degradation. Miners, including children, often work in dangerous conditions for meager wages.

The government has struggled to assert control over mining areas and formalize the sector. The international community, including the United Nations and various NGOs, has been working to address the conflict minerals issue in eastern Congo. Initiatives like the Dodd-Frank Wall Street Reform and Consumer Protection Act in the United States require companies to trace the origin of minerals in their supply chains to ensure they are not sourced from conflict areas.

Efforts have been made to establish certification schemes and due diligence processes to ensure that minerals, including gold, are sourced responsibly and ethically. The most well-known initiative is the Responsible Sourcing of Minerals (RMI) program, which aims to create a transparent and conflict-free mineral supply chain. https://www.numbipreciousmetals.com/financial-services/

 Conclusion.

The gold conflict in eastern Congo remains a deeply entrenched problem with no easy solutions. Addressing this issue requires a multi-faceted approach, including strengthening governance, addressing the root causes of the conflict, and promoting responsible sourcing practices in the global gold industry and prestige. This universal allure has driven an insatiable demand for gold, making it one of the most sought-after commodities globally.  https://www.numbipreciousmetals.com/programs/

Call Us Now