Category Mineral Wealth

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Where to Find Raw Gold in East Africa

East Africa is one of the richest regions for gold mining, with countries like the Democratic Republic of the Congo (DRC), Tanzania, Uganda, and Kenya holding significant deposits. For those seeking raw gold, knowing where to look and how the industry operates is crucial. Let’s take a closer look at Numbi Precious Metals East Africa and how it fits into the region’s gold trade.

Gold Hotspots in East Africa

1.         Democratic Republic of the Congo (DRC)

The DRC is home to some of the richest gold reserves in Africa. According to the Extractive Industries Transparency Initiative (EITI), the country produced over 72 tons of gold in 2022. The Kivu region, where Numbi Precious Metals operates, is particularly notable for its gold deposits.

2.         Tanzania

Tanzania ranks among Africa’s top gold producers, contributing approximately 60 tons of gold annually, with major mining sites in Geita, Bulyanhulu, and North Mara.

3.         Uganda

Gold mining in Uganda has grown significantly, with production hitting 2.6 tons in 2021, primarily from Busia and Karamoja.

4.         Kenya

In Kenya, gold mining is concentrated in Kakamega and Migori, with annual production reaching around 1 ton.

How Numbi Precious Metals Sources Gold

Numbi Precious Metals East Africa operates in the heart of the DRC’s gold belt. The company focuses on sourcing high-quality, responsibly mined gold while ensuring compliance with global supply chain standards. Their operations primarily involve:

•          Artisanal and small-scale mining (ASM): Over 200,000 artisanal miners in the DRC extract gold using traditional methods. Numbi Precious Metals works with local mining cooperatives to ensure fair prices and ethical sourcing.

•          Licensed gold trade routes: The company adheres to legal export frameworks, reducing the risk of conflict minerals.

•          Transparency in operations: They conduct regular audits to verify gold origins and maintain high ethical standards.

Challenges in Raw Gold Mining

Despite the potential, gold mining in East Africa faces challenges:

•          Illegal mining and smuggling: The UN estimates that over $1.9 billion worth of gold is smuggled out of Africa annually.

•          Environmental concerns: Mining activities contribute to deforestation and mercury pollution.

•          Regulatory hurdles: Government policies often shift, affecting taxation and export licenses.

Why East Africa is a Gold Investment Haven

With increasing global demand for gold, East Africa remains a prime investment region. Numbi Precious Metals is at the forefront of this, bridging the gap between artisanal miners and international markets. The region’s estimated gold reserves exceed 500 million ounces, offering long-term potential for investors and stakeholders.

Conclusion

For those looking to source raw gold, East Africa—particularly the DRC—offers immense opportunities. Companies like Numbi Precious Metals ensure ethical, transparent, and sustainable gold trade. Whether you’re an investor or a buyer, understanding the market dynamics is key to making informed decisions in this lucrative industry.

A strong ethical foundation and transparency

•          Premium-quality gold with high purity levels

•          Significant contributions to local communities

•          Efficient and sustainable mining practices

•          Robust security and compliance measures

These factors make it not only a leader in the DRC mining industry but also a preferred partner for global investors looking for ethically sourced gold.

Conclusion

The DRC remains one of the most important players in the global gold industry, and Numbi Precious Metals exemplifies the best that the sector has to offer. With a strong reputation for ethical mining, sustainability, superior product quality, and community engagement, it is undoubtedly one of the best mining companies operating in the region.

For those seeking a trusted and reliable gold supplier, Numbi Precious Metals is a company worth considering.

For more information, visit Numbi Precious Metals’ official website or contact them directly for business inquiries. +256769380862

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The Best Mining Company in the DR CONGO BUY RAW GOLD

The Democratic Republic of the Congo (DRC) is one of the world’s most resource-rich nations, boasting vast reserves of minerals such as gold, copper, cobalt, and diamonds. Among the many mining companies operating in the region, Numbi Precious Metals has emerged as a leading and reputable gold mining company. This article explores why Numbi Precious Metals is considered one of the best mining companies in the DRC and what sets it apart in an industry known for both immense opportunities and challenges.

A Legacy of Excellence in Gold Mining

Founded in 2008, Numbi Precious Metals is headquartered in Bukavu, South Kivu province, DRC. The company has established itself as a trusted name in the gold mining industry, specializing in the extraction, refining, and export of high-purity gold doré bars. Over the years, it has built a strong reputation for ethical mining practices, high-quality products, and customer-centric operations.

Commitment to Ethical and Responsible Mining

One of the key aspects that distinguish Numbi Precious Metals from other mining companies in the DRC is its commitment to ethical mining and sustainability. The company strictly adheres to international regulations to ensure that its operations are free from conflict minerals. It complies with:

•          OECD Due Diligence Guidelines for Responsible Supply Chains

•          Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations

•          Local DRC mining laws and environmental protection standards

By maintaining transparent supply chains, Numbi Precious Metals ensures that its gold is ethically sourced and does not contribute to illegal activities or conflict financing.

Superior Product Quality

Numbi Precious Metals is widely recognized for its high-grade gold doré bars. Their gold typically boasts a purity level of 97% and 23 karats, making it highly sought after in global markets. With a substantial monthly stock available, they cater to both large-scale industrial buyers and private investors, ensuring consistent supply and reliability.

Investment in Local Communities

Unlike some mining companies that extract resources without benefiting local populations, Numbi Precious Metals has taken a proactive approach to corporate social responsibility (CSR). The company actively invests in:

•          Local infrastructure projects (roads, schools, and healthcare facilities)

•          Employment opportunities for local workers

•          Skill development and training programs for miners

•          Sustainable environmental practices to minimize ecological impact

This community-focused approach has helped improve the livelihoods of many families in the South Kivu region, strengthening its reputation as a socially responsible business.

Operational Efficiency and Technological Advancements

Numbi Precious Metals continuously improves its mining operations by leveraging modern technology and efficient extraction techniques. The company utilizes advanced processing equipment to maximize gold recovery while minimizing waste. This commitment to innovation ensures sustainable operations that are both profitable and environmentally friendly.

Strict Security Measures and Fraud Prevention

Given the prevalence of fraudulent gold transactions in the DRC, Numbi Precious Metals has implemented strict security protocols to safeguard its operations. These include:

•          Verification of buyers and suppliers to prevent illegal gold trafficking

•          Comprehensive transaction documentation for legal compliance

•          Secure transportation and storage solutions to protect gold assets

Why Numbi Precious Metals Stands Out

In a country with numerous mining companies, Numbi Precious Metals has set itself apart due to:

•          A strong ethical foundation and transparency

•          Premium-quality gold with high purity levels

•          Significant contributions to local communities

•          Efficient and sustainable mining practices

•          Robust security and compliance measures

These factors make it not only a leader in the DRC mining industry but also a preferred partner for global investors looking for ethically sourced gold.

Conclusion

The DRC remains one of the most important players in the global gold industry, and Numbi Precious Metals exemplifies the best that the sector has to offer. With a strong reputation for ethical mining, sustainability, superior product quality, and community engagement, it is undoubtedly one of the best mining companies operating in the region.

For those seeking a trusted and reliable gold supplier, Numbi Precious Metals is a company worth considering.

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Purchasing Gold Dore Bars From Democratic Republic of Congo

Purchasing gold dore bars from Numbi Precious Metals Ltd in the Democratic Republic of Congo (DRC) requires careful planning, due diligence, and compliance with local and international regulations. Here’s a step-by-step guide to help you navigate the process:

1. Understand What Gold Dore Bars Are

Gold dore bars are semi-pure bars of gold that are usually refined further before being sold in the international market. They typically contain 90-95% gold with other metal impurities.

2. Research and Identify Legitimate Sellers

3. Verify Seller Credentials

  • Ensure the seller is registered with SAEMAPE (Service d’Assistance et d’Encadrement du Small-Scale Mining).
  • Verify their export license with the Ministry of Mines.
  • Request past transaction records and references from buyers.

4. Conduct Due Diligence

  • Conduct a background check on the company.
  • Ensure the gold is not conflict gold (which violates international trade regulations).
  • Confirm compliance with OECD Due Diligence Guidelines.

5. Negotiate the Terms of Purchase

  • Agree on the quantity, purity, and price (usually based on the LBMA Gold Price).
  • Confirm the payment method (often bank transfers or escrow services).
  • Determine the logistics and insurance for transport.

6. Obtain Necessary Documentation

  • Export Permit from the Ministry of Mines.
  • Certificate of Origin to prove legal sourcing.
  • Assay Report showing gold purity and weight.
  • Customs Declaration for international shipment.

7. Arrange Secure Transport

  • Use licensed security companies for transportation.
  • Ensure gold is transported via secure air cargo.
  • Work with international logistics firms

8. Ensure Compliance with Import Regulations

If importing to another country, check:

  • Customs duties and taxes in the destination country.
  • KYC/AML (Know Your Customer/Anti-Money Laundering) compliance.
  • International regulations like the LBMA Responsible Gold Guidelines.

9. Work with a Lawyer or Trade Consultant

Hiring a lawyer or gold trade expert can help navigate legal and compliance risks.

Would you like assistance in finding reliable sources or verifying a potential seller?

Numbi Precious Metals specializes in group sourcing for gold from various African mines and scrap metals, adhering to OECD guidelines for responsible sourcing.
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Buy Raw Gold in Nairobi

Purchasing raw gold in Nairobi requires careful consideration to ensure authenticity and legality. Here are some steps to guide you:

  1. Identify Reputable Dealers: Seek out established dealers with a solid reputation. The Nairobi Gold Market, located in the city center, is a well-known hub where various dealers operate. Additionally, the Ministry of Mining and Petroleum in Kenya provides resources and guidance on licensed dealers.
  2. Verify Authenticity: Always request proper documentation and assay reports to confirm the gold’s purity and origin. Consider consulting with independent assayers or gemologists for an unbiased evaluation.
  3. Understand Legal Requirements: Familiarize yourself with Kenya’s regulations on gold transactions. Ensure that all dealings are compliant with local laws to avoid legal complications.
  4. Negotiate Terms: Discuss payment methods, delivery timelines, and any other pertinent details upfront to prevent misunderstandings.
  5. Stay Informed: Keep abreast of current gold prices and market trends to make informed purchasing decisions.

Following these steps, you can navigate buying raw gold in Nairobi more confidently and securely. Numbi Precious Metals Ltd is the leading Gold selling Company in Nairobi  Call or WhatsApp 0n +256769380862

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How can I buy raw gold direct from the community local miners

Buying raw gold and diamonds directly from local miners can be profitable, but it requires careful planning to ensure legality, authenticity, and security. Here are key steps to consider:

1. Research and Identify Mining Communities

  • Regions: Focus on countries known for mining (DRC  for gold Numbi Precious Metals Ltd).
  • Local Regulations: Understand the mining laws in these countries. Some nations regulate direct sales from miners to foreign buyers.

2. Legal Requirements

  • Licensing: Obtain the necessary permits or licenses to buy and export minerals legally. This may include:
  • Due Diligence: Ensure the source complies with international laws (e.g., Kimberley Process for diamonds to prevent conflict diamonds).

3. Building Relationships with Local Miners

  • Local Contacts: Engage with mining cooperatives, associations, or trusted local agents.
  • Field Visits: Travel to mining sites to meet miners directly. This builds trust and may secure better deals.
  • Fair Trade: Offering fair prices and ethical business practices often leads to long-term partnerships.

4. Verification of Authenticity

  • Gold Testing: Use portable assay kits or take samples to local assayers to confirm purity (usually measured in karats for gold).
  • Diamond Grading: Hire a gemologist to verify diamond quality based on the 4Cs (cut, color, clarity, carat weight).

5. Negotiation and Pricing

  • Market Knowledge: Stay updated on global commodity prices (e.g., via LBMA for gold prices).
  • Bargaining: Local miners may accept prices slightly below international rates, but ensure fairness.

6. Secure Transactions

  • Payment Methods: Avoid large cash transactions. Use secure, traceable payment methods.
  • Logistics: Hire professional security for transporting valuable goods.
  • Trusted Intermediaries: In unfamiliar regions, reputable brokers can help navigate local dynamics safely.

7. Export and Shipping

  • Documentation: Ensure proper export documentation to avoid legal issues at customs.
  • Logistics Companies: Use specialized courier services experienced in handling precious cargo.

Risks to Consider

  • Fraud: Scams are common. Verify every party involved. Numbi Precious Metals Ltd will always allow you to do due diligence before purchasing Gold Dore bars
  • Security: High-value goods pose risks of theft. Prioritize safety measures.
  • Legal Troubles: Non-compliance with local or international laws can lead to severe penalties.
  • Please contact Numbi Precious Metals Ltd for Gold Dore Bars, Raw Gold, Gold nuggets, and Copper Cathode Ready for Purchase
  • Please you can reach us on Email: [email protected]
  • Call or WhatsApp Us on                  :+256769380862

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Buy Gold Dore From Kinshasa

If you’re looking to buy gold dore bars from Kinshasa (the Democratic Republic of the Congo), it’s important to approach this with caution due to the potential for fraud, legal issues, and safety concerns. Here are key steps to consider: Visit Numbi Precious Metals or WhatsApp Us on +256769380862

1. Due Diligence

  • Verify the Seller: Ensure the seller is a registered, reputable entity with proper licenses. Request documentation like business registration, mining licenses, and export permits.
  • Check for Compliance: The DRC has strict regulations around the export of minerals to prevent illegal trade. Ensure the gold is sourced ethically and complies with the Dodd-Frank Act and OECD Due Diligence Guidelines.
  • Export Licenses: Confirm that the seller holds a valid export license. In DRC, the Ministry of Mines regulates mineral exports.
  • Customs Procedures: Work with a licensed clearing agent familiar with DRC customs to handle documentation and taxes.

3. Security

  • On-Ground Presence: It’s advisable to have a trusted local representative or partner. Visiting Kinshasa without local contacts can be risky.
  • Secure Transportation: Use reputable logistics companies experienced in handling precious metals.

4. Payment Methods

  • Avoid upfront payments without secured escrow arrangements.
  • Use trusted financial channels and avoid cash transactions.

5. Third-Party Verification

  • Assay Testing: Always verify the gold’s purity through independent, reputable assay laboratories before finalizing any transaction.
  • Legal Support: Hire a local legal advisor experienced in mining laws.

6. Consider Reputable Sources

  • Instead of dealing directly in high-risk environments, consider purchasing through certified gold traders or refineries that source from the region but comply with international standards.

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Purchasing Raw Gold from South Africa

If you’ve been considering investing in gold, now is the perfect time to turn your attention to South Africa—a country rich in gold reserves and a long-standing reputation in the mining industry. Purchasing raw gold from South Africa not only provides a robust investment opportunity but also connects you with a marketplace that is deeply rooted in the tradition of gold mining.

#### The Appeal of South African Gold

South Africa has been a key player in the global gold market for decades. It is home to some of the world’s largest and most productive gold mines, ensuring that the raw gold you purchase is of the highest quality. The country’s mining operations are governed by strict regulations, offering investors peace of mind regarding the integrity and authenticity of their gold.

#### Direct Benefits of Buying Raw Gold

1. **Investment Security**: Gold has always been a safe-haven asset, especially during times of economic uncertainty. By purchasing raw gold from South Africa, you’re investing in a material that has maintained its value over centuries. Numbi Precious Metals Ltd

2. **Global Demand**: Gold is universally recognized. Whether you’re looking to diversify your investment portfolio or acquire a tangible asset, gold continues to command high demand globally. South African gold, in particular, is sought after for its purity and quality.

3. **Supporting Local Industries**: When you buy from South Africa’s gold market, you are helping to support local economies and industries. This purchase not only enhances your portfolio but also contributes to the livelihood of thousands who work in the mining sector.

#### How to Buy Raw Gold from South Africa

Purchasing raw gold may seem daunting, but with the right guidance, it can be straightforward. Here are a few steps:

1. **Research Reputable Dealers**: Look for licensed dealers or mining companies that are well-established and have a proven track record. This ensures you are buying genuine gold at fair market prices.

2. **Check Certification**: Always ask for certification of authenticity. This document outlines the gold’s purity and can validate your investment.

3. **Understand Market Trends**: Stay updated on the fluctuating gold prices which can help you make informed decisions about when to buy.

4. **Consider Logistics**: Factor in the logistics of transportation. Work with dealers who can provide secure and reliable shipping options for your purchase.

5. **Seek Professional Advice**: If you’re unsure, consider consulting a financial advisor or a professional in the gold market to guide you through the process.

#### Final Thoughts

Investing in raw gold from South Africa is not just a financial decision; it’s a commitment to acquiring an invaluable asset while supporting a rich cultural legacy of mining. With its consistent quality and availability, South Africa remains an attractive destination for gold buyers.

So, why wait? Equip yourself with the knowledge you need to start investing in raw gold today. If you’re interested in making a purchase, reach out to [item] at [item] for more information and personalized assistance. Your journey into the world of gold investment begins now! Numbi Precious Metals Ltd

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Exploring the Gold Market in Uganda

When it comes to investing in precious metals, gold has always been a favored choice due to its enduring value. With the rise of new markets, many investors are turning their attention to Uganda, a country rich in natural resources, including gold. If you’re considering buying gold from Uganda, it’s essential to understand the landscape of this burgeoning market and the steps you’ll need to take to make a safe investment.

### Why Uganda?

Uganda is home to significant gold deposits, especially in the regions of Mubende, Karamoja, and the greater region around Lake Victoria. The country has seen a surge in gold mining activities, which has attracted international investors looking for opportunities. This rising gold production has positioned Uganda as an emerging player in the global gold market.

### Understand the Legal Framework

Before embarking on your gold-buying journey, it’s crucial to familiarize yourself with the legal requirements for purchasing gold in Uganda. Gold trading is regulated by the Uganda Ministry of Energy and Mineral Development. Ensure that the dealer you are working with is licensed and adheres to these regulations.

### Finding Reputable Dealers

The next step is to find reputable gold dealers. Given the potential for scams in the gold market, conducting thorough research is vital. Look for established dealers with good reviews, and don’t hesitate to ask for certifications or proof of authenticity. Networking with local contacts or expats can provide valuable insights and recommendations.

### Prices and Negotiation

Gold prices are subject to fluctuations based on global market trends, so it pays to stay informed about current rates. When you find a seller, don’t hesitate to negotiate the price. A little bargaining can help you secure a better deal, but always approach negotiations professionally and respectfully to foster a positive relationship with the dealer. Buy Gold Dore Bars

### Conduct Due Diligence

Once you’ve identified a potential dealer, conduct due diligence to ensure the legitimacy of the gold being offered. Request documentation that proves its authenticity and origin. It might also be wise to enlist the services of a qualified appraiser or a gemologist who can independently verify the quality of the gold before making any transactions.

### Secure Your Investment

After making your purchase, ensure that your gold is stored securely. Whether you opt for a safety deposit box in a bank or a personal safe at home, keeping your investment safe should be a top priority. Additionally, consider insuring your gold to protect against theft or loss.

### Conclusion

Buying gold from Uganda offers a unique opportunity to diversify your investment portfolio. With the right approach, thorough research, and careful attention to detail, you can navigate the Ugandan gold market confidently. Remember to stay informed and cautious throughout the process and consult professionals when necessary. Happy investing!

—

If you have any questions or need further information, feel free to reach out at Numbi Precious Metals Call Or WhatsApp +256769380862

Let’s explore the bright potential of Uganda’s gold together!

Molten gold being poured into molds, forming gold bars and coins, followed by stamping and engraving for precision and authenticity."
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Buying Raw Gold from Uganda

Buying raw gold from Uganda can be a viable option, as the country is a significant gold producer in East Africa. However, it involves navigating legal, financial, and security considerations. Here’s a guide on how to proceed:

1. Understand the Legal Framework

  • Licensing Requirements: Ensure the seller holds a valid mining or export license from the Uganda Directorate of Geological Survey and Mines (DGSM).
  • Due Diligence: Verify the origin of the gold to ensure it is not linked to illegal mining activities or conflict zones, complying with the OECD Due Diligence Guidance for Responsible Supply Chains.

2. Finding Reliable Suppliers

  • Reputable Dealers: Focus on registered mining companies or exporters in Uganda’s gold hubs like Numbi Precious Metals Ltd in Tiira Busia Uganda
  • Trade Associations: Contact organizations like the Uganda Chamber of Mines and Petroleum (UCMP) for recommendations.

3. Documentation and Verification

  • Export Permit: Sellers need an official export license to legally sell gold internationally.
  • Assay Report: Request an assay certificate to verify purity, often conducted by Uganda’s certified laboratories.
  • Invoice & Purchase Agreement: Ensure all documents are properly drafted to avoid disputes.

4. Payment and Security

  • Avoid Cash Deals: Use secure payment methods like bank transfers to track transactions.
  • Secure Transport: Use reputable logistics companies for insured and secure transport, especially if exporting large quantities of Gold.

5. Exporting Gold from Uganda

  • Customs Declaration: You must declare the gold at the Uganda Revenue Authority (URA) and pay applicable taxes or export duties.
  • Destination Country Compliance: Check import regulations in your home country regarding raw gold to avoid legal issues.

6. Risks to Consider

  • Fraud: Uganda’s gold sector has had cases of scams. Be cautious of deals that seem too good to be true.
  • Legal Compliance: Ensure both the purchase and export processes meet local and international legal standards to avoid seizures or penalties.

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Buy Raw Gold From Uganda

Buying raw gold from Uganda can be a viable option, as the country is a significant gold producer in East Africa. However, it involves navigating legal, financial, and security considerations. Here’s a guide on how to proceed:

1. Understand the Legal Framework

  • Licensing Requirements: Ensure that the seller holds a valid mining or export license from the Uganda Directorate of Geological Survey and Mines (DGSM).
  • Due Diligence: Verify the origin of the gold to ensure it is not linked to illegal mining activities or conflict zones, complying with the OECD Due Diligence Guidance for Responsible Supply Chains.

2. Finding Reliable Suppliers

  • Reputable Dealers: Focus on registered mining companies or exporters in Uganda’s gold hubs like Numbi Precious Metals Ltd in Tiira Busia Uganda
  • Trade Associations: Contact organizations like the Uganda Chamber of Mines and Petroleum (UCMP) for recommendations.

3. Documentation and Verification

  • Export Permit: Sellers need an official export license to legally sell gold internationally.
  • Assay Report: Request an assay certificate to verify purity, often conducted by Uganda’s certified laboratories.
  • Invoice & Purchase Agreement: Ensure all documents are properly drafted to avoid disputes.

4. Payment and Security

  • Avoid Cash Deals: Use secure payment methods like bank transfers to track transactions.
  • Secure Transport: Use reputable logistics companies for insured and secure transport, especially if exporting large quantities of Gold.

5. Exporting Gold from Uganda

  • Customs Declaration: You’ll need to declare the gold at Uganda Revenue Authority (URA) and pay applicable taxes or export duties.
  • Destination Country Compliance: Check import regulations in your home country regarding raw gold to avoid legal issues.

6. Risks to Consider

  • Fraud: Uganda’s gold sector has had cases of scams. Be cautious of deals that seem too good to be true.
  • Legal Compliance: Ensure both the purchase and export processes meet local and international legal standards to avoid seizures or penalties.

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