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

• Gold mining companies and cooperatives in DRC sell dore bars Like Numbi Precious Metals Ltd
• Licensed gold traders and exporters are also key sources.
• The largest mining areas in DRC include Ituri, South Kivu, North Kivu, and Haut-Uélé. Bakavu

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?