2. Procedure for the purchase of raw gold from

Mali or Burkina Faso

Below are our non-negotiable procedures for all customers buying gold from the Seller. The procedures are a simple design to protect both our company and the prospective gold buyer. And it is this procedure that gives the Seller a reliable and trustworthy image in the gold business.

1. All new buyers are supposed to visit Seller’s head office in Burkina Faso for contract signing. It is the company policy not to sign any contract off air or through internet because of the high crimes involve in this type of contract. In case the buyer himself cannot travel; he can mandate his own agent to come and sign contracts. We believe that, if you are going to do a gold business and do business with us, the best way to conclude it successfully is to be in a table top meeting, sign contracts face to face and exchange documents. This gives each party much assurance.

2. Once the contract is signed in Seller’s office, on the same day, the Seller will arrange for the contract quantity to be brought to the office for the customer to analyze and/or take control. After this, the gold will then be taken to the Customs office for documentations and to prepare for shipment. Seller will take care of all documentation requirements.

3. The Buyer or buyers agent will be present during the documentation procedure for the gold as there are some documents that need to be signed by both parties.  All taxes from seller's origin to the buyer's destination are to be borne by the Buyer.

4. Once the documentation process is completed/finished, the seller will send copies to the buyer’s refinery to prepare for the arrival of the gold. Once the gold arrives at the refinery accompanied by the seller’s representative the buyer will take care of all the import duties and will also provide the security escort to the refinery. The buyer will then have ten (10) working days to settle the total value of the invoice for the gold.
    
5. The Buyer will be required to provide "Proof of Funds" (POF) during the table top meeting and the seller will also provide "Proof of Products" (POP) at the same time before the contract is signed.

Bank Instrument
L/Cs, BGs and MTs in any form are not accessible here in the countries banks for  gold that is not refined and recognized by the LBME refinery. So the Seller only provides NON-Refined gold. The above banking instruments are only acceptable by any local bank if  the gold is refined by the LBME refinery and it hallmark to be of not less than 24 carats in quality. So that is to say, No bank will accept any LCs or BG for "Non Refined Gold".

Do not be misled by brokers or fraudsters who will waste your time and money.

Company documentations
The Company does not and will not send any official company documents to any person without having met the buyer in person first. All our company documents will be given to the buyer at the table top meeting.