Primary Objects
- To engage in the lawful buying, selling, trading, aggregation, assaying, refining, storage, transportation, import and export of gold, gold dore, bullion, precious metals and mineral products within Kenya and internationally, in accordance with the Mining Act, 2016 and all other applicable laws and regulations.
- To act as a licensed mineral dealer, bullion trader, aggregator and exporter of gold and other precious metals, including the purchase of minerals from artisanal, small-scale and licensed miners, cooperatives and authorised mineral sellers.
- To apply for, obtain, hold and maintain mineral dealer licences, export permits, assay certifications and all other regulatory approvals required by the Ministry responsible for mining, customs authorities, revenue authorities and other relevant government bodies.
Operational & Support Objects
- To establish, operate and manage bullion trading offices, gold collection centres, secure storage facilities, vaults and bonded warehouses, whether owned by the Company or operated through licensed third-party service providers.
- To conduct or commission mineral testing, assaying, refining and quality verification, including fire assay, XRF testing and other approved analytical and metallurgical methods.
- To enter into contracts, agency agreements, off-take agreements, joint ventures and supply arrangements with miners, traders, refineries, logistics providers, insurers, financial institutions and international buyers.
- To provide or arrange logistics, security, insurance and transportation services for bullion, precious metals and mineral consignments by air, land or sea, subject to applicable licences and approvals.
Regulatory, Compliance & Governance Objects
A. To comply with all applicable laws and regulations relating to anti-money laundering, counter-terrorism financing, conflict-free and responsibly sourced minerals, environmental protection and international trade compliance.
B. To establish and maintain internal compliance systems, risk controls, policies and procedures in line with international best practices governing the trade of bullion and precious metals.