Gold you can trace, from a company you can audit.
A refinery can only accept gold with a proven responsible origin, so we build due diligence into every purchase.
Due diligence on every lot.
Our sourcing policy follows the five-step framework of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, including its gold supplement.
In the UAE we operate under the Ministry of Economy's due diligence regulations for responsible gold sourcing and the federal anti-money-laundering rules for dealers in precious metals. In Tanzania we work within the Mining Act and the requirements of the Mining Commission.
- Supplier checks
- Mining licences verified, mine sites identified and suppliers screened before the first purchase.
- Red flags
- No gold linked to conflict, forced or child labour, or serious human rights abuses.
- AML / CFT
- Customer identification, sanctions screening and suspicious-transaction reporting.
- Record keeping
- Permits, assays, contracts and payments kept for every transaction.
What we check before we buy.
Legal right to mine
A valid mining licence or primary mining licence, checked against the issuing authority.
Known mine site
The site is identified and its production is consistent with the volumes offered.
Who we deal with
The supplier and its owners are identified and screened against sanctions and watch lists.
To raise a concern about our supply chain, write to pradeep@apexminesandminerals.com. Concerns are reviewed by the directors and handled confidentially.
Empowering industries with every ounce extracted.