Alex Who is the Ghana precious minerals marketing company?
Precious Minerals Marketing Company (PMMC) Ltd was established in 1963 as Ghana Diamond Marketing Board charged with the sole responsibility for the purchase and marketing of Ghana’s diamonds. In 1965, by Legislative Instrument (LI) 401, the Company was incorporated as a State Owned Enterprise (SOE).
How much does it cost to assay gold in Ghana?
The PMMC shall invoice the LGE in respect of the assay at the agreed rate of 0.1% of the value of gold assayed, and the LGE shall pay the same to PMMC. The payment of this fee is without prejudice to any fee that may be charged by the Minerals Commission.
Is there a history of gold mining in Ghana?
Ghana has a long history of mining, especially for gold. Gold is a precious metal of high monetary value, sought after for the production of coins, jewellery, and other artefacts.
How does the Ghana Chamber of Mines work with PMMC?
Government has directed the Ghana Chamber of Mines to work with the Precious Minerals Marketing Company (PMMC) to check the real amount of gold exported out of the country. The directive follows a number of undervalued quantities of gold declared in Ghana against high values of the commodity recorded abroad.
How are precious metals allocated in a vault?
100% ALLOCATED AND 100% SEGREGATED. Your precious metals are 100% allocated (meaning physically present at the storage location and not owned by anyone else) in a vault of your choosing and is additionally always segregated from other accounts.
Precious Minerals Marketing Company (PMMC) Ltd was established in 1963 as Ghana Diamond Marketing Board charged with the sole responsibility for the purchase and marketing of Ghana’s diamonds. In 1965, by Legislative Instrument (LI) 401, the Company was incorporated as a State Owned Enterprise (SOE).
The PMMC shall invoice the LGE in respect of the assay at the agreed rate of 0.1% of the value of gold assayed, and the LGE shall pay the same to PMMC. The payment of this fee is without prejudice to any fee that may be charged by the Minerals Commission.
What can you do with global vault group?
With Global Vault Group you can buy, store, finance and trade physical precious metals. You have access to top tier precious metals products. All precious metals are of Hallmark refineries and exchange approved. GVG only offers physical bullion and does not deal in futures, options, securities or derivatives.