Ghana and Africa is the world’s gold mining hub, and it makes sense for western gold buyers to take advantage of the highly competitive prices of miners in Africa. As gold prices in the west continue to rise, local gold miners in Africa provide ideal opportunities for western buyers to buy and sell gold at competitive prices, but how to find the local miner that’s right for you? 

How to find a local gold miner or seller in Africa.

Let’s say you’re buying gold from Africa for the first time. Finding trustworthy African local gold miners or sellers will be near the top of your wishlist, as everyone has heard the horror stories of African gold sellers behaving badly. 

Buying gold direct from local miners is a good idea if you can handle it, as you can avoid various fees that you might pay to middlemen or sourcing agents, however it may be more work (and risk) than you initially expect.

For instance, it’s a lot more complex than simply checking online or B2B directory, choose and place an order with a ‘gold seller’ because they seem more legitimate? 

You will need to follow a process including:

1. Identifying potential local gold miners/sellers
2. Screening these sellers and verifying the last candidate(s)

Ways To Find Local Gold Miners in Africa

There are various established methods of finding African gold miners or sellers: online research, networking with gold buyers who successfully purchase gold from Africa, and visiting the mining companies.

Finding A Reliable Local Gold Miners

An online search can be helpful to get unsolicited testimonials that attest to the quality of African local gold miners.

Word of mouth is one option when looking for reliable local gold miners in Africa. If you have trusted industry contacts in your home country, ask which African gold sellers they recommend.

A good gold sourcing agent will ensure that you find a reliable local gold miners. They have a wide range of contacts within Africa and will put you in touch with an honest and efficient local gold miner that will meet your needs. For many buyers, a sourcing agent is the best option to find reliable gold sellers in Africa.

Gold seller screening and verification

We suggest three stages to go through in order to narrow down your shortlist of potential gold miners or sellers, from the identification stage to a preferred option who you can place an initial test request with. As you can imagine, for best results your physical presence in Africa will be required, especially for the mining site or company visits and meeting with the sellers:

• Performing background checks and due diligence
• Company visits (by yourself and/or Local Agent)
• Physical face-to-face meetings

If you don’t have time to visit the gold seller in Africa, you might need help from a local agent that can handle the following tasks:

• Identifying potential local gold miners/sellers
• Performing background checks and due diligence
• Day to day management of the seller relationships (negotiation, communication, gold inspection, paperwork, shipments follow-up, handling crises if any)
• All along, ensuring you retain transparency over what happens in the gold purchasing process, and retaining the control you need over it

How Iszy Gold act in your interest to find local gold sellers in Ghana and Africa

Here at Iszy Gold, we assist gold buyers to go through all of the above processes in order to find the best possible local gold miner in Africa.

If you come to us wondering how to find a local gold miners or sellers in Africa and requiring assistance, here’s what we can do to help.

New Gold Seller Identification

The local gold miners identification process mentioned earlier is time-consuming and risky as buyers don’t have the time or money to waste on working with a gold seller who turns out to be a bad fit.

In particular, if you want to avoid trading companies or middlemen but you conduct your research online, you will probably end up working with the wrong people.

Iszy Gold works for you on the ground in Ghana and Africa to find you the best possible qualified gold-ready gold sellers for your needs from our own network of qualified local gold miners and sellers that has been built up over many years.

Here’s how the process that we follow looks:

1. Collect Commodity Specification (from the client)
2. Provide you a quotation for sourcing service and get payment from you
3. We Identify a list of local gold miners and sellers from various sources
4. Provide a report in Excel with information collected and full contact details.

This service costs $2,499 USD per sourcing project, and you will receive the following deliverables a list of potential gold sellers we have identified, with all the information we gathered from them within 7-10 working days:

• Company name and contact information
• Current mining, capacity
• Quality standards, company certifications
• Business terms and conditions

Learn more about this service on its page here >> African gold seller Identification

Gold Seller Background Check

You are right to be wary of being scammed by unscrupulous individuals posing as local gold miners. Therefore, we conduct off-site background checks as part of your gold seller vetting process.  This includes a business registration and certificates check. 

This service cost is $1,999 USD, and the results are available quickly in just 5 working days. 

Learn more about this service on its page here >> Gold seller background check in Africa