Concentrate
nounArabic term: المركز
Definition
Gravity-concentrated gold-bearing material from sluice or shaker-table recovery, sold on assayed contained gold.
Used in a transaction
Concentrate is priced on contained gold at a wider discount.
Concentrate in the context of Guyana gold
In the vocabulary of the gold trade, Concentrate means this: Gravity-concentrated gold-bearing material from sluice or shaker-table recovery, sold on assayed contained gold. For anyone buying or selling gold from Guyana into Dubai, reading this term correctly is the difference between a clean transaction and a costly misunderstanding.
Concentrate does not stand alone. In a real deal it sits alongside Sponge Gold, Assay and Discount to Spot, and following those connections is how a professional reads an offer from the first quote to final settlement.
In practice you might see it used like this: "Concentrate is priced on contained gold at a wider discount." That is exactly how Concentrate appears in real Guyana-to-Dubai deals, where value is always confirmed on assayed content rather than a stated figure, and payment follows inspection.
How we apply Concentrate
When you deal with us, Concentrate sits inside a clear procedure: the deal is priced against the LBMA spot, the gold is assayed in Dubai, and settlement is based on the confirmed content, with no large advance payment. As a sourcing organisation with a network of over 1,000 miners, mines, dealers and refiners across Guyana, we use Concentrate in exactly the sense defined above.
If you see Concentrate used in a way that does not match this definition, or to push you toward paying fees before inspection, treat it as a warning sign. The right term clarifies a deal; it is never used to obscure one.
Related terms
Frequently asked questions
What does Concentrate mean?
Gravity-concentrated gold-bearing material from sluice or shaker-table recovery, sold on assayed contained gold.
How does Concentrate relate to buying Guyana gold?
We apply Concentrate transparently in our deals, with LBMA-linked pricing, settlement on assay and payment after inspection.