Is Mine-Run Gold from Guyana genuine?
Quick answer
Yes. Mine-Run Gold comes from a documented origin under Guyana Gold Board oversight, its purity is verified by assay in Dubai, and settlement is based on confirmed content rather than a promise. Avoid any offer demanding a large advance before inspection.
Sourced from Guyana's regulated mines
Our mine-run originates in Mahdia and Aranka. Guyana's gold sector is regulated by the Guyana Gold Board and the Guyana Geology and Mines Commission, which oversee declaration, export permits and the licensing of dealers and miners. That framework is the backbone of the documentation you receive.
Sourcing from a single, regulated origin country is a deliberate contrast to the anonymous, mixed-origin dore that fuels much of the negative news around the global gold trade. With Guyana Gold Mines, the chain of custody runs from a known region, through the Gold Board export procedure, to your assay in Dubai, and it is documented at every step.
Payment terms and avoiding scams
Our default is payment after assay. You inspect and assay the gold, and settlement follows on the confirmed content, often within twenty-four to seventy-two hours of inspection. For established relationships and larger programmes, payment can be structured around a documentary letter of credit or a standby instrument, with settlement by MT103 wire on delivery.
The gold trade attracts a lot of fraud built on advance-fee demands, fake safe-keeping receipts and fantasy discounts. We publish a full, plain-language guide to the deal-flow chain, from the soft corporate offer through to final settlement, precisely so buyers can tell a real procedure from a scam. If any counterparty asks for a large payment before you have seen and assayed the metal, treat it as a red flag.
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Frequently asked questions
What purity is Mine-Run Gold from Guyana?
Mine-Run Gold typically assays 85% – 92% Au, unblended. The exact content is confirmed by Fire assay and XRF on arrival in Dubai, and settlement is based on that assayed figure.
What is the minimum order for mine-run gold?
The minimum order is 1 kg, and monthly availability runs to by allocation. Trial orders can scale into regular monthly tranches under a longer contract.
How is mine-run gold priced?
It is priced against the LBMA spot: lbma spot minus 5% to 7.5%, single-origin premium negotiable. Final pricing is confirmed against an agreed window and the assayed content.