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Project Description
Project Name
African Foreign Gold Trade and Mineral Product Cooperative Development
Mark as important: Time(s)
Browse:374 Time(s)
Project Type Equity investment projects

Investment Mode
Industry  Mining industry, nonferrous metal ore mining and dressing
Location Africa, Ghana
Project Advantages
Project validity period Six months
Mark general 
Project properties encouraged
Estimated Investment
Total amount of project capitals 5 Ten thousand U.S. dollars
Total amount of investment to be attracted 1 Ten thousand U.S. dollars
Expected annual sales revenue  Ten thousand yuan(RMB)
Expected investment payback period  Year
Expected employment figure People
Project description
Description of environment protection

Description of investor conditions
Description of project contents
Our company handles a large number of African projects, mainly in Ghana, Guinea and Nigeria. Since the projects delivery takes long time, it is required to make further follow-up and handover towards procedures and data. Therefore, we will seek partners to make joint development and handover. The project manager has international trade experience for more than 30 years, and is proficient in various articles about letter of credit. The raised funds are mainly used during gold and mineral transactions and as circulating funds or to issue letter of credit. The financing of gold international trade projects is made according to circulating trade projects of each batch. The ownership of goods can be owned by investor or supervised by the accountant assigned by the investor. Funds are earmarked for specified purpose only. The investor’s profits will be returned by 10% every month. If profits are not made for the investor in certain month, the owed profits shall be complemented the next month. It is available to withdraw with breakeven, withdraw due to market availability or make long-term cooperation. Creditor’s rights are not made for the time being. We look for partners and financial investors. In gold trade, gold is imported from Ghana or Guinea to Hong Kong, China. The profits of gold trade every time exceed 25%; the turnover of funds in gold trade is made for 2-4 times every month. The operating procedures are stated as follows: 1. We deposit USD 200,000 to 5,000,000 to central bank or other banks in Ghana or Guinea, and the trial order is USD 200,000; 2. The seller of gold in Ghana or Guinea delivers goods to central bank or other banks in Ghana or Guinea; 3. The central bank or other banks in the country will refine gold and test gold content. We also carry gold tester with us to make spot check; 4. Emirates Airlines will collect air express parcels of gold, and we shall purchase 110% insurance; 5. The gold seller handles all the procedures for export; 6. We will pay funds for gold to the seller at 50-60% discount of the listing price of London gold market; 7. Emirates Airlines delivers via air to the bonded warehouse in Shanghai or Shenzhen or the warehouse of Hong Kong Gold Security Company; 8. The buyer in Hong Kong tests gold content at the bonded warehouse in Shanghai or Shenzhen or the warehouse of Hong Kong Gold Security Company; 9. The buyer in Hong Kong pays funds for gold to us at 90% discount of the listing price of London gold market; 10. We will make remittance to the bank account in Ghana or Guinea and prepare for the next transaction; 11. Loop operation will be made according to the above step 1-10; the selling price of gold with gold content of 94% is USD 25,000 or so per kg in Ghana or Guinea. In the first trial order, the transaction of 5kg gold is made and the trading volume will be increased step by step later up to 200-500 kg. Advantages: 1. light assets will not cost much money, and it only throws a sprat to catch a herring. 2. The connections of upstream resources and downstream resources from multiple parties have been integrated. 3. Through trade operation, risks are controllable in the whole course. 4. With high turnover, annual average profit is more than 200%. 5. We have established very good relations with President, Prime Minister, Speaker et al. in Ghana and Guinea.
Company/Organisation Contacts
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Copyright:Ministry of Commerce of the People's Republic of China
Sponsor::Investment Promotion Agency of the Ministry of Commerce
Address:28 Donghou Lane, Andingmenwai, Dongcheng District, Beijing
Site Management:E-commerce and Information
Technology Division of the Ministry of Commerce
ICP Record No.:Beijing ICP 14022686
Postal Code:100710