Precious Minerals Trading
The Process

From Enquiry to Payment — A Clear, Simple Process

We have designed our process to be straightforward, transparent, and efficient — so you can focus on your operations while we handle the complexity.

Whether you are a small-scale miner, a mining cooperative, or a commercial operation, the process for selling your gold through Precious Minerals Trading follows the same professional, documented steps.

01

Submit Your Enquiry

Begin by completing our secure enquiry form with details about your gold — the type (nuggets, dust, dore bar, scrap), estimated quantity, and your location. Our team reviews every submission and responds within 24 hours with next steps.

  • Complete the online enquiry form or contact us directly
  • Provide details: gold type, estimated quantity, and location
  • Our team reviews and responds within 24 hours
  • No commitment required at this stage
All enquiries are treated with strict confidentiality.
02

Initial Assessment & Agreement

Once we receive your enquiry, our team will contact you to discuss the details, answer your questions, and agree on the logistics of the assay process. We will confirm the testing method, location, and timeline before proceeding.

  • Our team contacts you to discuss your submission
  • We agree on assay method and logistics
  • Testing location confirmed — on-site or laboratory
  • Timeline and process clearly communicated
We work around your schedule and location wherever possible.
03

Professional Assay & Valuation

Our certified assayers conduct a thorough analysis of your gold using internationally recognised testing methods — fire assay or XRF analysis depending on the material. The result is a precise purity and weight determination that forms the basis of our offer.

  • Fire assay or XRF testing performed by certified assayers
  • Precise purity and weight determination
  • Full written assay report provided
  • Pricing calculated against live LBMA market rates
You receive a full written assay report regardless of whether a transaction proceeds.
04

Offer & Negotiation

Based on the assay results and current London Bullion Market (LBMA) pricing, we present a formal purchase offer. We are transparent about how the price is calculated and welcome questions. There is no pressure to accept.

  • Formal written offer based on assay results and live market rates
  • Full transparency on pricing methodology
  • Time allowed to consider and seek independent advice
  • Negotiation welcomed within market parameters
Our pricing is always benchmarked against live global market rates — no arbitrary discounts.
05

Documentation & Compliance

Once an offer is accepted, our compliance team prepares all required documentation — purchase agreements, KYC verification, responsible sourcing declarations, and any applicable export paperwork. This step protects both parties and ensures full regulatory compliance.

  • Purchase agreement prepared and signed
  • KYC and AML verification completed
  • Responsible sourcing declaration obtained
  • Export documentation prepared where applicable
All documentation is handled by our experienced compliance team.
06

Secure Payment

With documentation complete, payment is processed promptly through secure, verified channels. We support multiple payment methods and work to ensure funds reach you as quickly as possible. Payment timelines are agreed in advance.

  • Payment processed through secure, verified channels
  • Multiple payment methods supported
  • Payment timeline agreed and confirmed in advance
  • Full payment confirmation and transaction records provided
We aim to process payment within the agreed timeline without delay.
Common Questions

Frequently Asked Questions

We purchase gold in all forms — nuggets, alluvial dust, dore bars, semi-refined gold, and recycled or scrap gold. If you are unsure whether your material qualifies, contact us and we will advise.

All pricing is based on the London Bullion Market Association (LBMA) spot price at the time of transaction, adjusted for the purity determined by our assay. We are fully transparent about the calculation.

Depending on the quantity and type of material, assaying can be conducted on-site at your location or at our certified laboratory facilities. We agree the method and location with you in advance.

The timeline varies depending on quantity, location, and logistics. From initial enquiry to payment, most transactions are completed within 5–14 business days. We will give you a clear timeline estimate at the outset.

You will need valid identification and documentation confirming the legal origin of the gold. Our compliance team will guide you through the specific requirements based on your situation and jurisdiction.

Ready to Begin?

Submit your enquiry today and our team will be in touch within 24 hours.