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The Purchase and Exportation Process
Purchasing precious metals from the Democratic Republic of Congo can seem complex, but with the right guidance, it’s a seamless process. At TerraNova Minerals, we act as your trusted partner, handling every step from sourcing to exportation. Below is a breakdown of how we ensure a secure and transparent transaction.
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4. Security & Risk ManagementFor gold transactions, we implement strict security measures to protect your investment: ✅ You receive product collateral equal to the amount spent on documentation ✅ The collateralized product is stored securely in a location of your choice ✅ If export documents are not processed, you retain the collateral product ✅ Once export papers are finalized, we move forward with shipment ✅ The collateral remains untouched until the final steps of the transaction
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2. Product Inspection & TestingUpon arrival, you’ll have the opportunity to inspect the minerals alongside our team. We’ll determine how many gold nuggets to take for testing and proceed with verification. For gold, testing is conducted at the Ministry of Mining because: ✔️ It’s an official, government-backed process ensuring security for both parties ✔️ The results are reliable and provided within an hour ✔️ No prior appointment is needed ✔️ Testing fees can be negotiated between the buyer and seller For diamonds, you may bring your own specialist, or we can assist you in selecting a reputable laboratory for analysis. For copper, testing procedures vary and will be agreed upon in our contract.
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5. Export & DeliveryBefore shipment, gold nuggets must be refined into bars, as raw nuggets cannot be legally exported. This is done concurrently while the transit agent processes export permits. Final Steps: ✔️ Ownership transfer is completed at the destination ✔️ Initial export-related costs are deducted from the final balance ✔️ The remaining payment is settled within three days ✔️ The collateralized product is returned upon final payment We work with you to arrange secure transportation, ensuring your minerals reach their destination safely. Whether by air freight or another method, we handle the logistics to make the process hassle-free.
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1. Consultation and AgreementOur journey together starts with a conversation. We’ll discuss: The type and quantity of minerals you’re interested in Purity levels and current market prices Where the product is located Pricing terms that work for both parties Once we’re aligned, we’ll draft a contract outlining the terms. Depending on where the minerals are located, we’ll arrange the necessary verification procedures. To confirm your intent to proceed, we’ll require: A copy of your passport Proof of travel (flight ticket) Visa documentation
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Official Export DocumentsThe following certifications and permits will be issued based on the type of mineral being exported: 📜 Government royalty clearance 📜 Insurance certificates 📜 Certificate of origin 📜 Certificate of ownership 📜 Export permit 📜 Refining certification 📜 Assay Report (purity verification) 📜 Transport and security documentation 📜 Proof of tax compliance
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3. Documentation & Export PreparationOnce the product passes verification, an official Assay Report will be issued by the ministry. From there, we move to the transit agency, where export documentation is processed. The Transit Agent will: Provide a detailed breakdown of required permits and associated costs Outline agent fees, refinery expenses (for gold), and transportation charges Process all export documentation within approximately four days 💡 Important: The full amount for export documentation must be paid upfront before processing begins. To safeguard your investment, Freedom Minerals will issue a product equivalent in value to your payment as collateral. This amount will later be deducted from your final invoice.
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