Transportation/Export

Storage

We reduce cost without compromising safety and security. Our broad based and longstanding historical relationships with most major gold and silver producers allow us to provide conjunctive shipping arrangements wherever possible. And by operating in seven countries across West Africa we’re never too far, and offer our customers the best transportation rates available

Export facilitation

1st ABBA Ghana Ltd. is licensed by the Minerals Commission of Ghana to facilitate the export of gold from Accra, Ghana to any destination/refinery of the client through Emirates Sky Cargo or KLM, Royal Dutch Airlines as mandated by the conditions in the License. Clients (SELLER/BUYER, BROKERS) in the West Africa sub-region with gold can utilize this service through 1st ABBA Ghana Ltd. in Accra, Ghana without traveling to the countries of origin for declaration certificates

Gold Export

We offer comprehensive, professional, efficient, and secure third-party export services across all major global trade routes. All our gold exports adhere to Government, Customs, and Bank of Ghana requirements and are executed in accordance with established regulations to world-class refineries overseas.

Exporters are advised to deliver minerals intended for export to the offices of 1st ABBA Ghana Ltd. by 10:00 am for assaying on the day of export. In the case of un-smelted gold, delivery must be made a day prior to the shipment day

Our Export Process

Step 1

Documentation of assay report and invoices by stating fineness or percentage purity to be achieved and percentage of shortage to be realized after refining process.

Step 2

Exporter shall then be furnished with an assay invoice and packing list indicating the weight and fineness of the mineral to be exported.

Step 3

The mineral to be exported will then be sealed in a metal case on the day of export by 1st ABBA Ghana Ltd. with custom seals in the presence of these key officials:

Precious Minerals Marketing Corporation (PMMC) officers
Ghana Customs Officers
Officials of 1st ABBA Ghana Ltd.
An advocate of the Exporter

Step 4

Documents such as Bank of Ghana and Ghana Customs shall be completed by 1st ABBA Ghana Ltd. on behalf of the Exporter.

Step 5

Full address and contact number of Consignee overseas must be provided.

Step 6

Transportation of mineral meant for shipment to the appropriate airline shall be effected by 1st ABBA Ghana Ltd.

Step 7

Airfreight and insurance charges shall be the responsibility of the Exporter/Consignee.

Step 8

The Mineral to be exported shall be accompanied with the following documents:

1st ABBA Ghana Ltd. assay invoice, packing list and pro forma invoice which will vividly outline the purity and quantum of the mineral as regards the ounces and kilograms.
Cost of minerals expressed in both Dollars and Cedis with respect to the spot price of the London Bullion Metal Association (LBMA) on the day of export.
Bank of Ghana export documents and
Custom export documents.

Step 9

The Exporter shall be made to pay a negotiable fee as a percentage of the cost of gold to be exported in dollars per kilogram, for assaying and smelting fees.

Rate of Charges

A mandatory 3% withholding Tax on all gold purchases in Ghana and this is paid to GRA at their offices at Kinbu before proceeding with the gold to PMMC office at the airport.
0.20% on the total to be exported payable to the minerals commission as small-scale sustainability fund.
0.2524% payable to PMMC as re-assay charges inclusive of 1% Covid-19 Health Recovery Levy.
0.1515% as service charge inclusive of 1% Covid-19 Health Recovery Levy.
Freight as charged by airline.

Pure Confidence

Along every step of the process, we are focused on transparency—from the moment we receive your materials and throughout the evaluation—welcoming our customers or their 3rd party representatives to witness the entire process.