1. Q: Is Helvent Investment Limited license company and has the required license to export gold as well the services providing and products selling

A: Yes, Helvent Investment Limited is a company registered as LLC by Ghana Registrar General Department and fulfils its tax obligations by filing its annual financial report and returns to Ghana revenue authority (GRA) and pays it tax to the government of Ghana. HIL Gold Export is licensed by Ghana Minerals Commission as a Licensed Gold Exporter (LGE) and has it legal members with the following local and international institutions

• Ghana Minerals Commission
• Ghana Chambers of Commerce and Industry
• Ghana Export Promotion Authority
• Ghana Shipper’s Authority

International Membership:
Institute of Export and International Trade
London Bullion Market Association- pending approval as an associate member

2. Q. Does HIL Gold Export offer vault services to keep my gold safe?

A. Yes, we have a vault with a storage capacity of 1 ton which is duly insured by an insurance company. Insurance covers clients’ deposit within the period of safekeeping.

3. Q. What size/weight of gold bars, gold coins, silver coins and mints can l purchase from HIL Gold Export?

• Bar: Kilobar , 5 kilogram bars,

Coin (Gold & Silver): 5g, 10g, 20g and 1oz (troy ounce)
Mint (Gold): 5g, 10grams, 20grams and 1oz (troy ounce)

4. Q. I have been offered 160kgs of gold dust or bars on the internet, how do I verify its    authenticity?

• Setup Metal Account with HIL Gold Export to be our client and have the seller or supplier bring it into HIL Gold Export facility for assaying.

5. Q. Can l have my gold jewelry valued at HIL Gold Export

• Yes

6. Q. How does HIL Gold Export calculate the value of my gold jewelry or gold bars

• Based entirely on the content of the gold and prevailing world market price using XRF Gold detecting equipment to determine the gold content per each jewelry or per each gold bar item presented for assay in presence of the clients

7. Q. l am a buyer looking for a reliable source for supply of gold dust and bullion bars, can HIL Gold Export supply any of the commodities

• Yes, HIL Gold Export can supply gold bullion bars.

8. Q. How does a foreign buyer purchase gold from Ghana?

• First in the quest of a foreign buyer buying or purchasing gold, you must find a registered gold trading and export company who are licensed by the Ghana Minerals Commission as a Licensed Gold Exporter (LGE),  like HIL Gold Export, to sign Sales And Purchase Agreement with for weekly , monthly or yearly contract.

9. Q. What is the legal procedure to export gold from Ghana as a foreign gold buyer?

• 1. The buyer must deal and transact directly with the Licensed Gold Export licensed by Ghana Minerals Commission.

      2. The buyer must remit or transfer payment of total quantity of gold bullion bars intend to purchase or export into the Licensed Gold Exporter’s bank account before export will commerce.

     3. The Licensed Gold Exporter (LGE) which intend to export gold bullion bars on behalf of their buyers shall inform the Precious Minerals Marketing Company Ltd(PMMC) in writing of its export plans at least two(2) working days before the planned weekly export after payment is being established by the foreign buyer.

     4. The LGE shall submit the gold dore or bullion bars on behalf of the foreign buyer to be assayed by PMMC at its Assay Centre located at the Kotoka International Airport, together with all declaration documents, packing list and invoice.

     5.The PMMC shall determine the gold content of the gold dore or bullion bars presented by the LGE using the appropriate assay method as agreed by the LGE’s , Minerals Commission and the PMMC.

     6.The PMMC shall invoice the LGE in respect of the assay at the agreed rate of 0.18% of the total value of gold assayed and the LGE shall pay the same to PMMC. The payment of this fee is without prejudice to any fee that may be charged by the Ghana Minerals Commission.

    7. The Ghana Revenue Authority’s customs official at the assay centre shall inspect and supervise the sealing of the assayed gold dore or bullion bars with the Customs Division’s seal and endorse the customs declaration forms . The sealing of the assayed gold dore or bullion bars by the customs shall be done officially in the presence of an authorized representative of the assay centre who shall also affix the seal of the PMMC Assay Centre at the same.

    8.The LGE shall complete the required documentation at the Kotoka International Airport(KIA) before customs officials handover the gold dore or bullion bars assayed for airlifting by the airline and air way bill(AWB) issue by the airline to the LGE.

    9. Under no condition shall gold dore or bullion bars be exported by LGE without the seals of the customs division of the Ghana revenue Authority and the government designated laboratory i.e. PMMC accompanied with full documentation.

    10. After export, the LGE license shall submit monthly, returns to the Ghana Mineral Commission in accordance with the terms and condition of their license agreement and provide evidence of repatriation of funds to the Bank of Ghana.

10. Q. How do l contact HIL Gold Export?

A. Tel: +233-303965626, 0242088444, 0265533181
Email: info@hilgoldexport.com, eco@hilgoldexport.com, www.hilgoldexport.com