Sourcing
The sourcing of precious metals is a global enterprise, with operations spanning every continent and extraction taking place in mines of varying types and sizes.
Gold mining operations have diversified geographically in recent years, moving away from the concentrated supply of four decades ago when South Africa was the primary source of the world’s gold.
AgaOne has been sourcing gold from mining countries worldwide, and our logistics procedures consistently ensure fast and secure transportation of materials to partner refineries and smelters. Responsible sourcing is integral to our corporate culture. We adhere to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas to ensure that all our gold is responsibly produced. AgaOne prohibits trading of any gold until it has been proven to be responsibly produced. In addition to sourcing from the mining industry, we remain dedicated to increasing our supply of gold from recycled and secondary sources.
Offtake Agreement
AgaOne is a specialized trader in offtake agreements between a producer of a resource and a buyer to purchase or sell portions of the mining companies’ future production.
Typically negotiated before the construction of a facility like a mine, offtake agreements secure a market for the facility's future output. By establishing these agreements, mining companies can demonstrate to lenders that there is a guaranteed buyer for their production, facilitating the financing required to build the plant.
Our offtake agreements are legally binding and are established before the actual gold production commences. Some benefits for the production company include:
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Guaranteed market and a stable revenue source for production.
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Secured funds for facility creation.
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Hedging against future price changes.
Gold Streaming
Gold streaming involves agreements between mining companies and streaming firms to purchase all or part of the production at a predetermined discounted price agreed upon by both parties. In return, upfront financing is provided for mining companies seeking capital.
Gold Procurement
At AgaOne, we procure gold through various means:
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Acquiring gold doré bars from mining countries across multiple continents.
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Converting doré into fine gold bars adhering to global good delivery standards.
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Scrap Gold Recycling