Transportation /export - Benkotec Refinery

Close at Hand

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

BENKOTEC REFINERY, is licensed by the Minerals Commission of Ghana to facilitates 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 BENKOTEC REFINERY in Accra- Ghana without travelling to the countries of origin for declaration certificates.

Gold Export

We offer complete professional, efficient, fast and secure service third party export services throughout all major global trade routes. All our gold exports meet Government, Customs and Bank of Ghana requirements and are executed through the laid down regulations to world-class refineries overseas.

Exporters are advised to deliver minerals of interest bound for export to the offices of BENKOTEC REFINERY by 10:00 am for assaying on the day of export. In any case, un-smelted gold must be delivered a day prior to the shipment day.

Our Export Process

Step one

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 three

The mineral to be exported will then be sealed in a metal case on the day of export by BENKOTEC REFINERY with custom seals in the presence of these key officials:

Precious Minerals Marketing Corporation (PMMC) officers
Ghana Customs Officers
Officials of BENKOTEC REFINERY
An advocate of the Exporter

Step six

Transportation of mineral meant for shipment to the appropriate airline shall be effected by BENKOTEC REFINERY.

Step nine

he 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.

Step two

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

Step four

Documents such as Bank of Ghana and Ghana Customs shall be completed by BENKOTEC REFINERY on behalf of the Exporter.

Step five

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

Step seven

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

Step eight

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

BENKOTEC REFINERY 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.

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.