Does HFM purchase loose alluvial gold dust?

No. We exclusively purchase alluvial gold that has been smelted into dore form. Loose alluvial dust introduces unacceptable contamination and chain-of-custody risks. Sellers must engage an accredited smelter before submission.

What purity range is accepted for alluvial dore?

We accept alluvial dore with a minimum gold content of 35%. Lots between 35–45% gold are subject to a supplementary deduction schedule to account for higher refining costs.

What does the mandatory conflict minerals declaration (CMD) require?

The CMD requires identification of all beneficial owners in the supply chain, a declaration that no armed group has benefited from the trade, evidence of community engagement, and endorsement by the local regulatory authority.

Can I submit alluvial gold from a joint venture with an artisanal cooperative?

Yes, subject to full compliance vetting of the joint venture structure. All entities with beneficial ownership above 10% must be subject to KYC/KYB. The cooperative must hold a valid mining registration.

How is the settlement price determined for alluvial dore?

Settlement is based on the LBMA AM/PM gold fix on the agreed pricing date, adjusted for the assay-confirmed gold content (via fire assay), less our standard deduction schedule for refining, assay, and logistics.

Services • Alluvial Gold Purchasing

Alluvial GoldPurchasing

ASM alluvial dore from credible miners and licensed aggregators, processed through a rigorous three-stage onboarding and compliance workflow.

ASM Sourcing & Smelted Dore Protocols

Services · Doré Bar Purchasing

Institutional Buyer of Smelted Alluvial Gold Doré Bars in Dubai

HFM Gold Trading LLC provides a structured procurement process for licensed ASM (Artisanal and Small-Scale Mining) suppliers, mining cooperatives, government mineral boards, and authorized exporters seeking access to the formal bullion market in Dubai.

Operating from Deira Gold Souk, we purchase smelted alluvial doré bars through a compliance-focused framework designed to support responsible sourcing, refinery verification, and transparent settlement procedures.

Submit a Lot for Assay All Services

This part will be replaced with image Material Acceptance

Accepted Form

Smelted Alluvial Doré Bars

Not Accepted

Raw Gold DustFlakesNuggets

Smelting Requirement

Licensed facility, country of origin, prior to shipment approval.

Not Accepted · HFM Gold does not purchase raw alluvial gold dust, flakes, or nuggets for international transactions. All alluvial-origin material must be smelted into solid doré bars at a licensed facility in the country of origin before shipment approval.

Specifications

Smelted Alluvial Doré Requirements

HFM Gold only purchases smelted alluvial doré bars that meet refinery and compliance standards.

Accepted Form: Smelted alluvial doré bars
Gold Purity: 80% – 90%
Minimum Shipment: 5 kg per transaction
Preliminary Testing: XRF / ICP-MS
Final Assay Method: Fire Assay
Origin Requirement: Smelted at licensed facility

Compliance

Responsible Sourcing & ASM Compliance

All alluvial-origin material is subject to enhanced compliance procedures due to the risks associated with informal mining supply chains.

HFM Gold only works with suppliers operating within regulated ASM frameworks and legally authorized mining environments.

Our Sourcing Procedures Align With

Documentation

Conflict Minerals Declaration (CMD)

Each shipment must include a signed Conflict Minerals Declaration (CMD) before authorization can be issued.

The Declaration Must Include

Mine site coordinates
Chain-of-custody details
Exporter identification
Environmental declarations
Responsible sourcing confirmation

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Mine site coordinates
Chain-of-custody details
Exporter identification
Environmental declarations
Responsible sourcing confirmation

Incomplete documentation may delay onboarding and transaction approval.

Due Diligence

Site Verification & Supplier Assessment

For selected ASM supply chains, HFM Gold may conduct physical mine assessments and operational verification before authorizing commercial transactions.

Physical verification helps maintain supply chain transparency and responsible sourcing standards.

Verification Procedures May Include

Concession validation
Operational review
Origin confirmation

Pricing that follows the assay, not the other way around.

Assay & Settlement Process

Preliminary Evaluation

Indicative pricing is provided after review of the supplier’s assay report and shipment information.

XRF and ICP-MS reports are accepted for preliminary shipment evaluation and transport authorization.

Final Settlement

Final commercial settlement is based on Fire Assay results conducted through independent laboratories and refinery partners in Dubai.

Settlement is generally completed within 24 to 48 business hours after the final assay process.

Accepted Settlement Currencies

USDAEDEUR

Accepted Sourcing Regions

Where we source doré from.

HFM Gold purchases smelted alluvial doré bars from compliant sourcing regions including:

Africa

GhanaTanzaniaMaliBurkina FasoGuinea

Southeast Asia

IndonesiaMalaysia

South America

PeruEcuador

All suppliers must provide valid mining authorization and export documentation before shipment approval.

Onboarding

Required Documentation

To initiate an alluvial gold transaction, suppliers must provide:

Mining License or Export Permit
Certificate of Origin
Assay Certificate
Customs Documentation
Packing List
Proforma Invoice
Company Registration Documents
UBO Declaration
Director Identification Documents
Conflict Minerals Declaration (CMD)

Questions

Frequently Asked Questions

No. We only purchase smelted alluvial dore bars processed at licensed facilities in the country of origin.

Our standard procurement range is between 80% and 90% gold content.

Yes. All ASM-origin transactions must complete compliance review and documentation verification before approval.

Settlement is generally completed within 24 to 48 business hours after the final Fire Assay result.

Ready to Initiate ASM Onboarding?

Establish Correspondence

Private Consultation

For alluvial gold inquiries or to begin the three-stage onboarding process, coordinate directly with HFM Gold Compliance Department.

Headquarters

106, Gold Land Building, Dubai, UAE

Trading Desk

+971 4 395 0866

Correspondence

info@hfmgold.com