SPG controls every stage of the gold supply chain. From mine agreements at source to secured shipment into Dubai’s refinery network, every step is managed internally with no dependence on third-party intermediaries.
Every stage is operated, documented, and controlled by SPG teams. No intermediary layers.
Multi-country mine site agreements and MoUs across Tanzania, Guinea, Ghana, and South America. Own mines allocation in Tanzania. Direct relationships with artisanal and small-scale mining communities.
Surface open-pit extraction from gold-bearing ore concessions. Underground operations accessing deeper hard rock deposits. Alluvial mining on waterway concessions with partner miners.
Own smelting operations convert raw ore, dust, and nuggets into dore bars. Own dore bar preparation with SPG-operated machinery. The jewellery processing unit in Tanzania provides additional value-add conversion.
Secured shipment with full government-process documentation at every border. All export paperwork, permits, and chain-of-custody records maintained throughout transit.
Registered with reputed refineries across the UAE for bullion bar production. Assay conducted on arrival. Refined to London Good Delivery standards where specified.
Bullion delivered to institutional buyers, B2B trade partners, and refineries. DGCX active trading membership provides exchange-level price discovery. Own hedging account via MultiBank Group manages open price exposure.
We own the relationships at origin. Source poaching is the single biggest risk in African gold trade. Our on-ground presence and long-term miner agreements neutralise it.
No dependence on spot-market supply. Mine allocations and MoUs deliver consistent volume for forward planning.
Eliminating intermediary layers compresses the cost stack between mine gate and buyer, improving value at every stage of the chain.
Success in this market depends on trust, process, access, and protection of source. SPG has spent years building each of these. They are not easily replicated.
Photography from active SPG concessions. Drilling, geological review, hard rock cores.
Open-pit operations extracting gold-bearing ore from concessions across West and East Africa.
Advanced tunnel operations accessing deeper gold deposits in hard rock formations.
Waterway-based alluvial gold recovery across small-scale concession partner sites.
Smelting of dust, nuggets, and crushed ore into dore bars at SPG-operated facilities. Dore bars shipped to UAE refineries for bullion bar production and assay.
SPG operates its own jewellery processing unit in Tanzania, providing additional value conversion on gold recovered from Tanzanian mining operations.
Ghana.Africa’s leading gold producer. The sector accounts for approximately 57% of export revenue and 7 to 8% of GDP. Production reached 4.8 million ounces in 2024 with projected growth to 5.1 million ounces in 2025. The UAE receives approximately 40% of Ghana’s gold exports ($4.9B), positioning Dubai as the natural trade hub for West African gold, the corridor SPG is built to serve.
Tanzania.Among East Africa’s leading gold producers, with significant alluvial and hard rock reserves. SPG holds mine allocations in Tanzania and operates a jewellery processing unit in-country.
Guinea.One of the continent’s highest-grade underexplored gold belts, particularly in the eastern region. SPG holds sourcing agreements in Guinea.
Source: Public market data, Afrimex Gold Limited Company Overview 2025. Market-level statistics, not SPG performance figures.
