Suppliers
If you produce metal, you are not looking for a buyer. You are looking for one who pays.
Miners, doré producers and scrap aggregators carry the risk until the metal is sold. What a trading house is for is taking that risk off you at a price that is written down before the parcel leaves.
What a trader is for
Six things a trader does that a price alone does not.
Price risk
Metal takes weeks to reach an outturn. Someone has to carry the market between collection and settlement, and the terms name the day and the quotation the price is struck against.
Working capital
A provisional payment against an agreed portion of assessed value releases cash before final outturn, so production is not funded by waiting.
Refinery access
Accredited refineries set counterparty requirements most producers cannot meet directly. Routing through an established trading relationship is often the only practical access.
Logistics and insurance
Secure carriage, export documentation, customs and cover to full value, arranged by us as one job.
Compliance systems
The due diligence a buyer in Europe or the Gulf requires is a system, and we run it.
One counterparty for the chain
Collection, refining, insurance and settlement handled by one party you have onboarded once.
The terms that decide the deal
Insist on seeing every one of these in writing, from us or from anyone else. A buyer who will not put them in a term sheet has answered you.
- Payable
- The proportion of assessed metal content you are paid for, stated per metal and per form, with any minimum deduction spelled out.
- Refining and treatment charges
- Stated as figures, per gram or per parcel, not folded into a single headline price. You should be able to reconstruct the number yourself.
- Quotation and pricing day
- Which published reference, on which day, at which time. Whether pricing is at collection, at outturn, or at a date you elect — and who carries the market until then.
- Assay protocol
- Where the parcel is sampled, who witnesses it, which laboratory governs, what the umpire procedure is, and who pays for re-assay. Producers are entitled to witness or appoint.
- Provisional and final payment
- What is paid on collection or receipt, what is paid on final outturn, and the number of days after outturn that final settlement is made.
- Freight, insurance, duty and royalties
- Who pays freight, insurance, duty and royalties, and under which delivery term.
- Deductions
- Every deduction listed before collection.
Mintador publishes no payable percentage, treatment charge or turnaround time. Those depend on the metal, the form, the corridor and the parcel, and a number published here would mean nothing when applied to yours.
Origin documentation
What we need to establish
Where the metal came from, who handled it between there and here, and that everyone in that chain was entitled to handle it.
What usually evidences it
Mining or dealer licences, export permits and declarations, purchase records back through the chain, transport documentation, and identification of the beneficial owners at each step.
Where we help
We tell you what a European or Gulf buyer will require before you ship, so the file is complete while the metal is still with you.
Where we cannot
Some corridors we cannot assess, and some chains have a gap we cannot close. We tell you which it is, and what would have to change for the answer to be different.
Tell us what you produce.
Metal, form, approximate monthly quantity and the country it comes from.