Dear Members:
We are opening a small gold mine in Peru with expected annual production of 500 - 700 kg. We have been approached by representatives of major refineries in Lima to take our Dore production at 3 % discount to Spot prices. My questions, since this is small production, can we get a better deal if we refine our Dore at Canadian Mint and then sell it to wholesale jewelry companies.
Thank you for your feedback and advice.
Ken
We are opening a small gold mine in Peru with expected annual production of 500 - 700 kg. We have been approached by representatives of major refineries in Lima to take our Dore production at 3 % discount to Spot prices. My questions, since this is small production, can we get a better deal if we refine our Dore at Canadian Mint and then sell it to wholesale jewelry companies.
Thank you for your feedback and advice.
Ken