WIGMORE TRADING LTD, 5TH FLOOR, MULLINER TOWERS, FORMER NNPC BUILDING 39, ALFRED REWANE WAY, IKOYI LAGOS

HOURS: 6 AM -4 PM PST M - TH; 6 AM - 3 PM PST FRI

+234 1 2934174 +234 1 2934176

Unlock the potential for profit: How Wigmore Trading can help you buy and export gold from Madagascar
Get in touch on Whatsapp now:

Unlock the potential for profit: How Wigmore Trading can help you buy and export gold from Madagascar

Are you looking to tap into the lucrative gold market and expand your business? Look no further than Madagascar, a country abundant in precious metals. But buying and exporting gold from overseas can be daunting without the right guidance. That’s where Wigmore Trading comes in – our expert team has years of experience in sourcing high-quality gold from Madagascar and facilitating hassle-free exports for our clients. Read on to discover how we can help unlock significant profit potential for your business through buying and exporting gold from this resource-rich nation.

Introduction to Wigmore Trading

Few people know that Madagascar is the world’s fourth largest producer of gold. Yet, due to a lack of infrastructure and political instability, the country has been unable to capitalize on its natural resources. Wigmore Trading is one of the few companies working to change that.

Wigmore Trading is a Swiss-based company that specializes in buying and exporting gold from Madagascar. The company was founded in 2011 by two entrepreneurs, Nicolas and Jeremy, who saw an opportunity to help the people of Madagascar while also making a profit.

Since then, Wigmore Trading has been working with local miners and suppliers to source gold at a fair price. They have also invested in building relationships with buyers in Switzerland and other countries, which has allowed them to get better prices for their gold. In addition, they have put systems in place to ensure that the gold they buy is conflict-free and does not contribute to environmental degradation.

As a result of their efforts, Wigmore Trading has become one of the leading exporters of gold from Madagascar. In 2017, they exported over $10 million worth of gold and are on track to exceed that amount this year.

If you are interested in buying or selling gold from Madagascar, Wigmore Trading is a great option. They are committed to providing a fair price for both buyers and sellers, and their experience and expertise makes them a reliable partner in this often unstable country.

Overview of the Gold Mining and Export Industry in Madagascar

Madagascar is a country with a long and rich history of gold mining. Gold has been mined in Madagascar for centuries, and today it is one of the country’s leading export industries.

There are two main types of gold mining in Madagascar: small-scale artisanal mining, and large-scale industrial mining. Artisanal miners typically work with simple tools and methods, and often do not have access to modern technology or equipment. Industrial miners, on the other hand, use large-scale machinery and equipment to mine gold.

Madagascar has a total gold reserves of about 2 million ounces (60 tonnes). The majority of this gold is located in the southern part of the country. There are four main gold-producing regions in Madagascar: the Anosy region, the Betsiboka region, the Mandena region, and the Mahajanga region.

The Anosy region is home to the country’s largest gold mine, the Ambatovy Mine. The Ambatovy Mine is operated by Canadian company Sherritt International. It is estimated that the mine has reserves of about 1.6 million ounces (45 tonnes) of gold.

The Betsiboka region produces the second-largest amount of gold in Madagascar. The vast majority of gold mines in this region are small-scale operations run by local miners using simple tools and methods.

The Mandena region is home to several large-scale industrial mines, as well as many

Advantages of Working with Wigmore Trading

When it comes to gold trading, Wigmore Trading has a number of advantages that make it the ideal partner for anyone looking to buy and export gold from Madagascar.

First and foremost, Wigmore Trading is a highly experienced and reputable company with a wealth of knowledge and expertise in the gold market. This means that when you work with Wigmore Trading, you can be sure that you are getting the best possible advice and guidance on how to buy and export gold from Madagascar.

Second, Wigmore Trading has an excellent relationship with the government of Madagascar, which means that we can help you navigate the process of obtaining all the necessary permits and licenses for your gold trading business.

Third, we have a strong network of contacts in the gold industry in Madagascar, which allows us to source the best quality gold at competitive prices.

Fourth, we have our own state-of-the-art processing facility in Antananarivo, which means that we can provide a quick and efficient service for our clients.

Finally, we are committed to providing a high level of customer service, which includes offering free consultation services to our clients so that they can make informed decisions about their gold trading business.

How to Buy, Transport and Export Gold from Madagascar

Gold is one of the most valuable commodities in the world and, as such, it is no surprise that there is a large market for gold in Madagascar. The country has a long history of gold mining and export, and today it is one of the largest producers of gold in Africa.

However, due to the political instability in Madagascar, buying and transporting gold can be a risky proposition. This is where Wigmore Trading comes in. We are a company with over 25 years of experience in the commodities trading business, and we have extensive experience in buying and exporting gold from Madagascar.

We have a team of experts who are familiar with the legal and logistical aspects of buying and exporting gold from Madagascar, and we will work with you to ensure that your transaction goes smoothly. We can also provide financing for your purchase, if needed.

If you are interested in buying or exporting gold from Madagascar, please contact us today. We will be happy to answer any questions you may have and help you unlock the potential for profit in this lucrative market.

Challenges Faced by Gold Traders in Madagascar

Gold trading in Madagascar can be a lucrative endeavor, but it comes with its own set of challenges. Here are some of the challenges faced by gold traders in Madagascar:

1. Access to Gold: One of the biggest challenges facing gold traders in Madagascar is access to gold. There are many small-scale miners in Madagascar who produce gold, but they often do not have the means to sell their gold or get it to buyers. Wigmore Trading has a network of buyers and sellers who can help connect miners with the right buyers, and we can provide the financing needed to get gold from miners to buyers.

2. Export Restrictions: Another challenge facing gold traders is export restrictions. The Madagascan government has placed restrictions on the export of gold, which makes it difficult for traders to export gold from Madagascar. Wigmore Trading has developed relationships with government officials and can help navigate the export process so that traders can get their gold to buyers outside of Madagascar.

3. Market Volatility: The price of gold is notoriously volatile, and this volatility can make it challenging for traders to make a profit on their gold sales. Wigmore Trading provides up-to-date market intelligence so that our clients can make informed decisions about when to buy and sell gold. We also offer hedging products that can help protect against losses due to market volatility.

Benefits of Exporting Gold from Madagascar with Wigmore Trading

Exporting gold from Madagascar can be a profitable venture for any business. Here are some of the benefits of working with Wigmore Trading to buy and export gold from Madagascar:

– We have over 25 years of experience in the gold trade, so we know how to get you the best prices for your gold.

– We have a wide network of buyers and sellers, so we can help you find the right buyer for your gold.

– We can assist with all the logistics of shipping your gold, so you don’t have to worry about anything.

– We offer flexible payment terms, so you can choose a payment plan that works best for your business.

If you’re looking to buy and export gold from Madagascar, contact Wigmore Trading today. We can help you unlock the potential for profit in this lucrative market.

Conclusion

Wigmore Trading offers a valuable service that enables investors to purchase and export gold from Madagascar. By leveraging our expertise, you can unlock the potential for profit in this lucrative industry. We have a deep understanding of the local market dynamics and regulations, which helps us provide efficient services with maximum returns on investment. With our help, you can make informed decisions about your investments and take advantage of opportunities available in Madagascar’s gold market.


Back to News

No Comments Yet.

LEAVE A COMMENT

VISIONARY, BOLD, DISRUPTIVE

Each month, Wigmore team of experts contribute to the latest insights and analysis, setting the agenda and leading the discussion on unlocking capital so you can put it to work.

Port Agency Services in Nigeria: Facilitating Seamless Maritime Operations

Port agency services are crucial for the smooth operation of ships arriving at and departing from ports in Nigeria. These agencies act as intermediaries between shipowners, charterers, and port authorities,...

Read More

Vessel Types in Nigeria: Key Players in Maritime Trade and Operations

The maritime industry in Nigeria is critical for the nation’s economy, enabling the efficient transport of goods, resources, and personnel domestically and internationally. Nigeria’s diverse fleet of vessels serves the...

Read More

Leading Oil Tanker Shipping Companies in Nigeria: Key Players in Maritime Logistics

Nigeria’s position as Africa’s largest crude oil producer and its location along the Gulf of Guinea make it a hub for oil tanker shipping activities. A variety of companies manage...

Read More

The Maritime Supply Chain in Nigeria: A Key Driver of Trade and Economic Growth

The maritime supply chain is the backbone of Nigeria’s trade and logistics sector, facilitating the movement of goods domestically and internationally. As one of Africa’s largest economies, Nigeria relies on...

Read More

Maritime Law on Land in Nigeria: Exploring the Legal Framework and Implications

Maritime law, also known as admiralty law, governs activities related to commerce and navigation on oceans, seas, and other navigable waters. In Nigeria, the reach of maritime law extends beyond...

Read More

Wigmore Trading, FMCG Distributors, Wholesale and Logistics in Lagos, Nigeria. Abuja & West Africa. | Wigmore Trading Nigeria | Wigmore Trading Nigeria