GOLD COMMODITY SPECIFICATIONS: a) COMMODITY: Aurum Utallum (AU) b) FORM: Gold Nuggets or Bars. c) PURITY: 97.6% d) FINENESS: 22+ carats plus e) ASSAY: Final assay to be made by the Buyer s own Testing Agent at his destination, and this value will be accepted by both buyer and seller. f) ORIGIN: D.R.Congo g) PACKING: Export Package Boxe Show More...
GOLD COMMODITY SPECIFICATIONS: a) COMMODITY: Aurum Utallum (AU) b) FORM: or Bars. c) PURITY: 97.6% d) FINENESS: 22+ carats plus e) ASSAY: Final assay to be made by the Buyer s own Testing Agent at his destination, and this value will be accepted by both buyer and seller. f) ORIGIN: D.R.Congo g) PACKING: Export Package Boxes or any other suitable packaging commonly used in the trade. QUANTITY: The contractual quantity for sale to the Buyer Under the terms of this Agreement shall be a purchase of or Bars 454Kg PRICE: The total price payable by the Buyer is fixed at US$29,000 KG DELIVERY TERMS: a) The delivery terms for this FCO shall be on CIF buyer refinery. b) Buyer will have independent analysis from the samples to be collected from the consignment, and it shall be the proof of quality and quantity weight. c) All the expenses of Customs rates of export and import, transport, insurances, etc, are included in the price indicated in the corresponding section, except is the ownership certificate that will be issued on buyers name from Kenya Authority to enable shipment. The Buyer and the seller will undertake to facilitate the shipment of the Gold to the destination refinery. e) The merchandise will be given to the Buyer once the full payment is obtained. f) Payment will be done in favor of the seller against Assay report from the buyer nominated refinery. Seller will appoint one official from his scompany the gold with the buyer to buyerâ??s destination to get the payment after final assay. PAYMENT TERMS: 1.)The payment will be by means of bank-Bank transfer and shall be payable within of 48-72 hours after final assay at buyers destination.