TanzaniaInvest.com talks to Aaron Moldovanyi, CEO of OXOS Consultants, a commodity and investment consulting firm primarily focused in gold dore. The company is now looking for gold suppliers from Tanzania, ideally small scale miners.
Moldovanyi explains the company’s focus and intentions in Tanzania and the procedures in place to ensure a safe and smooth sales process.
TanzaniaInvest.com: Why OXOS’ focus on commodities and on gold in particular? Who are your buyers?
Aaron Moldovanyi: Gold is used as a safe haven investment when markets are unpredictable.
Today’s volatile markets guarantee a strong demand and a great opportunity to the Tanzanian sellers.
We partnered up with the biggest and most credible private and institutional buyers in the USA, London and DUBAI and can also buy through Belgium’s top refinery.
TI: Why are you looking for gold suppliers specifically from Tanzania?
AM: Tanzania is the 4th largest gold producer in Africa, with a forecasted average annual growth of 7.7% and an estimated value of the sector at USD1.28b.
Tanzania has great potentials.
TI: Why are you looking gold supplies from small scale miners?
AM: While seeking gold supplies (nuggets and dore), we also help suppliers/miners to realize financial gains so they can sustainably meet the needs of their community and further increase their production.
TI: How do you ensure that the sales process is smooth and safe? Which procedures do you put in place?
We offer several different procedures through our partners from Brinks account to hand carry depending on quantity and what the seller feels most comfortable with.
It is the sellers choice of transportation and we fully assist with VISA application, security and logistics.
TI: In a nutshell, what makes OXOS a good partner to sell gold?
Thanks to our well-established buyers we can purchase Tanzanian gold in several countries, using various procedures most suitable for the suppliers at the best rates possible.
To learn more about OXOS and how to become an accredited gold supplier visit http://www.tanzaniainvest.com/oxos