Buying Gold from Africa Without Getting Scammed: Doré, Dust and Bars.

Buying Gold from Africa Without Getting Scammed: Doré, Dust and Bars

By Kolawole King, CEO, Augustina Impex Limited

150 pages · A5 · PDF · Instant download

“We have 50 kg of gold dust and 20 kg of gold bars in Africa at a big discount. Documents ready. Serious buyers only.”

Many buyers who answer messages like this lose money, and some lose a lot more than money. Africa produces real gold, and real gold is legally bought and sold across the continent every day. Alongside that trade there are fake sellers, fake documents, fake gold and fake buyers.

This book is a practical guide for buying African gold safely. It covers gold dust and nuggets from artisanal miners, doré bars from mines and smelters, and refined bars. It shows how gold is really priced, tested and exported, how the scams are built step by step, and how to set up a purchase that protects your money, your reputation and your safety.

The main lesson of the book: gold is easy to fake, but a properly structured deal is very hard to fake.

WHAT YOU WILL LEARN

✅ Gold basics: troy ounces, karats and fineness, gross weight versus fine weight, and how sellers use confusing units to mislead buyers.

✅ How gold is priced: how the LBMA Gold Price works, why genuine discounts are small, and a one-minute test that exposes an impossible offer.

✅ Dust, doré and bars: what each form really is, its typical purity, who genuinely sells it, and how each one is faked.

✅ The scams in detail:

• the seven-stage gold scam script
• brass and gold-plated tungsten bars
• chains of advance fees
• fake Safe Keeping Receipts (SKRs)
• the “diplomatic box” story
• forged assay certificates and export permits
• staged vault inspections, airport handovers and fake arrests

✅ Fake buyers and fake refineries: how honest African sellers are targeted with forged SWIFT messages and “registration fees”.

✅ Testing that actually works: why acid, magnets and handheld XRF analysers can be fooled, and how ultrasonic testing, drilling and fire assay settle the question.

✅ Laboratories and refineries: ISO/IEC 17025 accreditation, split samples, and independent (umpire) assays.

✅ Checking the seller: a step-by-step routine for checking company registration, licences, premises, references and where the gold comes from.

✅ Responsible sourcing and the law: the OECD gold due-diligence rules, LBMA responsible gold standards, money laundering, sanctions, smuggled gold and conflict gold.

✅ The safe deal structure: legal export, delivery to an accredited refinery, testing at the refinery, and payment only after the results.

✅ Contracts, payment, transport and insurance: the clauses that protect you and the payment methods to avoid.

✅ Personal security: how to travel, meet sellers and deal with officials safely.

✅ Country snapshots: Ghana, Nigeria, the Sahel, South Africa, Tanzania, DRC and Sudan.

✅ Eight case stories and a full FAQ.

✅ A step-by-step plan for your first safe gold purchase.

PRACTICAL TOOLS INCLUDED (APPENDICES A–L)

• Gold maths cheat sheet and worked calculations
• Red-flag checklist
• Seller verification checklist and supplier questionnaire
• How to read a doré assay certificate
• Model contract clauses
• Pre-payment checklist
• Testing method matrix
• What to do if you have been scammed
• Ready-to-use letter templates
• Glossary, and sources for further reading

WHO THIS BOOK IS FOR

• Gold buyers, investors and jewellers sourcing from Africa
• Commodity traders and trading companies
• Refineries and bullion dealers
• Brokers and agents in the gold trade
• African miners, cooperatives and licensed exporters who want to stand out from fraudsters
• Diaspora Africans considering gold business back home

WHY THIS BOOK

It was written by a Nigerian mineral export practitioner based in Jos, Plateau State, the heart of Nigeria’s solid minerals belt. It is not theory. It is a field guide built around the questions every serious buyer must ask: Is the gold real? Is the seller real? Is the deal real?

One avoided advance fee pays for this book many times over.

Part of the Augustina Impex Mining Academy library. See all titles at:

https://augustinaimpex.com/Augustina_Impex_Mining_eBooks_Library.html

This book is educational and is not legal, tax or investment advice. Prices in the book are illustrative.

Kolawole King

Chief Executive Officer

🟦 Augustina Impex Limited

📍 #288 Diye Ward, Zarmaganda, Jos South, Plateau State, Nigeria

Email: [email protected]

WhatsApp: +234 906 090 4274

Website: https://augustinaimpex.com

Blog: https://augustinaimpexng.blogspot.com/

Advert Video: https://www.youtube.com/watch?v=Izg0t7By6co