The Guinean government has introduced a new decree regulating the export of refined gold and associated metals. The decree, read on national television on October 2, 2026, outlines the procedures for evaluation, certification, and export of these products. The process is supervised by the Guinean Office of Expertise (OGE) for gold, diamonds, and other precious materials.
According to the decree, any company authorized to export these products must submit a written request to the OGE for evaluation and certification. The request can only be considered if the gold and associated metals have been refined or processed in an approved refinery in Guinea. The application must include details such as the weight of the products, certification of refining or processing, and information on the destination and transportation.
The OGE will work with the Central Bank of the Republic of Guinea (BCRG) and the General Directorate of Customs to facilitate export operations. Upon receiving a complete application, the OGE will request assistance from these institutions. The decree also requires that gold and associated metals be weighed, packaged, and sealed in the refinery in the presence of relevant authorities.
The decree outlines specific requirements for the export process, including the involvement of the General Directorate of Customs, the Precious Materials Anti-Fraud Brigade, and the BCRG. The products must be escorted to the airport or stored in a secure facility for a maximum of 15 days. Companies must also pay applicable taxes on industrial or semi-industrial production of gold and associated metals.
The liquidation of taxes and fees will be based on the weight and content of the products, according to the London afternoon fixing. The decree also requires refineries to submit reports on refining or processing activities to the OGE, BCRG, Customs, and the National Geology Laboratory. These reports must include details on the origin of products, weights, and titles obtained.
The decree establishes that fees, taxes, and charges must be paid before export, based on refining or processing results and titration reports. Any discrepancies must be resolved within 72 hours of notification. The decree also provides for the fixing and allocation of fees for services involved in controlling, certifying, and exporting gold and associated metals.
The implementation of the decree is the responsibility of the Minister of Mines, the Minister of Finance and Budget, and the Governor of the BCRG. These authorities will issue a joint order to establish the fees and charges for services involved in the export process. The decree aims to regulate and monitor the export of refined gold and associated metals in Guinea.
Key points
- The Guinean government has introduced a new decree regulating the export of refined gold and associated metals.
- The decree outlines procedures for evaluation, certification, and export, supervised by the Guinean Office of Expertise (OGE).
- Companies must meet specific requirements, including refining or processing in an approved Guinean refinery and paying applicable taxes.
