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Mines and geology · Ministry of Mines and Geology

Approval as a buying office or counter for precious substances

The approval allows a company to buy, hold, resell and export gold, diamonds and other precious materials produced in the country. Gold is exported exclusively through approved buying offices, diamonds and other gemstones through approved buying counters (article 60). It is issued by order of the Minister for Mines, on the proposal of the National Bureau of Expertise, for one renewable year.

Version 1

What it allows

To buy from approved intermediaries and from artisanal miners holding an authorisation, to hold stock at the declared premises, and to export through the official channel recognised by the BNE and the Central Bank of the Republic of Guinea. It confers no right to extract.

Who may apply

Any natural or legal person, Guinean or foreign, on the trade register (article 60). Share capital must reach one and a half billion Guinean francs; below that a bank guarantee of the same amount is required, and no approval is possible below six hundred million.

A company

At a glance

Competent authority

Ministry of Mines and Geology

Statutory time

90 days

Valid for

12 months

Renewal

Renewable, from 90 days before it ends

What it costs

  • Filing feeGNF 7,500,000

    Payable when you file · Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Issue feeGNF 30,000,000

    Payable when it is issued · Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Annual fixed chargeGNF 15,000,000

    Payable every year · Code minier, art. 159-II (droits fixes et redevances annuelles)

Total, filing and issueGNF 37,500,000

What to bring

Some of these depend on your answers; the list narrows as you fill the form in.

  • Receipt for the filing fee

    To be attached only where the charge was settled before the file was sent. It must be legible and carry the number and the date given on the form.

    Must be less than 3 months old

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Commercial register extract

    Must be less than 3 months old

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Tax clearance certificate

    Must be less than 3 months old

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Articles of association

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Bank guarantee

    For at least one hundred million CFA francs, payable on first demand.

    Required if Share capital is under GNF 1,500,000,000

    Must be less than 12 months old

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Lease for the premises

    Required if Tenure is Leased

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Title deed for the premises

    Required if Tenure is Owned

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Premises security report

    Must be less than 6 months old

    Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

  • Responsible sourcing policy

    Required above fifty expected kilogrammes a year.

    Required if Expected annual volume is at least 50 kg

    Code minier, art. 60 à 62 (bureaux et comptoirs d’achat agréés)

Before you start

  • A commercial register extract less than three months old
  • A tax clearance certificate
  • The title deed or the lease for the premises
  • The premises security report
  • If capital is below the floor: the bank guarantee

How it is handled

  1. Completeness check

    10 days

  2. Inspection of the premises

    30 days

  3. Assessment

    30 days

  4. Decision

    10 days

  5. Signature

    10 days

  6. Notification

    2 days

If the answer is no

A refusal may be challenged before the Minister responsible for mines within two months, and then before the administrative court.

The texts this rests on

  • Code minier, art. 60 à 62 (bureaux et comptoirs d’achat agréés)
  • Code minier, art. 59 (agrément à la commercialisation des matières précieuses)

Versions of this procedure

  • Version 1 · 2026-01-01In force

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