Dore definition
Examples of Dore in a sentence
These findings confirm ▇▇▇▇’s claims as to both quantities and quality of gold Dore bars held in the name of the Company.
The Company has signed a Metals Purchase and Sales Feedstock Agreement with Asar Gold Co. Ltd (Asar), for the purchase, assaying, storage, and export of gold Dore bars from Ghana into Europe and other locations.
Local experts engaged by us, tested a sample of 84 (84kgs) of the stock of gold Dore bars belonging to the Company to confirm the quantity and quality.
Damaging fires have occurred in the Dore Valley, as well as some scattered, smaller locales within the Agreement Area.
During the month of March 2,057kgs of gold Dore bars were added to the Company’s reserves held by ▇▇▇▇.
A document titled Custodial Receipt with reference number: AGL/150587/036/24+, was obtained from Asar Gold Company Ltd (Asar), a company licensed by Ghana’s Precious Minerals Marketing Company (PMMC), the authorised body, legally permitted to grade, assay, value, process buy and sell precious minerals and to license agents in Ghana, confirming that, as at 29th of March 2024, 7,081kgs of gold Dore bars belonging to the Company are held by them in custody.
Licensed Concentrate processed to prepare Licensed Dore may be commingled with other concentrates and/or ores for processing in the subsequent processing operation so long as appropriate metallurgical accounting procedures are followed to permit accurate allocation in a miner-like fashion of value due to the processing of the Licensed Concentrate and due to the processing of the other concentrates and/or ores.
In the case of a difference greater than 0.2% of the net weight of any Dore bar as stated in the Commercial Invoice between the net weight of such Dore bar as stated in the Commercial Invoice and as determined by the Refiner, such Dore bar will be held in a secure vault pending advice from the Customer to proceed or otherwise, in writing.
In the case of such commingling, the Licensed Dore shall be an allocated portion of the dore or other similar crude metallic product resulting from the subsequent processing operation accurately determined based on the metallurgical accounting procedures.
USGC shall, and shall cause other USGC Parties, to use best efforts to maximize monies received from Third Party purchasers for sales of Licensed Concentrate and Licensed Dore.