SAHEL Minerals Export Company Limited operates through a documented legal, regulatory, tax and compliance framework in The Gambia.
The company is duly registered to conduct business in The Gambia and holds a Special Licence authorising it to possess and deal in gold and other precious metals. SAHEL Minerals also maintains a Taxpayer Identification Number issued by the Gambia Revenue Authority.
SAHEL Minerals recognises that the gold and precious metals sector requires enhanced discipline in licensing, seller verification, counterparty due diligence, responsible sourcing, anti-money laundering, sanctions screening, transaction monitoring, export documentation and record-keeping.
The company’s compliance framework is built around the following pillars:
SAHEL Minerals Export Company Limited is registered in The Gambia under the name SAHEL MINERALS EXPORTS COMPANY LIMITED.
The company’s Certificate of Business Registration states that it is registered to carry on business in The Gambia, with business activities described as: “Engage in sourcing, processing, marketing and export of precious minerals, gold and diamond.”
The certificate records the company’s place of business as Sky Blue Plaza, Brusubi, West Coast, The Gambia, and was issued under the seal of the Registrar of Companies on 20 June 2025.
SAHEL Minerals Export Company Limited holds a Special Licence issued by the Geological Department of The Gambia under the Mines and Quarries Act 2005.
The Special Licence is granted to SAHEL Minerals Export Company Limited and authorises the company to “possess and deal in gold and other precious metals.”
The licence is valid for one year, with effect from 7 November 2025 to 7 November 2026, and bears reference number REF: SL/14/2025 SM(1).
The related licence terms and conditions further confirm that the Special Licence is issued to SAHEL Minerals Export Company Limited to deal in gold and precious metals, and that the licence holder must comply with the Mines and Quarries Act, applicable regulations and the conditions attached to the licence.
The Special Licence terms require SAHEL Minerals to operate within a controlled and documented framework. Among other obligations, the licence terms provide that:
These obligations form the basis of SAHEL Minerals’ internal compliance, record-keeping, supplier verification and transaction documentation procedures.
SAHEL Minerals is registered with the Gambia Revenue Authority and has been issued a Taxpayer Identification Number certificate.
The TIN certificate identifies the taxpayer as SAHEL MINERALS EXPORTS COMPANY LIMITED, records the TIN as 2500287387, and states that the certificate was issued by the Gambia Revenue Authority on 29 March 2025.
The company recognises that tax registration is an important component of lawful trading, fiscal transparency and counterparties’ due diligence review. The TIN certificate should not be presented as a tax clearance certificate.
SAHEL Minerals recognises that gold and precious metals trading requires enhanced compliance discipline, including anti-money laundering, counter-terrorist financing, sanctions screening, source-of-funds review, source-of-metals verification and responsible supply-chain controls.
As part of its counterparty onboarding and trading relationships, SAHEL Minerals has completed detailed compliance documentation covering corporate KYC, beneficial ownership, authorised signatories, AML/CFT risk assessment, responsible sourcing, sanctions confirmations, source-of-funds and source-of-metals declarations.
SAHEL Minerals’ onboarding documentation identifies the company, its directors, beneficial owners and authorised traders, and confirms the company’s business profile as a precious metals trader/dealer and exporter. The corporate KYC materials also record that SAHEL Minerals works with gold and precious metals, including alluvial gold, and identifies its counterparties and suppliers as mines, banks and reputable precious metals traders.
SAHEL Minerals has also completed AML/CFT risk assessment documentation addressing customer due diligence, sanctions screening, transaction monitoring, suspicious transaction reporting, record-keeping, supply-
chain risk, geographic risk, customer risk, product and transaction risk, and enhanced due diligence for higher-risk customers and transactions.
SAHEL Minerals supports the use of formal source-of-funds and source-of-metals declarations in precious metals transactions.
The company has provided compliance undertakings confirming that funds and metals used in connection with precious metals trading must be acquired from legitimate sources, supported by evidence where required, and must not originate from sanctioned countries, sanctioned entities or sanctioned persons.
SAHEL Minerals’ compliance approach also recognises international responsible sourcing expectations, including the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, UAE responsible sourcing regulations, DMCC due diligence rules, LBMA Responsible Gold Guidance and RMI standards.
SAHEL Minerals does not knowingly deal in metals, funds or counterparties connected to:
The company’s compliance undertaking confirms that sources of precious metals should be free from conflict financing, criminal funding, worst forms of child labour and human rights abuses, and that supply-chain information may be requested for due diligence purposes.
SAHEL Minerals applies a risk-based KYC approach to counterparties and suppliers.
This may include collection and review of:
SAHEL Minerals’ completed KYC documentation identifies its beneficial owners, directors and authorised traders and confirms that the company is structured as a private limited company registered in The Gambia. Personal identification, residential address and bank account information should not be published on the website.
The Special Licence terms require the licence holder to satisfy itself that the seller is authorised to possess and dispose of the relevant minerals. SAHEL Minerals therefore applies seller verification and source-of-minerals checks before purchasing, exporting or facilitating transactions in gold or precious metals.
SAHEL Minerals does not knowingly deal in minerals that are stolen, illegally mined, fraudulently represented, linked to sanctioned persons or jurisdictions, connected to conflict financing, or otherwise inconsistent with lawful and responsible trade.
SAHEL Minerals monitors transactions for unusual or suspicious features and may request additional documentation where required.
Potential red flags include:
The company’s AML/CFT risk assessment documentation addresses transaction monitoring, unusual activity, suspicious transaction reporting, red-flag indicators and record-keeping for client and transaction records.
SAHEL Minerals maintains transaction records to support auditability, regulatory review and commercial transparency.
These records may include:
The Special Licence terms require books, records and accounts to be maintained in sufficiently comprehensive detail to present a true, clear and accurate record of the company’s activities, transactions, costs, expenditures and receipts. The company is also required to produce such books for inspection by Government officers when required.
SAHEL Minerals’ AML/CFT documentation also confirms record-keeping controls, including maintaining client and transaction records and retaining customer due diligence and business correspondence for at least five years after the end of a customer relationship.
SAHEL Minerals seeks to support responsible precious metals supply chains.
The company’s compliance documentation confirms that it has addressed responsible supply-chain expectations for gold from conflict-affected and high-risk areas and that it intends to comply with OECD-style responsible sourcing principles.
SAHEL Minerals may request supply-chain information, seller declarations, origin documentation, transport records and other supporting materials before accepting a transaction or shipment.
SAHEL Minerals coordinates export activity through formal documentation and controlled logistics procedures.
This may include:
The company’s objective is to reduce operational risk by ensuring that each stage of the transaction is documented, traceable and professionally managed.
SAHEL Minerals applies internal governance procedures designed to ensure that transactions are reviewed before execution and that material risks are escalated appropriately.
The company’s governance approach includes:
SAHEL Minerals recognises that its licensed activities are subject to regulatory supervision.
The company maintains books and records in The Gambia and cooperates with lawful requests from competent government officers, including requests to inspect relevant books, records and transaction documentation.
SAHEL Minerals seeks to maintain an open and professional relationship with regulators and public authorities responsible for mineral resources, licensing, customs, taxation and export controls.
SAHEL Minerals is positioned for serious, professional counterparties.
The company does not encourage speculative, undocumented or informal transactions. Counterparties are expected to provide accurate information, cooperate with due diligence requests, observe applicable law and conduct themselves in a professional manner.
SAHEL Minerals may decline to engage with counterparties who are unwilling or unable to satisfy its compliance, documentation or governance requirements.
SAHEL Minerals Export Company Limited maintains the following core corporate, regulatory and compliance documents:
Copies of SAHEL Minerals’ corporate, licensing, tax and compliance documentation may be made available to approved counterparties, financial institutions, logistics providers, refineries and competent authorities subject to appropriate confidentiality, data protection and due diligence requirements.
The information on this page is provided for general corporate and compliance transparency purposes only. It does not constitute legal, tax, regulatory, financial or investment advice. SAHEL Minerals’ activities remain subject to applicable laws, regulations, licence conditions, contractual terms and regulatory requirements in each relevant jurisdiction.
All transactions remain subject to due diligence, documentation review, internal approval, regulatory compliance and final agreement between the parties.
SAHEL Minerals Compliance
Email: exports@sahelminerals.com
Phone: +220 200 3638
Banjul Office
Brufut, Taf Madiba Mall
Banjul, The Gambia
Dubai Office
c/o GAMMA METALS DMCC
DMCC Business Centre
Level No. 1, Jewellery & Gemplex 3
Dubai, United Arab Emirates
