Gold Refinery

Gold mines process ore using various techniques to produce an alloy composed primarily of gold and silver, which is called a dore bar. The composition of dore can vary significantly between mines, Dore bars are first weighed and melted to ensure the metal is homogeneous, that is, that there are no pockets of high or low purity within the bar. A sample is taken from this melted dore and assayed to determine the exact amount of gold and silver present.The miner then receives an outturn, which is a statement indicating the weight of the dore bar, the percentage of gold and silver in the bar, and from these two, a calculated amount of pure gold and silver. Miners will then either sell this pure gold and silver for cash, or request a loco swap. The dore bar then becomes the property of the refiner. The dore bar first goes through a chlorine refining process, also known as the Miller process. This involves bubbling chlorine gas through the molten dore metal in which the silver (and most other metals) react with the chlorine to form silver chloride as a slag on top. This process produces gold to a purity of 99.5%.

If there is demand in the market for higher purity gold, then the 99.5% pure gold from the chlorine refining process. The anodes are placed into a bath of hydrochloric acid and an electric current is passed through it, which causes the gold to dissolve and then deposit on a cathode at purity of 99.99%.

Diamond Forever International has In-House Gold Testing laboratory which is accredited by NABL and implementing the Laboratory Quality Management System as per ISO/IEC17025:2005 to meet international standard and establish its credibility and precision of its consistent results.

The laboratory uses Fire assay method as per IS1418:2009.We are using latest technology along with latest testing equipments.We have well trained staff at our factory.

India is the largest consumer of Gold in the world and the Indian government is Promoting the import of raw gold in the country so as to enable the growth of refineries.

Our gold refinery is situated at the foot of Himalayan hills, in the state of Uttarakhand in Rudrapur. The land acquired is 822 sq.mts or 9000 sq.ft is the area covered. The layout of the refinery has been designed by keeping in mind the optimum utilization of resources and the capacity has also been set at 1500 kgs/month.

The place has got many advantages of its own. It is well connected by road with all the major cities of the state and region. Transport and logistics will not be a problem as the area is well connected with means of transport (railways/airports).

The custom duties and excise duties applicable are very low. We have set up the refinery plant with a capacity of 100 kg / day for Dore Gold Bar wherein the finished product produced would be 60kg per day. After producing consistently the above quantity, plans have also been made to increase output and capacity once the establishment is set.

We intend to gradually increase our foot prints across all gold consuming centers in the Country. For this purpose, a wide dealer network would be placed in manner depending on the nature of consumption of gold in different parts of the Country. Keeping this in view, our Company would take the necessary steps to increase the branch offices in other parts of the Country.

As well as conduct business with the right intentions and looking to forge a long term relationship with associates so that we both can avail the due benefits of the business.

Diamond Forever International Group purchases gold from a variety of sources including sourcing directly from the mine (mine doré) right through to scrap metals and jewellery brought in by clients from around the world.