Disclaimers
The limits of the information on AfriMineX. This page applies to everyone who uses the site.
Before you sell or buy
Read this page with our terms of service and our risk notice. Together they explain what we do, what we do not do, and what can go wrong.
This version is awaiting legal review.
1. Prices can change
The reference price follows the world gold price and can change at any time, including between assay and sale. A price shown on the site is for information until you confirm a sale at it.
2. Assay results are the assayer's
A licensed assayer tests the gold and issues the assay certificate. Results from different laboratories can differ. If you doubt a result, ask for a re-assay through support.
3. Licences, permits and royalty are the Department's decisions
The State Department for Mining decides licences, warrants and export permits. We cannot promise that an application will succeed, or say how long the Department will take. The Department sets its own fees and assesses royalty, which is 3% for gold.
4. Payments and M-Pesa
M-Pesa payouts launch with the pilot. Until then they run in test mode and no money is sent. M-Pesa has per-transaction and daily limits, so large amounts go by bank transfer.
5. Some services are not live yet
AfriMineX is in its pilot stage. Selling through the exchange, payment into escrow and a directory of licensed agents are coming, not live. Do not rely on a service until the site says it is available to you.
6. Not advice
Nothing on AfriMineX is financial, investment, legal or tax advice, and nothing on it is an offer to buy or sell securities. Before you make a decision, talk to a qualified adviser.
7. Information from others
Some information on the site comes from others, such as the world gold price feed and the documents that assayers and the State Department for Mining issue. We show it as we receive it and cannot guarantee that it is accurate.
8. The website and your connection
The site can be unavailable because of outages, maintenance or problems with your internet connection. We work to protect it and your data, but no system is completely secure.
9. Regulation
Gold trading on AfriMineX is regulated in Kenya under the Mining Act, 2016, by the State Department for Mining.
10. If you are an investor
Investor accounts are by invitation only. If you have one, the investor sections of our terms of service also apply. Any return depends on how the trading activity performs, no return is guaranteed, and you could lose some or all of the money you commit.
11. Contact us
For questions about this page, contact us:
- Email: info@afriminex.com
- Phone: +254 700 555 654
- Nairobi head office: 8th Floor, Embankment Plaza, Longonot Road, Upperhill, P.O. Box 38883 - 00100, Nairobi, Kenya