AT GLOBAL COMMODITIES GROUP, WE PROVIDE INFORMED AND PRACTICAL FINANCIAL, INDUSTRY AND MARKET ADVICE TO MEET THE NEEDS OF OUR CUSTOMERS AND THEIR STAKEHOLDERS. WE HAVE A DEEP UNDERSTANDING OF MINING, PROCESSING, LOGISTICS AND COMMODITIES (SUCH AS COAL, CHROME, MANGANESE, COPPER, TO MENTION A FEW RESOURCES) AND RELATED MARKET ISSUES AND OUR FINANCIAL AND ANALYTICAL DISCIPLINE MEANS WE CAN ASSIST OUR CUSTOMERS IN THEIR DECISION-MAKING PROCESS. GLOBAL COMMODITIES GROUP HAS AN EXTENSIVE PARTNERSHIP NETWORK ACROSS SOUTH AFRICA, AFRICA, INDIA, ASIA, THE MIDDLE EAST AND EUROPE.
OUR EXPERIENCED TEAM INCLUDE MINING ANALYSTS, COMMODITY TRADERS, LOGISTIC SPECIALISTS, TRADE FINANCIERS AND LEGISISLATIVE AND COMMERCIAL SPECIALISTS.
Africa is the largest growing continent with many multinational companies earmarking the continent for investment . GLOBAL COMMODITIES GROUP focuses on providing end-to-end business solutions to organisations either already doing business or thinking of expanding their operations into
GLOBAL COMMODITIES GROUP is a strategic partner to businesses already operating in or wanting to expand into Africa. Our Africa centre of excellence provides a one stop solution driven approach, tailored to suit each client’s specific requirements and unique set of circumstances. We aim to remove complexities and mitigate risk – allowing clients to focus on their core business.
Our clients engage us as their single point of contact and expert partner for all their thermal coal requirements.
OUR PAN-AFRICAN SOLUTIONS INCLUDE:
• Mine Ownership and Mining Services
• Sourcing of thermal coal, chrome, manganese, copper, nickel, lithium and other Rare Earth Minerals
• Contracting and Negotiating
• Inland transportation and management”
• Port management and loading
• Financial support services
EACH CONSIGNMENT OF COAL SHALL BE DELIVERED IN ACCORDANCE WITH THE FOLLOWING PROCESS:
1 – The parties will agree on a consignment delivery schedule in batches that will specify the price, metric tons to be supplied, product specification and delivery point inclusive of nominated vessel and port
2 – The Buyer shall provide a validated letter of credit cover the forecast purchases in the relevant Payment Window for such payments. The Buyer shall send proof of payment to the Seller.
3 – The legal Agent shall confirm the availability of funds on request of the Seller in the amount requested by the Seller.
4 – GLOBAL COMMODITIES GROUP shall have at least one representative present at the loading site (mine site) and be present at the Coal stockpile at the loading site until the Independent Assayer, namely SGS or similar, has issued an assay certificate, at the Buyer’s cost, confirming the chemical nature and composition of the Resource to be delivered.
5 – Upon delivery of the resources, the loading and weighing certificates (in terms of standard industry practices) issued by the loading site operator shall be conclusive proof of the amount of Coal delivered for invoicing purposes by the Seller.
6 – GLOBAL COMMODITIES GROUP shall ensure stockpile transportation and security at designated siding. The company shall ensure management of transfer of product onto contracted rail transportation via route to designated port.
7 – GLOBAL COMMODITIES GROUP shall have at least one representative present at the port to ensure management and security of stockpile and readiness for loading onto nominated vessel via contractual obligation by third party port facility.
8 – GLOBAL COMMODITIES GROUP shall ensure loading onto nomination vessel and completion of all relevant documentation.
9 – Bill of loading documentation to be submitted and letter of credit to be paid to seller.
STRONG MANAGEMENT TEAM
EXISTING PARTNERSHIPS WITH CLEARING, FORWARDING, ETC AGENTS (BIDVEST, RENNIES, LBH GROUP, ETC)
BOTH OWNERSHIP OF MINES AND DIRECT RELATIONSHIPS WITH MINES IN SOUTH AFRICA
SOUND FINANCIAL SUPPORT PARTNERS AND INSTITUTIONS
DIRECT ACCESS TO RAIL AND PORT AND LOGISTIC PARTNERS (TFR, TNPA, RBCT, etc
AN EXPERIENCED IN-HOUSE LEGAL SERVICES AND EXTERNAL LEGAL SERVICES
Mzwandile Mkhwanazi – Chairman
Eddie Viljoen – Director/ Finance & Investment
Steve Whiley – Director/ CFO & Governance
Sthabile Nkonyeni – Business Development and Customer Relations
Leah Shaw – Director/ Logistics & Forex Specialist
Arthur Potts – Director/ Compliance & Environmental
Raymond Conco – Director/ Community & Land Reform
GLOBAL COMMODITIES GROUP
BLOCK 3, 100 ON ARMSTRONG
100 ARMSTRONG AVENUE
LA LUCIA RIDGE