Operations

The Printing Plant

The plant is temperature and humidity controlled, based on printing ambience standards. The same technology and techniques used by FGR can be found in printing plants in developed countries. What differs is the extent of automation, choice of substrate, inks and security features and design techniques. The plant is equipped with modern high tech security systems and there is controlled access in and out of the facility. Printing is divided into security printing and commercial printing.

Printing Products

We offer both wet and dry lithographic printing in single to multi-colour. We produce a wide range of products which include; Bank Notes, Passports, Travel Documents, Cheques (books and continuous), Licence Discs, Insurance Cover Notes, Examination Papers, Scratch Cards, Bank Drafts, Certificates, Coupons, Security Bond, Vehicle Registration Documents, Border Control Documents, Ballot Paper and Traveller’s Cheques.

Other non-security products include; Packaging (Cartons and Labels), Magazines, Books, Study Modules, Annual Reports, Fliers, Posters, Continuous Forms, Letterheads, Business Cards and Receipt/ Invoice Books.

Gold Refining

The refinery has the capacity to refine gold to purities of 99.5% and above using the following refining techniques:

• Miller chlorination process
• Electrolytic refining process
• Aqua regia refining process

FGR’s Payment Method / Model

FGR offers a support price bench marked on the (LBMA) international price whose primary function is to cushion gold producers. Should the ruling international price improve to equal or surpass the marked support price, the ruling international price then takes precedence. FGR ensures timeous payments to customers and pays miners 60% USD cash / Nostro and 40% local currency at the prevailing interbank exchange rate. The latter facilitates other foreign exchange and trade transactions of national importance, e.g. purchasing of medicines for hospitals, buying fuel for the country, importation of inputs for water purification, mining, manufacturing and other national beneficiation projects. All this and more can only be achieved if available mineral resources mined are sold using the formal channel. However, if miners opt to sell gold to the parallel market, valuable foreign currency is lost with detrimental effects to social services delivery and economic performance coherence. The end result will lead to the crippling of the economy and suffering of the entire nation as critical requirements will not be met. So consider the bigger picture and play your part for the national good.