• RIO NARCEA WEST AFRICA S.L. is a company dedicated to the extraction and commercialization of doré gold, with operations in West Africa and administrative headquarters in Madrid, Spain.

  • Our mission is to supply gold responsibly and transparently, adhering to the highest international standards of quality, legality, and traceability.

  • With an estimated production of 1,000 kg of doré gold per month, we work in partnership with local communities and mining authorities, ensuring legal origin and certified export processes.

  • Our vision is to establish ourselves as a reliable strategic partner for refineries, banks, and international traders, building long-term commercial relationships based on trust, regulatory compliance, and excellence in service.

CONCESSIONS

At Río Narcea West Africa S.L. We operate under legally authorized mining concessions in strategic areas of West Africa, primarily in Mali and Ghana—internationally recognized for their rich gold reserves.

These concessions grant us exclusive rights for the exploration and extraction of doré gold and other strategic minerals such as nickel, cobalt, and chromium, ensuring a stable, legal, and traceable supply from origin.

Each concession has been obtained in accordance with the relevant authorities and complies with both local and international mining industry regulations, ensuring that our operations are carried out within a framework of legality, sustainability, and social responsibility.

Our goal is to responsibly and efficiently harness this geological potential, contributing to the development of local communities and strengthening our capacity to supply refineries, banks, and traders with certified-origin minerals.

At Río Narcea, concessions are not merely legal titles—they are the foundation upon which we build a solid, reliable, and sustainable long-term mining project.

PRODUCTION

At Río Narcea West Africa S.L. we specialize in the extraction and commercialization of high-quality doré gold, with an average purity of 96% Au.

Monthly capacity: Up to 1,000 kilograms of doré gold.

Delivery format: Doré bars, securely sealed and accompanied by certificates of analysis and origin.

Average purity: 96% Au (fine gold).

Delivery terms: CIF to international refineries, primarily in Johannesburg, Dubai, New York, and Switzerland.

Each Batch is Delivered With

  • Documentation of Origin and Ownership

  • Mining Licenses and Export Permits

  • Recognized Laboratory Analysis Certificates

  • Compliance With International AML and KYC Regulations

MINERAL PROCESSING

At Río Narcea West Africa S.L. We understand that the true value of our production lies not only in extraction, but in the proper processing and certification of the minerals we commercialize.

All our doré gold undergoes rigorous control and analysis procedures in certified laboratories—both at origin and destination—ensuring the purity, traceability, and legal compliance of every batch delivered.

  • Each doré bar undergoes laboratory testing (fire assay and spectrometry) to determine its precise composition in Au and associated metals (Ag, Cu, etc.).

  • We operate in accordance with the standards of the London Bullion Market Association (LBMA) and the OECD guidelines for responsible mineral supply chains.

  • Our lots are prepared for processing at leading refineries around the world, located in South Africa, Switzerland, Dubai, and the United States, ensuring access to the largest precious metals markets.

  • Each shipment is accompanied by assay certificates, export licenses, and regulatory compliance records (KYC/AML), ensuring full transparency throughout the process.

  • Our team is composed of seasoned professionals in the international precious metals trade, capable of delivering agile and reliable solutions tailored to our clients’ needs.

With these practices, at Río Narcea we ensure that every operation is efficient, safe, and reliable—offering our clients the peace of mind that comes from working with a trusted provider committed to the highest standards of the international market.

WE ALSO EXTRACT OTHER STRATEGIC MINERALS SUCH AS:

LITHIUM

UP TO 953 PPM

NICKEL

UP TO 800 PPM

COBALT

UP TO 121 PPM

CHROMIUM

UP TO 3,300 PPM

For Río Narcea, responsible mining is the foundation upon which we build long-term relationships with refineries, financial institutions, and international partners.

WHY RIO NARCEA?

In a global market where trust, transparency, and quality are paramount, Río Narcea West Africa S.L. positions itself as a reliable strategic partner for the purchase and commercialization of doré gold.

Our company is focused on the extraction, processing, and commercialization of doré gold, with an estimated monthly capacity of 1,000 kilograms and an average purity of 96% Au.

In addition to gold, we are planning the exploration and development of other strategic minerals such as nickel, cobalt, and chromium—essential to modern industry and the global energy transition.

At Río Narcea, we believe that great business is built on mutual trust and compliance. That’s why we are more than just a supplier—we are a strategic ally committed to the growth and security of your investment.

The Río Narcea Project is Built Upon Three Essential Pillars

  • Legality and Transparency

    All our operations are conducted under legally granted mining concessions and in full compliance with national and international regulations.

  • Sustainability and Responsibility

    We implement responsible mining practices that generate economic and social benefits for local communities, while actively protecting the environment.

  • Trust and International Strength

    We offer refineries, banks, and traders the assurance of working with a reliable supplier, backed by certified processes in KYC, AML, and OECD/LBMA standards.

  • Our gold is sourced from legally authorized mining operations in West Africa, with origin and export documentation that complies with international regulations.

  • We maintain a stable and sustainable supply, with an estimated production capacity of up to 1,000 kg of doré gold per month.

  • We implement strict Know Your Customer (KYC) procedures and Anti-Money Laundering (AML) policies, ensuring every transaction is backed by transparency and legality.

  • We work in partnership with local communities, promoting positive regional impact and ensuring environmentally responsible practices.

  • Our team is composed of seasoned professionals in the international precious metals trade, capable of delivering agile and reliable solutions tailored to our clients’ needs.

At Río Narcea, we believe that success is built on mutual trust and compliance. That’s why we are more than just a supplier—we are a strategic ally committed to the growth and security of your investment.

Structure

  • Antonio Madrid Ortega

    LEGAL REPRESENTATIVE AND INTERNATIONAL SALES

  • Juan Ignacio Coullaut

    DIRECTOR

  • Juan Gil Parrales

    INTERNATIONAL SALES

  • Antonio Terrón García

    GEOLOGY & EXPLORATION

  • Manuel Martinez Pelayo

    MINING

  • Juan Murillo

    METALLURGICAL PROCESS

  • Universidad Politécnica de Madrid

    ADVISOR

  • K-Utec

    PROCESS

  • Paterson & Cook

    ADVISOR

SPAIN HEADQUARTERS

Siége Social: Calle Claudio Coello 28, 28001 Madrid, SPAIN

 

Contact us.