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Gold Loans To Mining

gold metal loan,gold metal loan. gold metal loan (gml) is a mechanism under which a jewellery manufacturer borrows gold metal instead of rupees and settles the gml with the sale proceeds obtained. gml can be availed for 180 days in case of domestic jewellery manufacturers and for 270 days in case of exports. gems and jewellery is one of the key industries and silver mines,many mining companies need operating loans for start up or expansion and these deals can be extremely attractive to the investor. mining companies know that they are literally sitting on a gold mine but the initial cost of recovery is high . mining companies have a difficult if not impossible time finding funding through conventional sources so.

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