GOLD TRADING

Xcell Security House and Finance Guinea (Xcell Guinea) is the Precious Metals Subsidiary for Xcell Security House and Finance S.A in Guinea and Partner of Xcell Swiss. Xcell Guinea has been operating in Guinea for over 7 years.

​Xcell Guinea works under a Protocol with the Government of Guinea and the Central Bank of Guinea, utilizing a unique and innovative due diligence and traceability process that has gained the praises from the Government of Guinea and world renowned Refineries. Xcell Guinea adheres to the Conflict Free Gold Trading and ensures that the Gold has been collected properly, and no child labor or chemicals have been involved in the Artisanal Mining process. 

Having its offices within the Central Bank of the Republic of Guinea, Xcell Guinea  benefits from a purchasing system and a Refining platform with its modern laboratories. Xcell Guinea  laboratories have the ability to refine incoming gold (dust or doré) into serialized and nominalized gold doré bars.  An amount of over 50 Kilos of gold can be processed daily.

Xcell Gold Standard

Xcell has developed and implemented an innovative compliance system for its gold operations in the Republic of Guinea that has the potential to be replicated in other nations. At present, it is the only protocol known that is being successfully used to export African gold into the LBMA system. We believe Xcell is the only private company in Africa that has successfully exported African gold into the LBMA system.  This is due to the strict standards it follows at every step of the chain of custody from mine to refinery.

 

African gold mining and export has faced many challenges to become successful, including:

  • Lack of equipment for artisanal and small scale miners (ASM) that lowers potential production and increases the risk of child labor

  • Smuggling (lowering potential income to miners within a system that requires the use of a system of unscrupulous middlemen to buy local production at huge discounts; also lowers potential tax income to the State)

  • Environmental Damage – the use of toxic chemicals to separate precious metals from ore (causing damage to personal health and permanent damage to the land preventing the dual use for farming)

The Xcell Gold Standard solves these challenges in a manner that induces compliance via incentives to all parties by increasing production, decreasing environmental damage, eliminating the need for child labor and importantly, increasing the recovery of precious metal over existing and historically inefficient recovery methods.

Xcell in partnership with the United Nations​

PURPOSE

Economy Division

1

Production

2

Traceability

3

Compliance

4

Transparency

5

Data 

Collecting

6

Security

Tens of millions of poor Africans rely on Artisanal and Small Scale Mining (ASM) to survive.  Issues with increasing production of ASM has plagued Africa for decades.  The Xcell Gold Standard has analyzed these problems on the ground for the past six years and have developed inexpensive technologically-advanced equipment to replace many of these functions.  Solar powered Crushers and Separators will replace the labor requirement of most women and children, freeing them up to entrepreneurial, agricultural ,and educational opportunities. This inexpensive equipment, some of which will be manufactured in-country to create even more local jobs, does not require any chemicals, creating an environmental benefit that will last for generations.

THE XCELL GOLD STANDARD EQUIPMENT

THE XCELL GOLD STANDARD TEAM

Lynnwood Farr, President

Lynnwood@xcellfinance.com | Phone: +41 21 312 57-07

An American citizen, now Swiss resident. Studied at Texas Christian University at Fort Worth, Texas. A career spanning thirty-three years with multinational General Dynamics Corporation. Retiring as President of the Canadian Division. Founder of Xcell Security House and Finance S.A., Lausanne, Switzerland in 2007. Accomplished businessman in the Precious Metals and Precious Stones field. Personally responsible for obtaining and maintaining the Swiss Hallmark granted to Xcell Security House and Finance S.A and creating the Xcell Gold Standard, by which Xcell has been invited to work with United Nations in relation to improving Artisanal Mining worldwide. Included in this invitation is the deployment of specialized Artisanal Mining equipment, some having been invented personally by Mr. Farr. He, through the Xcell Gold Standard, has opened the doors to West African Gold back into the LBMA system.

A. Damany Conde 
President Xcell Guinea - Xcell Gold Standard Guinea

info@xcellfinance.com | Phone: +41 21 312 57-07

Daniel Gonzalez,
Vice President Precious Metals Systems and Operations, Xcell Gold Standard International

Daniel@xcellfinance.com | Phone: +41 21 312 57-07

 A Guinean citizen, third generation of artisanal mining, both Gold and Diamonds. Considered to be one of the most successful Guinean businessmen. Mr. Conde has been a key associate to implement and establish the Xcell Gold Standard in the Republic of Guinea.

Daniel Gonzalez is the Vice President of the Precious Metals Systems and Operations. He manages the Xcell Gold Standard Precious Metal Projects and Operations and has an extensive experience in Gold Mining and Trading. Additionally, Daniel has collaborated extensively with Lynnwood Farr in establishing the Xcell Gold Standard procedures related to data collecting, compliance, administration and traceability. Mr. Gonzalez is primary developer of Xcell’s systems and procedures and financial reporting for Xcell Swiss and Xcell Guinea and Xcell's Group Precious metals Divisions.

Rand Neveloff J.D., MBA, PhD
Vice President Legal and CTO
Xcell Gold Standard International

info@xcellfinance.com | Phone: +41 21 312 57-07

Alex Lamba, Ph.D., MBA
Vice President Business Development
Xcell Gold Standard International

info@xcellfinance.com | Phone: +41 21 312 57-07

Seasoned Developer, Investment Banker and Attorney who has specialized in International project development, finance and consulting for past 25 years. Specialization in large scale infrastructure developments and trade, particularly in the Emerging Markets. Expertise in dealing with Central Bank and trade development issues on a national and international basis, from the capital requirements and facilities needed to fight inflation and currency fluctuations as well as tax and legal implications of domestic and foreign trade laws. Have lead or assisted projects from inception to successful completion in over 50 countries worldwide. Have represented over thirty nations for trade and business development, both for domestic and international markets. Leading expert on renewable energy platforms with over 100 solar projects completed. Mr. Neveloff now focuses on the Xcell Gold Standard project internationally.

Alex Lamba is an international investment banker, with experience in trade finance, project management and development. He has over 30 years of professional experience in market and industry research,

assignment engagement negotiation, debt restructuring, capital restructuring, and commodities trade transactions. He studied in Switzerland and Canada with a focus on Engineering and Finance. Dr. Alex Lamba has an extensive relationship with European banks and large financial institutions, he is involved in the energy and commodity trades worldwide and acts as an independent advisor for Swiss banks.

Maria Martins, Manager Administration and Finance - Xcell Gold Standard, Swiss Headquarters
Maria@xcellfinance.com | Phone: +41 21 312 57-07 

Mrs. Martins is the Manager of the Administration and Finance Department for the Xcell Gold Standard within the Swiss headquarters. Maria makes sure that all the financial and administrative task are carried on perfectly. Mrs. Martins is involved with the coordination and implementation of office procedures and is responsible for specific projects and tasks, overseeing and supervising the work of the administrative and finance staff.

Daniela Alves, Assistant Administration - Xcell Gold Standard Swiss Headquarters

info@xcellfinance.com| Phone: +41 21 312 57-07

Mrs. Alves is the Assistant Administration of the Xcell Gold Standard within the Swiss headquarters. Mrs. Alves performs administrative and office support activities for multiple supervisors and representatives of the Xcell Gold Standard throughout the world. Mrs. Alves is the one in charge of the efficient day-to-day operations of the office, and support the work of management and other staff.

 

Karim Mchirgui, Head of Metallurgist
Xcell Guinea - Xcell Gold Standard Guinea

info@xcellfinance.com | Phone: +41 21 312 57-07

Karim Mchirgui is the Metallurgist for the Xcell Gold Standard in the Republic of Guinea. He in is charge of all the Precious Metals. Mr. Mchirgui manages the Process Metallurgical Department to achieve maximum optimization of ore processing in a safe and environmentally sound manner. He further develops and manages metallurgical operations and work practices that maximize operational efficiencies; improving plant operating performance; reducing waste and delays and achieving a high level of operating efficiency.

Mariam Keita, Manager Administration and Finance -Xcell Gold Standard Guinea.

Mrs. Keita is the Manager of the Administration and Finance Department for the Xcell Gold Standard in Guinea. Mrs Keita makes sure that all the financial and administrative task are carried on perfectly. Mrs Keita is involved with the coordination and implementation of office procedures and is responsible for specific projects and tasks, overseeing and supervising the work of the administrative and finance staff.

Aboubacar Diawara, Geology department -Xcell Gold Standard Guinea.

Bintu Diaby, Manager Administration
Xcell Guinea - Xcell Gold Standard Guinea,
Conakry Office

info@xcellfinance.com| Phone: +41 21 312 57-07

Mrs. Bintu Diaby is the Manager Administrator of the Xcell Gold Standard in Guinea, Conakry office. Mrs. Diaby is involved with the coordination and implementation of office procedures and is responsible for specific projects and tasks. Mrs. Diaby handles all the internal/external communications, managing, overseeing and supervising the clerical and other administrative staff.

Kaba Dati, Administrator -Xcell Gold Standard Guinea.

Kaba Dati is the administrator for the Xcell Gold Standard in Guinea. Mr. Dati  acts as the first line of contact to customers in the Kankan office .  Mr. Dati oversees the administrative operations of the office. Mr. Dati is in charge of the department's day-to-day functions as well as supervising and supporting staff, ensuring a proper flow of the office procedures and making sure that all the procedures of the Xcell Gold Standard in Guinea are carried out flawlessly. 

Mr. Diawara contributes in the Xcell Gold Standard by ensuring the extracted ore from the Xcell Gold Standard Equipment, does not damage the environment. 

© 2019 by Xcell Group SA.

XCELL GROUP SA

Lausanne, Switzerland.

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