Guyana’s Gold,
Responsibly
This is El Dorado Trading
Working with the Guyana government, local artisanal and small scale miners, and international partners to grow a stable and responsible gold mining sector.
136 Young Street, Kingston, Georgetown, Guyana
Our Goal is:
To Provide the Best service to Guyana’s gold miners.
Scale
We have the largest network of buying offices in the country. Our locations are placed to be close to the miners we serve.
Expertise
Our founder is also a gold miner and we understand what it takes to mine in Guyana.
Initiative
We support initiatives to improve mining that better protects our people and our environment.
Our Story
Our History
El Dorado Trading has it’s origins with its founder’s path that led him along a path from jeweler to gold miner to gold trader.
Founded by Mr. Tamesh Jagmohan over two decades ago, El Dorado Trading has its beginnings in the selling of jewelry. At an early age, when Mr. Jagmohan was just in high school, his father engaged him in the jewellery-trading culture, teaching him all the essentials and the quirks of buying and selling gold.
Building upon this early introduction, in 1991 at the age of 17, Jagmohan started a gold jewelry business and a few years later, El Dorado Trading was established, and obtained their licence to export gold internationally in 1999. Along this journey, El Dorado Trading became a member of the Guyana Gold and Diamond Miner’s Association and became recognized for their strong work ethic, core values and customer service.
Our founder with his own mining experiences understood that setting up buying offices closer to the miners would better serve the company’s suppliers. This enables the company to grow its buying volumes year over year and helps distinguish it from other official dealers of the Guyana Gold Board (GGB).
Our Future
El Dorado Trading is committed to improving transparency and accountability in its supply chains. The company has established strong management controls and will continue to improve upon them every year. Assisting upstream suppliers to ensure that their operations meet global expectations for Artisanal and Small Mining operations (ASMs).
The support received is credited to the trust established with their customers and the gold mining community and this trust is based upon the continued transparency in their relationships and adherence to their strong values and globally recognized standards.
We find El Dorado Trading and its management is driven by a strong desire to sustain client’s satisfaction in every regard. We rate their customers’ services as excellent and genuine. It is the most trusted gold dealer in our view. We are humbled to be part of this experience.
MT.
El Dorado Trading’s code of conduct reflects our values and is foundational to our relationships with, and responsibilities to, all our stakeholders. At El Dorado Trading we care for people, act with integrity and honesty, work together, value innovation and problem solving, and strive for high performance. For these reasons, El Dorado Trading has some of the most talented leaders in the Guyanese gold mining industry comprising our ethnically diverse team of employees.
El Dorado presently has five offices anchored around mining locations within Guyana to facilitate security and convenience for our clients. This branch network separates El Dorado Trading from other licensed gold dealers of the Guyana Gold Board, who typically have one or two offices within the city of Georgetown.
Our Partners
El Dorado Trading works closely with the national government, local councils, and NGOs to develop a stronger and more responsible mining sector in Guyana.
El Dorado Trading is focused on delivering sustainable value for our people, stakeholders, and host communities. This is considered one of our key business strategies as we believe in sustainable economic empowerment of our host communities which is part of our company’s core make-up.
El Dorado Trading has also provided food hampers and donations in several locations throughout Guyana to help the less fortunate (especially those who are unemployed as a result of the Covid-19 pandemic).
Our company has contributed to places of worship throughout Guyana and has facilitated sponsorships for students, contributed to hospitals, schools, universities, the Lions Club International Foundation, aid in worldwide blindness and cancer awareness.
El Dorado Trading is also in close partnership with NGOs, medical institutions, and charities to address the needs of long-term resiliency and future community development.
We catered and sponsored to all sporting activities, pageantry, supporting young entrepreneurs in their businesses and monthly assistance to the elderly and disabled persons.
The company strongly supports the national dialogue on shifting Guyana to zero usage of Mercury by 2025 under the Minamato Convention.
El Dorado Trading
Our Impact
El Dorado Trading is committed to the growth and prosperity of Guyana that retains the splendor of its natural environment.
Direct Employment
El Dorado Trading employs more than 20 staff across five offices in Guyana.
Community Engagement
Provides direct support and resources to local communities. Partners with external aid organizations to facilitate their projects.
Strong Local Market
Our locations provide easy access to miners which promotes the legitimate trade of gold at a reliable and fair price.
Economic Stability
El Dorado Trading annually contributes millions of US dollars to the local economy providing stability to the Guyanese currency.
El Dorado Trading
Professional Credentials
Government Licences
Registered Business under Section 5 of the Business Names (Registration) Act, Chapter 90:05.
Dealer Authorized to Possess, Sell, or Export Gold by the Guyana Gold Board under the Guyana Gold Board Act of 1981.
Member of Organizations
Guyana Gold and Diamond Miners Organization
American Chamber of Commerce of Guyana
Canada Guyana Chamber of Commerce
Private Sector Commission (of Guyana)
Lions Club of Essequibo
Special Awards and Honours for the Company
Chevron Award – Essequibo Lions Club
Business Award – American Chamber of Commerce
Top Gold Dealers Award – Guyana Gold Board
Top Gold Dealers Award – Guyana Gold Board
Top Gold Dealers Award – Guyana Gold Board
Top Gold Dealers Award – Guyana Gold Board
2016
2019
2017
2019
2020
2021