Our Ethical Sourcing Commitment
Nuran Ventures Limited is committed to operating a clean, transparent, and fully compliant supply chain that aligns with:
Uganda’s Mining and Minerals Laws and regulations
Ministry of Energy & Mineral Development (MEMD) policy and guidelines
Anti-Money Laundering (AML) Legal and Regulatory Framework
Anti-smuggling and anti-fraud enforcement and Compliance Laws and Regulations
International minerals trade standards
Well-researched and credible proven supplier partners.
Our sourcing practices and principles ensure that all precious metals we deal in by the company originate from legitimate, conflict-free, and verified partners that are credible.
Compliance & Due Diligence Standards
Know Your Supplier (KYS) Protocols
We conduct thorough background checks, identity verification, and compliance screening on every supplier before onboarding.
Anti-Money Laundering (AML) Measures
Our operations include strict AML controls, documentation checks, and transaction monitoring to prevent illegal trade.
Traceability & Documentation
Every batch of precious metal that enters our facility is supported by:
Valid licenses
Source declarations
Movement documentation
Assay records
Export/Import clearance (where applicable)
This ensures complete traceability from source to final export.
Legal & Regulatory Compliance
We fully comply with national Laws and Regulations enforced by:
MEMD
URA
UNBS
NEMA
Financial Intelligence Authority (FIA)
URSB
No precious metal enters or leaves our refinery without meeting all legal and regulatory requirement.
Anti-Fraud & Anti-Smuggling Measures
Nuran employs strong controls to safeguard its operations from fraud, misrepresentation, or illegal mineral flow:
Rigorous verification of supplier identity & documents
Secure receiving, weighing & assay processes
Continuous monitoring and in-house compliance audits
Reporting suspicious activity to relevant authorities
Zero tolerance for unverified sources
High-security controls during transportation & handling
These processes ensure the integrity of every transaction.
Important Notice: We have been made aware of fraudulent websites impersonating as Nuran Ventures Ltd. Please ensure you use our official website, contacts and social communication platforms to avoid being scammed. Nuran Ventures has zero torelence to corruption and scamming. Do not share personal or financial information on suspicious sites. Contact us to report any harm or loss caused by those impersonators.
Responsible Refining & Environmental Care
We ensure that refining activities are conducted using safe, environmentally responsible methods, including:
Controlled chemical use
Proper waste disposal systems
Emissions control
Safe handling, melting, and processing
Compliance with environmental laws and NEMA standards
Nuran maintains a low environmental footprint while upholding the highest safety and quality benchmark
Supplier Code of Conduct
All partners must commit to:
Ethical mining practices
Environmental stewardship
No involvement in conflict minerals
No child labor or forced labor
Fair and legal trade
Honest declaration of mineral sources
Respect for communities and workers
Suppliers who violate these principles are immediately disqualified.
Community Responsibility
Nuran’s ethical sourcing extends beyond compliance.
We support communities by:
Encouraging legal, sustainable mining
Promoting safe working conditions
Creating long-term value through fair partnerships
Supporting local economic development
We believe that responsible sourcing strengthens the communities within the mineral value chain.
Monitoring, Review & Continuous Improvement
Nuran’s compliance team regularly:
Reviews supplier profiles
Updates risk assessment criteria
Audits sourcing and refining processes
Adopts new technologies for traceability
Implements improved reporting tools
Ethical sourcing is not a one-time exercise—it is a continuous process.
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Interested in becoming a verified supplier?
Apply for Supplier VerificationNeed help understanding sourcing requirements?
Contact Our Compliance Office