Who We Are?
Since its founding in 1981, SMG Bank Holdings has grown quickly to become one of the world's leading precious metal (Gold, Silver and Platinum Group Metals) exploration and mining companies. SMG Bank Holdings is a young, dynamic organization with a global reach and an international perspective. Currently establishing itself in multiple international offshore tax-free jurisdictions, SMG Bank Holdings utilizes various offshore structures and vehicles to facilitate its onshore business operations. This means we are able to generate good revenue and tax-free dividend to our shareholders worldwide. With approximately 19,000 employees, SMG Bank Holdings is efficiently managed, whereby everyone in the organization understands its mission, vision and corporate philosophies. Despite our tender age, SMG Bank Holdings is better structured, more prudently managed and financially viable than its peers, allowing it to optimally exploit any unforeseen volatility in the current financial market. The executive boards are responsible for running the day-to-day operations of the corporation while the board of directors makes vital decisions and decides on major issues as advised by the various committees. The latter support the Board of Directors in assessing risks, setting remuneration, and monitoring the integrity of the financial statements. Meanwhile, both external and internal auditors collaborate closely to ensure every single operation achieves its objectives, shareholders enjoy maximum benefit and the corporation grows to greater heights.
We produce gold at the cheapest cost and sell at the highest market price. This is SMG Bank Holdings's one and only operational philosophy, which is understood by each of SMG Bank Holdings's employees. No corporation can go wrong by producing at the lowest cost and selling at the highest price.
The mining of platinum starts with finding an ore body containing platinum group metals (PGM), usually associated with copper and nickel ores. Two methods exist to extract platinum ore: the old "narrow reef method" and newer mechanical mining methods. The original "narrow reef method" consists of drilling holes, loading them with explosives and removing the ore once it's blasted free.
Owning a gold mine, although potentially very profitable, may also be a source of ruin for many corporations. 95% of gold discoveries worldwide are not economically viable. It takes somewhere between 8 – 13 years to bring a gold mine from scratch into production, though this time frame can be halved in certain cases. Regardless of the amount of money that has had to be spent and the resources involved, many ventures have had to be scrapped at some stage due to unsolvable problems.
Financial Conduct Authority (FCA)
The Financial Services Register is a public record of firms, individuals and other bodies that are, or have been, regulated by the PRA and/or FCA. SMG Bank Holdings is one of the registrar under FCA. We are mercantile association holding by government charter exclusive trading rights with specified lands and combining freedom for the individual to trade on his own capital with regulations limiting trade in order to keep up prices. Our licence reference number is 665493.Find out more
Health & SafetyWe put people first and our number one priority is the safety of every employee. At SMG Bank Holdings, we believe the health and safety of our work force is more critical to sustaining our business than the amount of ore we mine.By demonstrating our commitment to protecting the welfare of others, we can attract and retain experienced employees, encourage host communities to do business with us, and secure financial investments to explore and develop new regions.
Future ChallengesThere are a number of future challenges we need to address in the area of corporate responsibility, especially given the rapid shift in our asset base and growth in our employee population in coming years. Finding additional ways to engage our people and seeking new ways to progress toward our goal of zero accidents and zero out-of-compliance environmental events. Improving our management of environmental issues across the board, including energy efficiency. Ensuring stakeholder engagement remains a fundamental and consistent part of how we operate.
Get in touch with us. Feel free to use contact below.
152-160 City Rd, London EC1V 2NX, UK
258 Rue Du Faubourg Saint Martin
Paris Ile De France 75010 FRANCE