Falcon Gold & Precious Metals is set to open Qatar’s first and only gold refinery in Qatar Free Zone, marking a significant milestone in the country’s economic diversification efforts. The state-of-the-art facility will position Qatar as a key player in the global gold market, leveraging advanced technology and sustainable practices to enhance local production, create job opportunities, and drive economic growth.
Located in the Qatar Free Zone, Falcon Gold’s refinery benefits from cutting-edge infrastructure and seamless access to air and seaports. The Free Zone's tax exemptions provide a favourable business environment, reducing costs and increasing the competitiveness of Falcon Gold’s products in the international market.
The refinery has an impressive capacity, with the ability to refine up to 600 kilograms of gold bullion per day, primarily in the form of 1kg bars. Additionally, the facility will produce specialized products, including coins and customized bars, allowing businesses to imprint their company seals or design unique gold items. The standard product range includes bars of various sizes, from 1g to 1kg, as well as 1oz coins. Presales for Falcon Gold’s products are now open, and inquiries can be made through their official sales channel.
Falcon Gold’s operations encompass refining and trading, ensuring the highest levels of purity for gold and other precious metals. The company aims to establish itself as a trusted partner in the global gold trade, facilitating secure transactions and connections across international markets. Integrity, quality, and customer satisfaction form the core values of Falcon Gold, ensuring transparency and ethical standards in all business dealings.
Equipped with state-of-the-art technology and a team of skilled professionals, Falcon Gold & Precious Metals is committed to continuous improvement and innovation. The company invests in research and development to stay ahead of industry trends, enhancing efficiency, accuracy, and reliability in gold refining. A key aspect of their approach is their proprietary adaptation of the aqua regia technique, a refining process that maximizes gold purity while minimizing environmental impact.
Falcon Gold is committed to responsible gold sourcing and production, ensuring compliance with international standards. The company upholds ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2018 (Occupational Health & Safety). Strict supply chain controls ensure that refined precious metals do not contribute to human rights violations, money laundering, or the financing of conflict and terrorism.
The facility boasts an advanced in-house laboratory employing cutting-edge analysis techniques. The gold content in alloyed metals is determined using gravimetric analysis, cupellation, and acid parting methods. Instrumental analysis methods such as Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES) and X-Ray Fluorescence Spectrometry (XRF) further ensure precision in gold assessment. The refinery’s products are manufactured according to stringent international standards, including ISO 11426:2021 for gold and ISO 13756:2024 for silver. Third-party quality assurance and quality control (QA/QC) checks further validate Falcon Gold’s commitment to excellence.
Beyond economic contributions, Falcon Gold & Precious Metals is poised to make a significant socio-economic impact in Qatar. By establishing a strong gold refining and trading presence, the company will contribute to the country’s GDP and attract foreign investment, strengthening Qatar’s global economic position. The facility will create numerous employment opportunities, from skilled refining professionals to administrative and support staff, fostering local talent development through training programs.
Falcon Gold’s emphasis on technological advancement and innovation places Qatar at the forefront of the refining and mining sectors. Collaborations with local universities and research institutions will drive knowledge transfer and promote a culture of continuous innovation. Additionally, Falcon Gold is dedicated to environmental sustainability, adhering to ISO 14001:2015 standards and implementing eco-friendly practices to minimize its ecological footprint.
The company also embraces corporate social responsibility by engaging with local communities, supporting education, healthcare, and infrastructure projects. Ethical business practices remain a priority, ensuring the fair treatment of all stakeholders involved in its operations.
Falcon Gold’s impact extends beyond Qatar’s borders, as its operations will enhance the country’s presence in international gold markets. By exporting refined gold and precious metals, Falcon Gold contributes to Qatar’s global trade partnerships, further solidifying the nation’s reputation for high-quality, ethical, and innovative industrial practices.
