about us

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welcome to 

ppm holding

Phoenix Precious Metals (PPM) DMCC was formed in 2015 by Yacoub Sidya, a veteran within the precious minerals industry. PPM acts as a holding company for multiple organisations which he has founded around the World. Headquartered in Dubai, United Arab Emirates, PPM has grown into a leading gold security, trading, exploration and extraction company in the region.

Having commenced as a security provider to the gold industry in 2005, MSS Security (part of the PPM Group) has grown to become the leading provider of specialist high value security and transport services in Africa. Now the largest subcontractor to Brinks in the region, a logical transition was made in 2015 into gold trading and subsequently gold exploration under the Phoenix Precious Metals brand.

PPM Holding group timeline

2005

MSS is founded in Mauritania with 46 employees
2006

MSS have 250 security personnel in Mauritania
2008

MSS becomes the largest private sector employer in Mauritania with 300 staff
2011

MSS begins operations in Senegal and Burkina Faso
2012

MSS begins operations in Mali, Guinea and Niger
2012

MSS move a further 1 billion dollars of gold safely out of West Africa
2013

MSS has moved 3 billion dollars of gold safely out of West Africa
2013

MSS employ 3,500 people in 6 countries in West Africa
2015

Phoenix Precious Metals DMCC (PPM) is incorporated as a holding company
2015

PPM trades 310 million USD of gold in its first year
2016

PPM acquires 7 mining licenses in the Mandiana Basin in Guinea, an area with abundant gold reserves
2017

MSS move a further 6 billion dollars of gold safely out of West Africa
2018

PPM's first Oz. of gold is mined in December 2018
2018

PPM trade 450 million USD of gold
2018

Phoenix Foreign Exchange is incorporated and regulated in the UK
2019

PPM sign a joint venture with the Democratic Republic of Congo government to mine state owned gold mines

PPM Holding group structure

PPM services

The PPM Group has experienced rapid growth over the last decade. This is a reflection of our core values of integrity and trust demonstrated by a client base spanning from Central Banks and Blue Chip Companies to Major Multinational Charities.

in numbers
3,000+

DEDICATED
Employees

Men and women, committed to better protect you around the world

15

Group
Companies

Where you will find the same quality of service and dedication around the world

8

OFFICES
WORLDWIDE

Making us one of the leading gold security companies around the world

12

GOLD
EXPLORATION PERMITS

12 Exploration permit and 1000 0z. of Gold Production Daily 

6BN

USD Gold
Transported

6 Billion dollars of gold transported in 2018 for Brinks

690k

Oz. PROVEN GOLD RESERVES

Proven gold reserves in our mining contracts and permits

450MN

USD AUDITED
REVENUE 2018

450,000,000 USD audited revenue in 2018

350k

Oz. GOLD
TRADED 2018

Circa 350,000 Oz. of gold traded in 2018

meet our
key people

With a community of 3,000+ employees, 15 group companies and 10 offices worldwide

corporate clients

A selection of corporate clients that entrust PPM Group companies with their high value mineral assets as well as their security requirements for their core business operations across Africa.

THE YACOUB A. SIDYA ENDOWED SCHOLARSHIP

In partnership with Northern Kentucky University our founder and CEO started The Yacoub A. Sidya Endowed Scholarship in 2016 to help aspiring academics from Mauritania access US education.
THE YACOUB A. SIDYA ENDOWED SCHOLARSHIP