Genesis Resources Inc. is headquartered in San Francisco, USA. Our organization places a premium on honesty, conscientiousness, and pragmatism.
Genesis Resources has been involved in international trades in the Asian market since 1990, specializing in base metals, minor metals, ferrous metals, scrap metals, minerals, trade finance services, logistics, and more.
Our strong business ethics and our broad spectrum of partners demonstrate our professionalism and trustworthiness.
Our mission is to further develop our target business areas and to expand Genesis Resources and its partners. We are interested in working with both domestic and international customers, working together for mutual benefit.
San Francisco, CA
Genesis Resources Inc
GRI was founded in 2010, by Steven Kao after returning to the United States from China where he had established a trading network in commodities including, copper, lead, tin and zinc. Mr. Kao, lived in China (Beijing and Shanghai) for 25 years and started trading metals in Beijing before moving to Shanghai and establishing his own trading company.
He also was the exclusive agent in China for several International trading companies including Metalgesellschaft AG, Mitsubishi, Rudolf Wolff, Allied Deals, MFC Commodities, Greenwich Metals and INTLFCStone.- all traders of physical base and precious metals. He was also instrumental in providing sophisticated risk management financial derivatives for metal producers in China.
In 2014, GRI traded Nickel, Lead and Zinc (“Base Metals”) and had revenues of USD193 MM. In 2015, in addition to the Base Metals, GRI also traded precious metals, which it sourced principally from producers in South Africa and sold to customers in Asia. Revenues through August 31, are USD 411MM.
In 2014, GRI added:
Mr. Steven Springer as CFO. Mr. Springer has more than 40 years of experience in the commodities and finance having worked as Treasure/CFO of Associated Metals & Minerals Corp., Minemet Inc., Ecoban Limited, Sogem Inc., Minpeco Inc, Gerald Metals, Greenwich Metals and INTLFCStone.
Mr. Morgan Li, a founding partner of Shenzhen Qianhai Chun Qiu Capital Ltd. Dr. Li has a Phd. degree in economics and finance with extensive experience in asset management and M&A. He has assisted several companies in becoming listed on the stock exchanges.
In 2015, GRI expanded its management depth:
Added Mr. William Silverstein as Senior Director. Mr. Silverstein has over 40 years of experience, in the role of a trader and SVP with responsibility for risk management of the base metals business for Associated Metals & Minerals Corp., Rudolf Wolff. Minemet Inc., Standard Bank, Gerald Metals, Greenwich Metals and INTLFCStone. Mr Silverstein is responsible for risk management and trading of base metals.
Added Michael Weissman as Head of Precious Metals Trading. Mr. Weissman has over 30 years of experience as a trader and provider of sophisticated risk management derivatives for the clients of J Aron/Goldman Sachs, Standard Bank, Auramet and INTLFCStone.
Added Daniel Hunt, a founder of International Gold Trust, a Swiss based precious metals and integrated solutions provider. Delivering added value components to the bullion industry in the form of advanced software packages and solutions for enhancing sales and developing market share.