BOMBAY GOLD BULLION DEAL$
Tuesday, October 19, 2010
EARN $9000 PER MONTH IN MUMBAI!
Tuesday, September 21, 2010
GOLD BULLION VENDING MACHINES NOW IN HOTELS! 2010
THE GUIDE TO YOUR SUCCESS!
ALERT : Tons of gold imports from African origin turn to dust on arrival in Dubai.
Several tons of gold imported into the UAE by traders and investors turned out to be fake on closer inspection, resulting in millions of dirhams in losses and high levels of stress to the victims. Click on the link to read the full article.
Tuesday, August 17, 2010
Ensuring the Quality of Precious Metals Investments
Recently there have been a number of articles on the Internet about tungsten-filled gold bars, as well as rumours that there are more fake and counterfeit coins than real ones. As precious metals prices continue to rise, there will be more and more scams involving precious metals that will prey on individuals trying to save money on the purchase price or storage costs. This is false economy, as well as a risky approach for unsophisticated investors that could result in a complete loss of their investment instead of having precious metals preserve their wealth.
Precious metals do not sell at a discount. Any metals offered at a discount will either not meet good delivery standards, have illegal source backgrounds or are to be delivered at a future date. Investors should remember that it is much easier to create fake or counterfeit coins and bars than it is to create counterfeit paper money. The potential profitability for criminals is very tempting as tungsten, which closely matches the density of gold, sells for about $70 per tonne, compared to $1,100 per ounce for gold. Bullion Management Groups many offers to purchase bullion at a discount, and simply dismiss all such offers as not being credible. Very low storage fees are also suspect, as they typically involve pooled accounts that may not be fully backed by bullion, or the bullion is leased to third parties.
In addition, there are many situations, as with some ETFs and some bullion dealers, where no written confirmation is made that the precious metals are “Good Delivery Bars”, nor is there any representation as to purity or weight. In the case of ETFs, there is no prohibition against Authorized Participants contributing leased bullion. In some pooled leveraged-financing bullion investment schemes, there is little if any bullion backing the investment. At best, the investor simply has an unsecured, uninsured promise from the issuer.
Mocatta & Goldsmid was one of the founding members of the London Bullion Marketing Association (LBMA)
The LBMA has been in existence since 1987 and sets the standards and rules for its members. Mocatta & Goldsmid was purchased by The Bank of Nova Scotia in 1997. ScotiaMocatta is one of the ten market-making members of the LBMA
The rules established by the LBMA mean members can trade bullion between themselves without concern as to the quality or the purity of the bars. Daily Turnover, the net difference in trades among LBMA members, is in excess of US$20 billion for gold and US$1.5 billion for silver. The actual volume is estimated at 7-10 times the Daily Turnover amount.
The LBMA sets the rules for good delivery barsIn January 2004, the LBMA introduced Proactive Monitoring of the refiners on the Approved List, an important initiative which further enhances the reputation of the List and the refiners on it. Prior to the introduction of Proactive Monitoring, a refiner only had to demonstrate its refining and assaying ability at the time of its application for admission to the List. Regular monitoring of those on the List ensures that the stringent requirements for joining the List continue to be met.
The monitoring system necessitated the appointment of Supervisors (to witness the dip-sampling operation that provides samples for testing by the LBMA’s Referees). The monitoring operations are carried out approximately every two months.
If a refiner produces both gold and silver, it is tested for both metals at the same time. Gold refiners that only produce and sell “four-nines” gold may elect to be monitored by assaying a set of reference samples (ranging in fineness from .995 to. 9999) sent to them by the LBMA. These samples have been produced and crosschecked to the highest standards by the panel of Good Delivery Referees.
If the LBMA receives a complaint about the quality of bars produced by a refiner, it investigates the complaint and carries out a bar examination if necessary. If the complaint appeared justified, the LBMA writes to the refiner asking it to “stand behind” its bars by making appropriate restitution to the customer.
Bars traded by LBMA members are maintained within a “Chain of Integrity”. This refers to a traceable chain of custody among trusted trading partners where bullion bars are accepted at face value without an assay test. COMEX rules specify an official “chain of integrity” for COMEX GOLD contracts. The LBMA maintains a list of acceptable member refineries that meet certain membership requirements and have passed assay tests Bullion products from these refineries will generally be accepted by other members of the LBMA at face value without further assay testing. However, the LBMA’s chain of integrity is purely informal. When purchasing bullion products the face value can generally be accepted if the product can be shown to have remained in the custody of a certified bullion repository since its manufacture by an acceptable refinery.
Responsibility for the regulation of the major participants in the London bullion market lies with the Financial Services Authority (FSA) under the Financial Services and Markets Act 2000. Under this Act, all UK-based banks, together with other investment firms, are subject to a range of requirements including capital adequacy, liquidity and systems and controls.
Introducing bars into the LBMA system requires the sale or deposit of the bullion with an LBMA member. Documentation may be required in order to comply with Anti-Terrorism and Money Laundering legislation such as FinCen in the USA, NCIS in the UK, JFIV in China and Hong Kong and FINTRAC in Canada. The identity of the bar owner needs to be established and confirmed, as well as the source of the bars.
If the documentation and the background checks passed scrutiny, then all bars coming from outside the Chain of Integrity are re-assayed and re-cast to Good Delivery standards at the cost of the owner. For bars coming directly from an acceptable refiner, or from another LBMA member, spot checks are made to confirm weight and purity.
In some instances, typically bars from “Deep Storage” from central banks, bars that meet acceptable purity and weight but that do not meet Good Delivery Standards for physical appearance are also required to be recast. The LBMA clarified their position for “Deep Storage Bars” in a press release in 2007
In addition to the checks and balances provided by LBMA and the FSA, BMG receives sales confirmation documentation for every bar purchased from ScotiaMocatta. This documentation details the refiner, the weight to three decimal places and the purity to three decimal places. In addition, The Bank of Nova Scotia, as Custodian, provides detailed inventory lists of all the bars held in storage. One of the physical inventory firms is the KPMG.
As a result of these checks and balances it is highly unlikely that fake or counterfeit bars would ever enter the LBMA Chain of Integrity. Should it be discovered that a bar did not meet Good Delivery Standards or was not of the stated purity or weight, The Bank of Nova Scotia and the LBMA would intervene to correct the situation in order to meet the representations in their sales documentation.
Monday, August 2, 2010
REQUIREMENT FOR GOLD BULLION OFFERS ( August 2010 )
All the LBMA members are welcome to directly contact Mr.Pranaay Katke ( Mumbai ) with their soft offers if they wish to trade with direct buyers in India & UAE. Kindly mail your soft offer at ; bombaygoldbullion@gmail.com / +91.9820123922.
Note : We are not looking for any gold from African origin
Requirement
AU metal ( Gold bullion ) .
Quality : 999.95 purity. Swiss Hallmark internationally accepted.
Quantity : 50MT - 500MT
The London Market
London is the focus of the international Over-the-Counter (OTC) market for gold and silver, with a client base that includes the majority of the central banks that hold gold, plus producers, refiners, fabricators and other traders throughout the world.
Members of the London bullion market typically trade with each other and with their clients on a principal-to-principal basis, which means that all risks, including those of credit, are between the two counterparts to a transaction. This is known as an ‘Over the Counter’ (OTC) market, as opposed to an exchange traded environment.
The London bullion market is a wholesale market, where minimum traded amounts for clients are generally 1,000 ounces of gold and 50,000 ounces of silver.
Unlike a futures exchange – where trading is based around standard contract units, settlement dates and delivery specifications – the OTC market allows flexibility. It also provides confidentiality, as transactions are conducted between the two principals involved.
OTC Guide
The purpose of this Guide is to explain the operation of the London precious metals markets. It defines the principles upon which the markets operate, describes the facilities and products that are available, explains the way in which transactions are quoted and conducted and indicates the type of clients for whom the products may be appropriate. The credit risk or exposure involved between dealer and client in using individual products is also examined.
The Guide also introduces potential users to the marketplaces and the roles of the LBMA and the LPPM. It covers the support facilities of vaulting and clearing, the regulatory regime under which the markets operate and the standard documentation that supports them. Finally, it points to useful sources of further information. As an aid, a glossary of some commonly-used market terms is included as Appendix 1.
All the LBMA members are welcome to directly contact Mr.Pranaay Katke ( Mumbai ) with their soft offers if they wish to trade with direct buyers in India & UAE. Kindly mail your soft offer at ; bombaygoldbullion@gmail.com / +91.9820123922.Note : We are not looking for any gold from African origin RequirementAU metal ( Gold bullion ) .Quality : 999.95 purity. Swiss Hallmark internationally accepted.Quantity : 50MT - 500MTThe London MarketLondon is the focus of the international Over-the-Counter (OTC) market for gold and silver, with a client base that includes the majority of the central banks that hold gold, plus producers, refiners, fabricators and other traders throughout the world. OTC GuideThe purpose of this Guide is to explain the operation of the London precious metals markets. It defines the principles upon which the markets operate, describes the facilities and products that are available, explains the way in which transactions are quoted and conducted and indicates the type of clients for whom the products may be appropriate. The credit risk or exposure involved between dealer and client in using individual products is also examined. The Guide also introduces potential users to the marketplaces and the roles of the LBMA and the LPPM. It covers the support facilities of vaulting and clearing, the regulatory regime under which the markets operate and the standard documentation that supports them. Finally, it points to useful sources of further information. As an aid, a glossary of some commonly-used market terms is included as Appendix 1. |
Gold List
Tuesday 1 Jun 2010
© The London Bullion Market Association, 2009
The following is a list of Refiners of gold whose large bars were found to meet the required standard when originally tested.
Inclusion in this list does not constitute or imply any representation or warranty by the LBMA as to creditworthiness or as to the services or goods supplied or quality or compliance with any specification relating thereto. No liability for direct or consequential loss, howsoever caused, whether by negligence or otherwise, whether by use of this list or reliance thereon, is accepted by the LBMA.
If a bar bears more than one assay stamp, the lowest figure will be taken.
Australia
Western Australian Mint trading as The Perth Mint — Newburn, since 29.3.10
Mark: THE PERTH MINT, AUSTRALIA with stylised swan logo in rounded rectangle.
Belgium
Umicore SA, Business Unit Precious Metals — Hoboken, since 1930 (estimated)
Mark: umicore and company logo above the word HOBOKEN and 9999
Brazil
AngloGold Ashanti Minerção Ltda — Nova Lima, since 21.3.86 Mark: AngloGold Ashanti
Umicore Brasil Ltda — Guarulhos, since 11.12.92
Mark: umicore and company logo above the word BRASIL
Canada
Johnson Matthey Limited — Brampton, since 15.6.61
Mark: Johnson Matthey JM and crossed hammers in diamond, and JM Ltd Canada Assay Office in oval
Royal Canadian Mint — Ottawa, since 1919 (estimated)
Mark: ROYAL CANADIAN MINT and MONNAIE ROYALE CANADIENNE in maple leaf logo with four digit year mark
Xstrata Canada Corporation — Montréal, since 1.1.55
Mark since 16.02.07: CCR
China
The Great Wall Gold and Silver Refinery of China — Chengdu, since 1981
Mark: Refined by Great Wall Gold & Silver Refinery in oval around China, plus Great Wall logo and assay seal
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited —
Huhhot, since 27.10.99
Mark: Horse’s head logo surrounded by QIANKUN GOLD AND SILVER in Roman and Chinese characters and assay mark with Chinese characters for Inner Mongolia, China in Chinese characters and CHINA in Roman characters
Jiangxi Copper Company Limited — Guixi City, since 30.08.05
Mark: Company Logo above JCC
The Refinery of Shandong Gold Mining Co., Ltd — Laizhou City, since 14.1.10
Mark: surrounded by TAISHAN in Roman and Chinese characters within a square comprising four stylised S’s.
Shandong Zhaojin Gold & Silver Refinery Co Ltd — Zhaoyuan City, since 13.12.07
Mark: Triangle with two interlocking half circles and ZHAOJIN in Chinese characters within the triangle.
Zhongyuan Gold Smelter of Zhongjin Gold Corporation — Sanmexia City, since 28.03.06
Mark: Circular logo round Chinese character with CHN GOLD below.
Zijin Mining Group Co. Ltd — Shanghang , since 28.03.06
Mark: Double crescent logo with ZIJIN MINING in Roman and Chinese characters.
Germany
Allgemeine Gold- und Silberscheideanstalt A.G. — Pfrozheim, since 08.04.08
Mark: Allgemeine above logo (a small circle on the inside circumference of a large circle)
Aurubis AG (formerly Norddeutsche Affinererie AG) — Hamburg, since 01-04-09
Mark: Norddeutsche Affinerie Hamburg in rectangle and NA
Heraeus GmbH" href="http://www.wc-heraeus.com/" target="_blank" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 12px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; ">W.C. Heraeus GmbH — Hanau, since 15.7.58
Mark: Heraeus Hanau in rectangle
Hong Kong
Heraeus Ltd Hong Kong — Fanling, since 23.01.06
Mark: Heraeus Hong Kong in rectangle
Metalor Technologies (Hong Kong) Ltd — Kwai Chung, since 15.08.01
Mark since 05.05.07: METALOR and the assay mark is M over HK (vertically)
within an inverted triangle with the words ASSAYERS and MELTERS along the sloping sides of the triangle.
Indonesia
PT Aneka Tambang (Persero) Tbk — Jakarta, since 1.1.99
Mark: LM logo and Logam Mulia Antam Jakarta in oval
Italy
Chimet SpA — Arezzo, since 27.7.96
Mark: Chimet Trattamento Metalli Preziosi Badia Al Pino AR in oval
Japan
Asahi Pretec Corp — Kobe, since 12.09.08
Mark: AKK within a horizontal diamond
Ishifuku Metal Industry Co., Ltd. — Soka, since 30.6.82
Mark: Ishifuku Tokyo Melters and Ishifuku Tokyo Assay Office in circles round Japanese ‘Bun’ character
Japan Mint — Osaka, since 13.12.07
Mark: JAPANESE MINT OSAKA in Japanese and Roman script in oval around leaf symbol
Matsuda Sangyo Co. Ltd - Iruma, since 11.1.00
Mark: Matsuda Tokyo Assayer-Melter in oval with M
Mitsubishi Materials Corporation — Kagawa, since 20.5.81
Mark: Three diamonds mark and three diamonds mark with Assayer Melter in rectangle
Mitsui Mining and Smelting Co., Ltd. — Takehara, since 20.5.81
Mark: Logo consisting of three horizontal lines inside diamond inside circle.
Nippon Mining & Metals Co Ltd — Saganoseki, since 3.5.00
Mark: Hollow circle above NSS with Nippon Mining at right
Sumitomo Metal Mining Co., Ltd. — Saijo, since 17.6.81
Mark: Sumitomo with logo and Sumitomo Assay Office with logo
Tanaka Kikinzoku Kogyo K.K. — Hiratsuka, since 7.9.78
Mark: Tanaka Tokyo Melters round logo and Tanaka Tokyo Assay Office round logo
Tokuriki Honten Co., Ltd. — Shoumachi, since 21.10.81
Mark: Tokuriki Tokyo Melters Assayers in circle round Japanese ‘Toku’ character
Kazakhstan
Kazzinc Ltd — Ust-Kamenogorsk, since 20.6.96
Mark: Stylised K and ‘Kazakstan’ in Cyrillic script in oval with running stag.
The year of production is shown as a separate three-digit number and the bar weight is in troy ounces and metric.
Korea, DPR
Central Bank of the DPR of Korea — Pyongyang, since 22.04.76
Mark: Central Bank Pyongyang, Refiners, Melters, Central Bank DPR of Korea and assay mark
Korea, Republic of
LS-Nikko Copper Inc — Onsan, since 20.5.1994
Mark since 12.7.2005: LS logo and LS Assayer Melter in rectangle
Kyrgyz Republic
Kyrgyzaltyn JSC — Karabalta, since 27.10.99; name & brand changed 1.5.01
Mark: KYRGYZ REPUBLIC in oval round ALTYN on crossed globe logo
Mexico
Met-Mex Peñoles, S.A. — Torreon, since 22.11.91
Mark: Met-Mex Peñoles SA DE CV in oval
Netherlands
Schöne Edelmetaal — Amsterdam (1), since Before 1934
Mark: Umicore company logo with a separation line and the word Feingold
Philippines
Bangko Sentral ng Pilipinas (Central Bank of the Philippines) — Quezon City, since 6.9.79
Mark: Central Bank of the Philippines Gold Refinery & Mint in oval round crucible pouring mould and similar assay mark
Russia
FSE Novosibirsk Refinery — Novosibirsk, since 11.1.99
Mark: Novosibirsk logo, Cyrillic NV and ?????? (‘Russia’ in Cyrillic script) in oval
JSC Ekaterinburg Non-Ferrous Metal Processing Plant — Ekaterinburg, since 11.1.99
Mark: Ekaterinburg logo, Cyrillic ED and ?????? (‘Russia’ in Cyrillic script) in oval
OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastvetmet) —Krasnoyarsk, since 29.11.99
Mark: Krasnoyarsk logo, Cyrillic KR and ?????? (‘Russia’ in Cyrillic script) in oval
OJSC Kolyma Refinery — Khasyn, since 17.09.04
Mark: Company logo and ?????? (‘Russia’ in Cyrillic script) in oval
Moscow Special Alloys Processing Plant — Moscow, since 11.05.07
Mark: Cyrillic ‘Z’ inside Cyrillic ‘C’ and ?????? (‘Russia’ in Cyrillic script) in oval
Prioksky Plant of Non-Ferrous Metals — Kasimov, since 29.11.99
Mark: Prioksky logo, Cyrillic PM and ?????? (‘Russia’ in Cyrillic script) in oval
SOE Shyolkovsky Factory of Secondary Precious Metals — Shyolkovo, since 27.10.99
Mark: Shyolkovsky logo, Cyrillic SCH and ?????? (‘Russia’ in Cyrillic script) in oval
JSC Uralectromed — Verkhnyaya Pyshma, since 12.05.2006
Mark: Company logo in oval and ?????? (‘Russia’ in Cyrillic script) in oval
Saudi Arabia
L’azurde Company For Jewelry — Riyadh, since 1.6.10
Mark: L’AZURDE in Roman and Arabic characters beneath square company logo with stylized “L”.
South Africa
Rand Refinery Limited — Germiston, since 1921(estimated)
Mark: Rand Refinery Limited and Rand Refinery Ltd. South Africa in circle round head of springbok
Spain
SEMPSA Joyeria Plateria SA — Madrid, since -.1.84
Mark: Sociedad Española de Metales Preciosos SA in circle round Fundidores Afinadores and star
Sweden
Boliden Mineral AB — Skelleftehamn, since -.1.84
Mark: Boliden with logo
Switzerland
Argor-Heraeus SA — Mendrisio, since 28.8.61
Mark: Argor-Heraeus SA in circle round AH and AH Melter Assayer in rectangle
Cendres & Métaux SA — Biel-Bienne, since 20.5.81
Mark: Cendres et Métaux SA. CH Bienne in circle round CM logo and CM Essayeur Fondeur in rectangle
Metalor Technologies SA — Marin, since Before 1934
Mark: METALOR® and assay mark showing Essayeur Fondeur with MP in triangle
PAMP SA — Castel San Pietro, since 10.6.87
Mark: PAMP SA Switzerland with PAMP logo and Essayeur Fondeur in rectangle with PAMP logo
Valcambi SA — Balerna, since 20.5.68
Mark: Valcambi SUISSE with assay mark (a rectangle enclosing CHI in a circle and ESSAYEUR FONDEUR)
Taiwan
Solar Applied Materials Technology Corp. — Kuang Tien, since 25.2.10
Mark: SOLAR APPLIED MATERIALS TAIWAN on the inner circumference of a circle surrounding a Black-faced Spoonbill
Turkey
Atasay Kuyumculuk Sanayi Ve Ticaret A.S. — Istanbul, since 7.5.10
Mark: ATAkulche with ATASAY and ASSAYER in circular assay mark.
USA
Johnson Matthey Inc — Salt Lake City, since 22.5.89
Mark: Johnson Matthey with JM and crossed hammers in diamond, and JMI Assay
Office in oval round SLC
Metalor USA Refining Corporation — North Attleboro, since 19.7.91
Mark: METALOR® and MUS assayer’s mark including year
Uzbekistan
Almalyk Mining and Metallurgical Complex (AMMC) — Almalyk, since 28.10.97
Mark: Uzbekistan in Cyrillic and Roman script in circle round globe and AMMC logo with Melter Assayer in rectangle
Navoi Mining and Metallurgical Combinat — Navoi, since 17.10.94
Mark: Uzbekistan, in Cyrillic and Roman script in circle round globe and NMMC logo with Melter Assayer in rectangle
Former Melters & Assayers of Good-Delivery gold Bars
The following list includes
Refiners who no longer produce bars at the locations listed
Refiners whose bars are no longer accepted as Good Delivery by the London Bullion market
Bars whose brand mark have been changed (in which case the current brand mark is described in the Active gold List)
However, bars produced by these refiners prior to their transfer to this list continue to be acceptable as Good Delivery.
The LBMA reserves the right to de-list bars after an appropriate period of time where production has ceased.
Australia
AGR Joint Venture — Kewdale, since 31.1.00
Mark: Australian Gold Refineries AGR Perth in lozenge with outline of swan on the left and three stacked bars on the right
AGR Joint Venture — Newburn, since 31.12.02
Mark: Australian Gold Refineries AGR Perth in lozenge with outline of swan on the left and three stacked bars on the right
AGR Matthey — Newburn, since 24.1.2003
Mark: AGR MATTHEY in oval around three stacked bars
Deak International —
Mark: Deak International
Engelhard Industries Pty Ltd — Thomastown
Mark: Engelhard Australia and assay mark
Former Australian Branches of the Royal Mint, London — Perth
Mark: Royal Mint Perth Branch and mint mark; Royal Mint Melbourne and mint mark
Golden West Refining — Kewdale, since 1.2.93
Mark: Australia and Balance scales within map of Australia plus Golden West Refining in circle round three stacked bars
Harringtons Metallurgists Limited — Ringwood, since 22.8.95
Mark: Harringtons Metallurgists Australia Fine Assay Office mark
Johnson Matthey (Aust.) Ltd. — Thomastown, since 3.2.92
Mark: Johnson Matthey Melbourne in oval round. Refiners Melters and Johnson Matthey Assay Office in oval round crossed hammers
Matthey Garrett Pty Limited — Sydney
Mark: Matthey Garrett Pty Limited Sydney Refiners
The Perth Mint — Perth
Mark: The Perth Mint and mint mark
Western Australian Mint — Newburn, since 1928
Mark: Australian Gold Refineries AGR Perth in lozenge
Western Australian Mint trading as Australian Gold Refineries — Kalgoorlie, since 27.1.95
Mark: AGR Kalgoorlie
Belgium
SA Johnson Matthey NV — Brussels, since -.11.95
Mark: Johnson Matthey Brussels and assay mark
NV Métallurgie Hoboken-Overpelt SA — Hoboken
Mark: Métallurgie Hoboken-Overpelt and assay mark
Umicore SA, Business Unit Precious Metals — Hoboken, since 1930 (estimated)
Mark: Hoboken 9999 and Hoboken 999.7
Brazil
Banco Ourinvest SA — Sao Paulo, since 01.07.05
Mark: i in circle and Ourinvest, and i in circle and Ourinvest S.B.M. all in rectangle
Casa da Moeda do Brasil – CMB — Rio de Janeiro, since 30.06.04, since 03.10.00
Mark: Casa da Moeda do Brasil - CMB and mark
Goldmine Fundidora Ltda — , since 13.7.98
Mark: Goldmine in oval and assay mark
Minerção Anglogold Ltda — Nova Lima, since 21.3.86
Mark: Morro Velho and MMV in rectangle
Umicore Brasil Ltda — Guarulhos, since 11.12.92
Mark: Degussa Brasil with sun and moon in diamond logo
Canada
Degussa Canada Ltd — Burlington, since -.5.91
Mark: Degussa Canada Ltd
Engelhard Canada Ltd — Aurora
Mark: Engelhard and trademark
Falconbridge Limited — Montréal, since 1.1.55
Mark delisted 16.02.07: Refined (year) Noranda Inc CCR Montréal East Canada
Johnson Matthey & Mallory Ltd — Mark: Johnson Matthey & Mallory Canada and assay mark
Royal Canadian Mint — Ottawa, since 01.01.07
Mark: ROYAL CANADIAN MINT and MONNAIE ROYALE CANADIENNE in maple leaf logo
China, People’s Republic of
Gold and Silver Refinery of China — Chengdu, since 2.10.01
Mark: Star and circle, “Assayed by R.C.”
Neimenggu Precious Metal Refinery of China — Huhhot, since 28.09.00
Mark: Horse’s head logo circled by Neimenggu Precious Metal Refinery of China in Chinese and Roman script and assay mark of logo in circle with Chinese script
Colombia
Banco de la República — Medellin, since 1997
Mark: Banco de la República Colombia in rectangle with mountains
France
Les Anciens Etablissements Léon Martin — Mark: Anc Ets Léon Martin Fondeur
Affineur Bagneaux Pres Paris and assay mark
Caplain Saint-André Precieux —
Mark: Caplain Saint-André Affineurs-Fondeurs
Compagnie des Métaux Précieux — Ivry, since 1989
Mark: Compagnie des Métaux Paris Fondeurs Affineurs and assay mark
Comptoir Lyon-Alemand Louyot —
Mark: Comptoir Lyon-Alemand Louyot-Paris Affineur Fondeur and assay mark
Comptoir Lyon-Alemand et Marret, Bonnin, Lebel et Guieu réunis — , since 1.10.95
Mark: Comptoir Lyon-Alemand et Marret Bonnin Lebel et Guieu réunis and assay mark
Engelhard S.A. — , since 1.10.95
Mark: Compagnie des Métaux Précieux Paris Fondeurs Affineurs and assay mark
Engelhard-CLAL S.A.S. — Noisy le Sec, since 31.12.02
Mark: Engelhard-CLAL Paris and lion logo
Marret, Bonnin, Lebel et Guieu (Melters only) — Mark: Marret, Bonnin, Lebel et
Guieu and assay mark
Germany
Degussa-Huls AG — Hanau, since 1.11.00
Mark: Degussa with sun and moon in diamond logo
Norddeutsche Affinerie Aktiengesellschaft — Hamburg, since 01-04-09
Mark: Norddeutsche Affinerie Hamburg in rectangle and NA
Hong Kong
Johnson Matthey Hong Kong — Kwai Chung, since 15.8.01
Mark delisted 05.05.07: Johnson Matthey Hong Kong in oval round REFINERS
MELTERS and Johnson Matthey Assay Office in oval round crossed hammers
Italy
Metalli Preziosi SpA — Paderno Dugnano, since 23.03.09
Mark: Metalli Preziosi S.p.A. Milano Affinazione in oval round MP in diamond
Japan
Mitsui Mining and Smelting Co., Ltd — Takehara, since 01.02.07
Mark: Logo consisting of three horizontal lines inside diamond inside circle
Nippon Mining and Metals Co., Ltd. — Hitachi , since 1.10.98
Mark: Nippon Mining, logo and HM
Kazakhstan
Kazzinc Joint Stock Company — Ust-Kamenogorsk, since 20.06.96
Mark: Stylised K and Kazakhstan in Cyrillic script in oval with running stag
Korea, Republic of
Korea Zinc Co Ltd — Onsan (2), since 9.8.2000
Mark: KOREA ZINC CO., LTD. 1974 in circle around KZ
LG-Nikko Copper Inc — Ulsan, since 38558
Mark: LG-Nikko with LG logo and Assayer Melter with LG logo
LG Metals — , since 1.12.99
Mark: LG in face shape inside circle
Netherlands
Engelhard-CLAL/Drijfhout BV — Amsterdam, since 30.06.04
Mark: H Drijfhout & Zoon Amsterdam Melters and assay mark
Schöne Edelmetaal — Amsterdam, since Before 1934
Mark: Degussa with sun and moon in diamond logo
Romania
Allied Deals Phoenix SA Baia Mare — Baia Mare, since 16.5.02
Mark: Allied Deals Phoenix S.A. Baia Mare in circle with globe, eagle and ADG.
Must be accompanied by assay mark of Banca Nationala a Romaniei
Singapore
Degussa (Private) Limited — Singapore, since 20.11.98
Mark: Degussa Singapore with sun and moon in diamond logo
South Africa
Musuku Beneficiation Systems Pty Limited — Virginia, since 01.01.07
Mark: Arrow Logo plus HARMONY
Spain
Industrias Reunidas Minero-Metalúrgicas SA (Indumetal) — , since 20.11.96
Mark: Indumetal and Orispania Bilbao
Switzerland
Argor SA — , since -.9.86
Mark: Argor SA Chiasso and assay mark
Bureau Central Suisse, Contrôle Métaux Précieux (Assayers only) — Mark: Bureau
Central Suisse, Contrôle Métaux Précieux
Métaux Précieux SA Metalor — Marin, since 05.06.01
Mark: Métaux Précieux SA Metalor in circle round MP logo and MP assay mark
Monnaie Fédérale Suisse —
Mark: Monnaie Fédérale Suisse(Melters only)
Société de Banque Suisse —
Mark: Société de Banque Suisse Le Locle and assay mark
Usine Genevoise de Degrossissage d'Or — , since 1992
Mark: UGDO Essayer Fondeur Degrossissage d'Or
Valcambi SA — Balerna, since 16.10.06
Mark: VALCAMBI SA BALERNA-SUISSE with assay mark (a rectangle enclosing CHI in a circle and ESSAYEUR FONDEUR)
United Kingdom
Bank of England —
Mark: Bank of England with Britannia seated holding spear
Engelhard-CLAL UK Limited — Chessington, since 1.10.98
Mark: Engelhard-CLAL London
Engelhard Limited — , since 1.10.95
Mark: Engelhard London and ‘E’
Johnson & Sons, Assayers Ltd (Assayers only) —
Mark: Assay Office stamp
Johnson & Sons, Smelting Works Limited —
Mark: Johnson & Sons Smelting Works
Refiners Melters
Johnson Matthey Plc — Royston, since 1919
Mark: Johnson Matthey London in oval round Refiners Melters and Johnson
Matthey Assay Office in oval round crossed hammers logo
N M Rothschild & Sons — London
Mark: N M Rothschild & Sons NMR
Royal Mint — London
Mark: Coat of Arms of the Royal Mint
The Sheffield Smelting Co Ltd London — Sheffield
Mark: Refined by the Sheffield Smelting Co Ltd London and Sheffield and assay mark
USA
ASARCO Incorporated — Baltimore
Mark: ASARCO Gold Baltimore Maryland or ASARCO Gold Perth Amboy New Jersey
ASARCO Incorporated — Amarillo, since 22.06.05
Mark: ASARCO Gold Amarillo Texas in square
Engelhard-CLAL USA — Cartaret, since 10.12.97
Mark: Engelhard-CLAL New York
Engelhard Corporation — Anaheim, since 31.12.00
Mark: Engelhard logo and W in octagon
Engelhard Corporation — Carteret, since 10.12.97
Mark: Engelhard USA and ‘E’
Handy & Harman Refining Group Inc — Attleboro, since 03.04.01
Mark: Handy & Harman Refining Group with HH in square
Homestake Mining Company — Lead, since 03.10.00
Mark: Homestake Mining Company in circle round HMC logo
United States Metals Refining Company, Subsidiary of Amax Inc — Carteret
Mark: DRW Reg US Pat Off
United States Assay Offices & Mints — New York, since 8.9.97
Mark: US Assay Office New York or Mint of The United States at San Francisco, or US Mint San Francisco, or US Mint Denver
USSR (formerly known as)
State Refineries — Moscow, since 1.1.97
Mark: ???? (‘SSSR’ in Cyrillic script) with hammer and sickle
Zimbabwe
Fidelity Printers and Refiners(Private) Limited — Harare, since 30.06.08
Mark: Fidelity Refiners in rectangle and bird logo in circle
Former Assayers
The Association confines its listing to those organisations which have the capability both to melt and to assay Good Delivery bars.
The following organisations were accorded the status of ‘Assayers only’ on the relevant listing previously issued by the London Gold Market.
- Daniel C. Griffith & Co Ltd
- Laboratoires Boudet & Dussaix
- Chartered Industries of Singapore