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LBMA faces growing calls for transparency over African industrial gold

LBMA faces growing calls for transparency over African industrial gold
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Burkina fasoNorth maraCity ofUnited kingdomDemocratic republic of the congoSouth africaMarc ummelOrganisation for economicUnited kingdom high courtLondon bullion market associationGood delivery listDemocratic republicGlobal witnessEconomic co operationResponsible gold guidance

Swiss NGO unmasks African industrial gold trade

Switzerland’s refineries are top recipients of gold mined at industrial sites in Africa but they are not keen to share the details.

South africaCity ofUnited kingdomSwitzerland generalUnited arab emiratesMetalor swissaidPrecinox swissaidArgor heraeusArgor swissaidValcambi swissaidMarc ummelLondon bullion market associationRand refineryPrecious metals control ordinanceLatest news

Swiss NGO unmasks African industrial gold trade

Switzerland’s refineries are top recipients of gold mined at industrial sites in Africa but they are not keen to share the specifics.

City ofUnited kingdomUnited arab emiratesSouth africaSwitzerland generalArgor heraeusMarc ummelLondon bullion market associationRand refineryPrecious metals control ordinanceLatest news

EU ban on Russian gold puts Switzerland on the spot

The question is whether Switzerland, a major global hub for gold, will follow suit.

United kingdomCity ofMarc ummelOffice for customsSwiss precious metals instituteSwiss association of manufacturersSecretariat for economic affairsSwiss federal councilEuropean unionWorld gold councilRussian central bankLondon bullion market associationEconomic complexityState secretariatEconomic affairsFederal council

Swiss gold imports come under scrutiny as G7 targets Russia

A spike in Switzerland’s gold imports from Russia is under scrutiny as the leaders of G7 nations gear up to introduce a ban on the precious metal.

Switzerland generalUnited statesUnited arab emiratesUnited kingdomBruxelles capitaleCity ofMarc ummelMark piethJoe bidenOffice for customsSwiss association of manufacturersEuropean unionRussian central bankLondon bullion market associationBritish prime minister boris johnsonFederal office