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The London Bullion Market Association


Monday 17th February, 2014

 



 

PRESS NOTICE


Republic Metals Corporation added to the LBMA's Good Delivery Gold List

 





The precious metals refinery of Republic Metals Corporation (Republic) of United States of America has been added to the LBMA’s Good Delivery List for gold with effect from 17th February, 2014.

Republic has satisfied the LBMA as to its ownership, history, production capability and financial standing. It has also passed the LBMA’s exhaustive testing procedures, under which its gold bars were examined and assayed by independent referees, and its own assaying capabilities were tested.

Republic is located in Miami. Its primary sources of feedstock are mined material as well as scrap materials sourced from the jewellery, dental and pawn sectors. Republic’s refined gold output is mainly in the form of cast bars.


Background

The London Good Delivery List of Acceptable Refiners of gold and silver is maintained by the LBMA, by whom it is copyrighted. It lists those refineries whose gold and silver bars have been found, when originally tested, to meet the required standard for acceptability in the London bullion market. The List now includes 68 gold and 78 silver refiners.


About the London Bullion Market Association

The LBMA is the international trade association that represents the wholesale over-the-counter market for gold and silver bullion. The LBMA undertakes many activities on behalf of its members, including the setting of good delivery and refining standards, the organisation of conferences and other events, and serving as a point of contact for the regulatory authorities.


 


For further information please contact Ruth Crowell, Chief Executive,via email to
ruth.crowell@lbma.org.uk






1-2 Royal Exchange Buildings, London EC3V 3LF
Tel: +44 (0)20 7796 3067 Fax: +44 (0)20 7283 0030 www.lbma.org.uk


To download the PDF version of this press release - click here

RMC2 A division of Republic Metals Corporation | 12900 NW 38th Ave | Miami, FL 33054 | (888) 685-8505