Valcambi is a Swiss-based precious metals refiner that was established in 1961 and is world renowned as one of the largest producers and suppliers of cast and minted bullion bars. Valcambi’s bullion bars are hailed throughout the world for their outstanding quality and are a hallmark of Swiss craftsmanship, making them sought after by precious metal connoisseurs. The company manufactures its products in Balerna, Switzerland, where it operates one of the world’s largest precious metal facilities capable of refining an impressive 2,000 metric tonnes of precious metals per year. To put this number into perspective, the annual gold mine supply in 2013 reached 3,000 tonnes. The total value annually processed in this plant is impressive to say the least, and the fact that Newmont Mining, one of the world’s biggest gold mining companies, holds a majority stake in the company is an indication of Valcambi’s importance as one of the world’s topmost precious metal foundries. Accredited by all major precious metal exchanges, Switzerland’s central bank and the LBMA (London Bullion Market Association), Valcambi’s gold and silver bullion bars are recognised worldwide, with clients ranging from retail investors to some of the largest international financial institutions, governments and central banks.
Valcambi a member of the London Bullion Market Association
The LBMA, or London Bullion Market Association, was established as an independent oversight body by Britain’s Central Bank in 1987. The roots of the LBMA can be traced back several centuries to the 1700s when London started to emerge as the world’s leading trading hub for precious metals. Referred to as the “London Gold Market”, it was self-regulated by the London’s foremost bullion traders and fabricators who oversaw the market by accrediting precious metal refiners to the London Good Delivery List. Only those refiners that met the quality and purity criteria set down by the “LGD” list were allowed to enter the London bullion market. Today, more than 135 companies, which include some of the largest precious metal refiners, storage providers, manufacturers and bullion traders, are members of the London Bullion Market Association. They all form part of the LBMA, the world’s most respected and trusted international authority that monitors the production and refining process of gold and silver bullion. LBMA’s primary role is to manage the Good Delivery List which is today the international standard for the quality and assaying of gold and silver bars.