Valcambi
Valcambi
 | |
Formerly called | Valori & Cambi |
|---|---|
| S.A. (corporation) | |
| Industry | Refining |
| Founded | Balerna, Switzerland (May 15, 1961) |
| Headquarters | Balerno, Switzerland |
Area served | Worldwide |
Key people | |
Number of employees | 155 |
| Website |
www |
Valcambi is a precious metals refining company located in Balerna, Switzerland. They refine gold, silver, platinum and palladium into various forms including cast and minted bars, rounds, coins, and other semi-finished casting products. It is among the world's largest precious metals refiners, and refines more gold than any other.[1] Additionally, the company provides precious metals assay, transportation, and storage services.
History
Valcabi was formed on May 15, 1961 by a group of 5 Swiss businessmen/entrepreneurs from Mendrisio. The company name was changed to Valcambi on June 30, 1967. In 1967, Credit Suisse bought 50% of the Valcambi refinery, followed by the purchase of another 30% stake in 1968. The remaining 20% was purchased in 1980, giving Credit Suisse 100% control of Valcambi.[2]
In 2003, European Gold Refineries SA purchased 100% of Valcambi from Credit Suisse.[3]
European Gold Refineries is 100% owned by Global Gold Refineries AG, which in turn is 95% owned by REL Singapore PTE Ltd. and 5% by Rajesh Exports Limited India. In effect Valcambi is 100% controlled by Rajesh Exports Limited since they have a 100% stake in REL Singapore.[2]
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An example of a Valcambi minted gold bar.
Accreditation & Certification
- London Bullion Market Association (LBMA) Good Delivery (Gold)[4] - 1968
- London Bullion Market Association (LBMA) Responsible Gold)[4] - 2015
- London Bullion Market Association (LBMA) Good Delivery (Silver)[5] - pre-1972
- London Platinum & Palladium Market (LPPM) Good Delivery (Platinum)[6]
- London Platinum & Palladium Market (LPPM) Good Delivery (Palladium)[7]
- Fairtrade
- ISO 9001: 2008 – Quality management systems
- ISO 14001: 2004 – Environmental management systems
- ISO/IEC 17025
- CME Group – Market Contract: COMEX - 1974
- Tokyo Commodity Exchange (TOCOM) - 1982
- Dubai Multi Commodities Centre (DMCC) - 2005
- Central Office of Precious Metal Control, Berne
- Swiss Association of Manufacturers and Traders in Precious Metals
References
- ↑ "The World's largest Precious Metals Refineries - Inside BullionStar". Inside BullionStar. 2016-08-19. Retrieved 2016-12-03.
- 1 2 "Swiss Gold Refineries and the sale of Valcambi - Ronan Manly". Ronan Manly. 2015-07-31. Retrieved 2016-12-03.
- ↑ "2003 US SEC Form 10-K for Newmont Mining Corporation". Retrieved 2016-12-03.
- 1 2 "Refiners - Gold Current". www.lbma.org.uk. Retrieved 2016-12-03.
- ↑ "Refiners - Silver Current". www.lbma.org.uk. Retrieved 2016-12-03.
- ↑ "Platinum List". www.lppm.com. Retrieved 2016-12-03.
- ↑ "Palladium List". www.lppm.com. Retrieved 2016-12-03.