We note RAID’s article of 9 July 2020 “LBMA Should Suspend Gold Refiner MMTC-PAMP” https://www.raid-uk.org/blog/lbma-should-suspend-gold-refiner-mmtc-pamp and the related references, including the “Submission under the LBMA’s Incident Review of PAMP/MMTC PAMP” https://www.raid-uk.org/sites/default/files/raid_analysis_of_synergy_assessment_north_mara_gold_mine_update.pdf, which raise concerns relating to MMTC-PAMP’s assessment of North Mara Gold Mine (NMGM) which was conducted by Synergy Global Consulting (Synergy). This submission is an initial response to the points raised. Read More
MMTC- PAMP, India’s leading precious metal player and the only LBMA accredited Good Delivery Gold & Silver refiner has announced the appointment of Mr Samit Guha as the Managing Director and Chief Executive Officer of the company. Mr Guha has been associated with MMTC-PAMP for five years as the Chief Finance and Technology Officer (CFTO), later appointed as Interim CEO.
When talking about precious metals, undoubtedly, gold is the most prominent amongst them. However, silver is not too far behind. Primarily, due to its lower cost and higher demand, silver is an investment. It is quickly gaining traction amongst investors across India, whether investing in physical or some form of digital silver like silver coins, bullion or both.
Gold has always had a role in world finance, but not because it's shiny (although it is), but rather because of it's value and stability in an uncertain world. Central banks around the world continue to hold gold today in their foreign reserves. Why? It acts as a shield against inflation, currency fluctuations, and financial uncertainty.
MMTC-PAMP India Private Limited
Rojka-Meo Industrial Estate,
Distt. Nuh,
Haryana – 122103,
India
Ph: +91 124 2868000
CIN - U27100HR2008PTC042218
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info@mmtcpamp.com
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