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Rand Refinery, located in Hermiston, South Africa, demonstrates compliance with LIMA Responsible Gold and Silver Guidance for the year ending August 31, 2023.
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What is lbma responsible gold and?
LBMA Responsible Gold refers to a set of standards established by the London Bullion Market Association to ensure that gold is sourced responsibly and ethically, preventing human rights abuses and environmental harm in the supply chain.
Who is required to file lbma responsible gold and?
Entities involved in the gold supply chain, including refiners, trading companies, and producers that handle gold and wish to be LBMA accredited, are required to file LBMA Responsible Gold reports.
How to fill out lbma responsible gold and?
To fill out the LBMA Responsible Gold report, entities must provide detailed information regarding their sourcing practices, risk assessments, and due diligence processes, complying with the LBMA's guidelines.
What is the purpose of lbma responsible gold and?
The purpose of LBMA Responsible Gold is to promote responsible sourcing practices in the gold market, enhance transparency, and ensure that gold is procured in a manner consistent with ethical standards and regulations.
What information must be reported on lbma responsible gold and?
Reports must include information about the supply chain, risk assessments, details on the countries of origin, and measures taken to mitigate risks associated with human rights violations and environmental impacts.
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