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Get the free Lbma Responsible Gold and Silver Rand Refinery S 2024 Compliance Report

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This document details the compliance activities of Rand Refinery for the year ending August 31, 2024, in accordance with the LBMA Responsible Gold Guidance and Responsible Silver Guidance, showcasing
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01
Gather required documentation and evidence of sourcing practices.
02
Identify and audit the supply chain from mine to market.
03
Ensure compliance with LBMA Responsible Gold Standard requirements.
04
Complete all necessary forms accurately with supporting information.
05
Submit the completed documentation to the LBMA for approval.

Who needs lbma responsible gold and?

01
Gold refiners seeking to demonstrate responsible sourcing practices.
02
Jewelry manufacturers aiming to meet ethical standards.
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Investors concerned about the ethical implications of their gold purchases.
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Businesses looking to comply with regulatory requirements related to supply chain transparency.
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LBMA Responsible Gold refers to the standards set by the London Bullion Market Association to ensure that gold is sourced responsibly and ethically, minimizing the risk of financing conflict or human rights abuses.
All gold refiners wishing to be accredited by the LBMA must file the LBMA Responsible Gold report to demonstrate compliance with the standards.
To fill out the LBMA Responsible Gold report, refiners must provide detailed documentation related to their supply chains, including the sources of their gold, due diligence processes, and risk assessments.
The purpose of LBMA Responsible Gold is to promote responsible sourcing practices in the gold market and to enhance transparency and accountability throughout the gold supply chain.
Refiners must report information including the sources of gold, compliance with relevant laws and regulations, risk assessment findings, and the due diligence processes employed to ensure responsible sourcing.
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