About PAMPTRUST IS PRECIOUS

  • PAMP is the world’s leading bullion brand, with dominant positions in the world’s major precious metals markets. Established in 1977 and based in Ticino, Switzerland, PAMP operates a state-of-the-art precious metals refinery and fabrication facility.

    Physical production and logistics capabilities include:

    • A complete range of precious metals bars, of all shapes, weights, purities and sizes (Gold, Silver and Platinum Group Metals (PGM)
    • Semi-finished precious metals products such as wire, plate, strip, and rods for the watch and jewellery industries
    • Customised precious metals coins, blanks and bullion bars for banks, financial institutions, governments and state mints worldwide
    • Development and production of proprietary, syndicated and customised commemorative coin and medal programs
    • Refining of both primary and secondary precious metals-bearing material to the highest purity standards
    • Allocated and Unallocated storage facilities for major customers
    • Bullion Module: Implementation and support of a full IT solution for the automated retailing of PAMP’s complete product range, in particular, bullion

    PAMP is an integral part of the MKS PAMP GROUP and, as such, operates closely with MKS (Switzerland) S.A., a leading, global precious metals and financial services company based in Geneva. With more than 50-years of trading expertise to support it, MKS (Switzerland) S.A. covers all financial and trading aspects of precious metals primarily for institutional investors. The MKS PAMP GROUP’s global reach, vertical integration and market specialisation enable it to service its clients with unparalleled market-flow information.

    Services include:

    • 24/24 Precious Metals Pricing
    • Physical Trading
    • Unallocated Margin Trading
    • Location and Purity Swaps
    • Options and Hedging Strategies
    • Web-Based Trading Application (WTA)
    • Web-Based Tracking and Reporting Systems
    • Detailed Daily Market Reports

    The MKS PAMP GROUP has a diverse client base that spans the full spectrum of precious metals markets:

    • Central Banks
    • Retail & Commercial Banks
    • Government Mints
    • Mining Companies
    • Jewellery & Watch Manufacturers
    • Jewellery Wholesalers
    • Asset Management & Trading Companies
    • CTAs and Private Investors
    • Bullion Retailers
    • Direct Marketers
    • National Postal Authorities

    Thus, the MKS PAMP GROUP enjoys a unique position within precious metals markets via its broad array of services and expertise:

    • Creates value with unique turnkey solutions
    • A strong and stable partner through the most challenging market conditions
    • Possesses a unique market intelligence deriving from its global network
    • Highly specialised with a long term commitment to the precious metals industry
  • Throughout its history, PAMP has led the industry forward by introducing many breakthrough products and services. Indeed, many PAMP innovations have become industry best practices.

    As a result of those efforts PAMP has maintained a market share in excess of 50% of gold bars weighing 100-grams or less over the past two decades.

    PAMP’s design innovations include:

    • First precious metals fabricator to decorate the reverse of its small bars: PAMP’s Lady Fortuna is today the world’s most famous ingot motif
    • First to offer bales (or hangers) for pendant wear
    • First to introduce sealed packaging for small bars: Acting as both an airtight environment to protect the bar within, and as a signed certificate of authenticity, CertiPAMP™ packaging is a guarantee of genuine PAMP bars and quality excellence
    • CertiPAMP™ was the first packaging available to industry clients for custom-design
    • First to develop engineering for the colorisation of bars and pendants

    Security innovations

    • PAMP originally set industry best practice for bar security with its patented process for incorporating holographic features within precious metals, as an anti-counterfeit measure
  • Via the MKS PAMP GROUP’s global office network, PAMP offers its clientele a complete production and delivery service. PAMP’s advanced in-house systems efficiently and securely manage stock orders, international logistics, metal hedging and account services, 24/7.

  • Good Delivery accreditation is the standard for precious metals. It measures product standards as well as industry and market practices. Recognising only the most reputable assayers and refiners, nothing less is acceptable.

    PAMP products are accredited as ‘Good Delivery’ by:

    • London Bullion Market Association (LBMA)
    • London Platinum and Palladium Market (LPPM)
    • Swiss National Bank (SNB)
    • The leading futures markets: TOCOM, COMEX/NYMEX
    • Dubai Multi Commodities Centre (DMCC)
    • Shanghai Gold Exchange (SGE)

    PAMP is an Approved Brand of the CME Group (Chicago Mercantile Exchange) for the contracts of gold, silver, platinum and palladium

    PAMP is one of only three refineries worldwide designated as ‘Referee’ by both the LBMA and the LPPM

    Official MKS PAMP GROUP market memberships:

    • LBMA: Ordinary member
    • LPPM: Associate member
    • TOCOM: Associate member
    • COMEX/NYMEX & CME: Non-clearing member
    • Dubai Multi Commodities Centre (DMCC)

    PAMP is the only refinery in Switzerland to simultaneously hold ISO 9001, ISO 14001 ,ISO 17025 ,OHSAS 18001 and SA 8000 accreditations

    PAMP S.A. is supervised by the FINMA for compliance with Swiss Money Laundering Legislation

  • PAMP, from its inception, has strived to maintain harmonious relationships with its surrounding environment, regional communities and with the world-at-large. PAMP honours this commitment by not only meeting regulatory requirements, but also by routinely exceeding them.

    Disciplined and responsibly managed, all factory processes perform to the exacting standards of Swiss environmental regulations, among the most stringent in the world.

    PAMP actively supports and leads the industry’s ethical advancement. The Responsible Jewellery Council (RJC) has certified PAMP as meeting the ethical, human rights, social and environmental standards as established by the RJC’s Certification System.

    For full details of PAMP’s sustainability performance please download the most recent Social and Environmental Responsibility Report

  • Standards Definition and Implementation Initiatives

    PAMP forges the template industry-wide for responsible precious metals supply chain practices

    As a vital company within the MKS PAMP GROUP, PAMP plays a leading role in the formulation and implementation of responsible precious metals supply chain practices throughout the industry.

    PAMP has consistently made accountability to its position within the precious metals supply chain a top priority. Routinely exceeding industry and government regulations, PAMP rigorously monitors its suppliers, regardless of industrial purpose, to ensure that each supplier meets stringent criteria of impeccable ethics and business practices, including financial conduct,  safety of employees within the workplace or in the field, and minimizing its impact on the environment.  In the case of Artisanal and Small scale Mining (ASM), PAMP takes the extra step to support mines with limited resources and willing to progress towards an improved social and environmental impact.  That PAMP undertakes such measures is evidence not only of its commitment to upholding its global reputation, but also, and most significantly, because doing so is the right thing to do. And it is for those reasons that regulatory bodies worldwide consistently seek the expertise of PAMP, above all others, when implementing and maintaining regulatory statutes.

    PAMP has played a leading role in the definition of the various standards developed for its industry as well as for upstream and downstream industries. Namely, PAMP played a major role in the formulation of:

    PAMP is also committed to the implementation of responsible supply of precious metals practices through its leading role in a number of implementation initiatives:

    • OECD Guidance : PAMP is an active member of the Multi Stakeholders Steering Group for the implementation of OECD Due Diligence Guidance  as well as different working groups established by the OECD Secretariat to facilitate the implementation of the Guidance
    • LBMA : PAMP plays a leading role in the evolution of the Responsible Gold Guidance as well as the development of best practices for its implementation
    • Swiss Better Gold Association (SBGA) : PAMP  co-founded this association in April 2013 and actively supports its goal to provide Artisanal Small and Medium Scale Miners (ASMM) better working conditions, as well as more effective and improved environmental policies
    • Public & Private Alliance for Responsible Mineral Trade (PPA) : PAMP joined the PPA in 2013. PAMP plays a definitive role in the transference of PPA successes in other minerals to conflict free, legitimate and responsible gold trade with the Democratic Republic of Congo

     

    Group Policy and Compliance

    The MKS PAMP GROUP has issued its Responsible Precious Metals Group Policy, which sets our commitments for responsible supply chain ethics.

    Along with many principal international accreditations, PAMP’s prestigious status as an Ordinary Member of the LBMA is further evidence of its long-term commitment to full compliance with ethics regulations and guidelines required within the industry worldwide.

    In 2015 the LBMA awarded PAMP the Responsible Gold Certificate, making PAMP the first refinery to pass the stringent auditing process. The audit and certification are the result of the LMBA's Responsible Gold Guidance initiative, implemented to avoid contributing to conflict, human rights abuses, terrorist financing practices, and in order to comply with high standards of anti-money laundering.

    PAMP was the first Swiss Refinery to pass the LBMA Responsible Gold Audit. Both the PAMP Independent Reasonable Assurance Report and the PAMP LBMA Compliance Report, are available for download by clicking on the following links:

    PAMP independent assurance report, 2015
    PAMP independent assurance report, 2014 
    PAMP independent assurance report, 2013 
    PAMP independent assurance report, 2012
    PAMP LBMA Compliance Report, 2012
    Code of Ethics
    Remediation Procedure