Gold bars of Kara-Balta refinery meet international standards. This is confirmed by a special LBMA certificate issued to the enterprise.
As the press service of Kyrgyzaltyn OJSC reported, the refining plant has successfully passed certification according to LBMA standards (London Bullion Market Association). The document confirms that, since 2016, the production at the refinery has been fully in line with the organization’s guidelines for responsible gold suppliers.
This set of rules is designed to combat systematic and widespread violations of human rights, prevent the promotion of conflicts, compliance with high standards of practices to combat money laundering and the financing of terrorism.
Having confirmed the right to be on the list of reliable LBMA suppliers (LBMA good delivery list), Kyrgyzstan has become one of the world’s best producers of refined gold.
“Adherence to LBMA standards improves the process of concluding deals with partners that manufacture Dore alloy. All our partners have confirmed that they are not involved in the financing of terrorism, corruption and the provision of false data about the origin of gold. The availability of the LBMA certificate guarantees the high quality of the products produced at the refinery — a gold sample of 999.9,” Kyrgyzaltyn commented. (24.kg/Ukrainian metal)