News

Apr 2017

Paytm, India’s largest mobile payment & commerce platform, has partnered with MMTC-PAMP, an MKS PAMP GROUP company, to launch Digital Gold. Digital Gold enables users to buy, store, sell and resell pure gold online instantly, as well as get it delivered to their home in the form of minted coins.Speaking on the launch, Vijay Shekhar Sharma, Founder & CEO – Paytm said, “Gold is the preferred form of investment for Indians, and we are making it easier for our users to...

Mar 2017

Swiss-based gold trader MKS (Switzerland) SA has picked up first-place rankings from the Shanghai Gold Exchange (SGE), having been named the top gold trader and best international performer on the Chinese gold market in 2016.The names of the best international traders on the Chinese gold market last year were announced on Monday in Shanghai, during a ceremony held at the Bund Hotel that brought together influential players from Asian financial markets.MKS won twice in the Shanghai Gold...

Aug 2016

MMTC-PAMP India Pvt. Ltd. once again received the Best Refinery Award 2015-16 at the India International Gold Convention held at Agra from 11th to 14th August. The award recognizes our stellar contribution in attaining global standards for the Indian refining sector.The IIGC is an apt platform for the bullion industry to deliberate on various challenges facing the industry. The event brought out all these current issues in the form of presentations, round table discussions, panel...

Apr 2016

On April 19th 2016, a year and half after its birth in September 2014, Shanghai Gold Exchange (SGE) introduced the first yuan-denominated gold benchmark price in the world. MKS (Switzerland) SA took part in the benchmark as reference price member.Pan Gongsheng, Deputy Governor of the People’s Bank of China, Zhao Wen, Vice Mayor of Shanghai Municipal Government and over 300 delegates from World Gold Council, The Silver Institute, World Platinum Investment Council, major domestic and...

Apr 2016

On the 19th of April 2016, the SGE held the “China Gold Market Summit Forum 2016”. This forum aimed at strengthening the integration and healthy development of global gold markets, and further promoting the internationalization of China’s gold market. Marwan Shakarchi, Chairman of the MKS PAMP GROUP, recently appointed as an international consultant to the SGE, was part of a panel of attendees.Intervewed by Thomson Reuters, Marwan explains that "China does things in...

Jan 2016

MMTC-PAMP laboratory receives accreditation for ISO 17025:2005 from National Accreditation Board for Testing and Calibration Laboratories (NABL), Government of India. This prestigious technical accreditation is awarded after a stringent independant evaluation of the technical ability of the laboratory and of its competency. MMTC-PAMP becomes the only refiner in India to hold simultaneously LBMA as well as NABL certification.

Nov 2015

MMTC-PAMP received a special award from The Royal Mint at the 2015 Annual Supplier Awards. The prestigious annual event recognises excellence in supplier contribution and highlights the involvement of individuals and companies across the globe. As part of The Royal Mint's 'Supplier Development Programme', the ceremony celebrates suppliers 'who have contributed to helping The Royal Mint build a robust Supply Chain infrastructure for the future'.Read the press release

Oct 2015

For the third consecutive  time, MMTC- PAMP received the coveted recognition of “Bullion Refiner of the Year”. The award is a recognition of the contribution by the company in attaining global standards for the Indian refining industry. MMTC-PAMP is playing a  pivotal role in transforming precious metals refining in India, key to  positioning India at the heart of the international bullion markets. 

Jun 2015

In June 2015, HRW released a report on Child Labour and Corporate Responsibility in Ghana’s artisanal Gold mines, highlighting the power held by gold refiners in the supply chain to help promote strong standards and eradicate child labour in gold mining. PAMP’s robust due diligence process and thorough checks on its supply chain were cited as an example for the industry in this report. Read the full Human Rights Watch report

Jan 2015

The winner of London Bullion Market Association’s 2014 Precious Metals Forecast is the analyst who predicts the average, high and low price for the year ahead in each metal as accurately as possible. MKS Switzerland SA’s Frederic Panizzutti won the Gold competition with a forecast of $1,262/oz against the actual 2014 average of $1,267/oz. Read the article

Sep 2014

The launch ceremony of the Shanghai Gold Exchange International Board was held on the evening of September 18. At the ceremony, the first transactions of the International Board were concluded by MKS (Switzerland) SA, HSBC, BOC, ICBC and BOCOM, marking a substantial step forward in China’s opening of the gold market. Read the official SGE press release Watch the Youtube

May 2014

The Gold Refinery of MMTC-PAMP India Pvt. Ltd. (MMTC-PAMP India) was added to the LBMA's Good Delivery List for Gold with effect from May 16 2014. Simultaneously, LBMA awarded its “Responsible Gold Certificate”, certifying the Company’s compliance with the LBMA Responsible Gold Guidance.These certifications follow the accreditation of the Company in October 2013 by the London Bullion Market Association as a Good Delivery Silver Refiner. Read the article

Apr 2014

The Royal Mint recognised PAMP SA for outstanding achievement during its 2014 Annual Supplier Awards. The event on October 9 featured 10 awards that were given to highlight exceptional achievement among The Royal Mint's more than 1,000 suppliers. PAMP was awarded the Supplier Achievement Award in recognition of the company's recent SA8000 certification. This past year, PAMP became the first precious metals refinery in the world to obtain the SA8000 certification, which sets an...

Feb 2013

In February 2013, a new partnership between the Royal Mint and MMTC-PAMP India was announced. For the first time in nearly a century, Gold Sovereign coins were reintroduced into India. These commemorative Sovereigns, struck in India by MMTC-PAMP using tools and techniques developed by The Royal Mint in South Wales, UK, are uniquely available to the Indian market and carry the special mint mark “I” to show that they have been manufactured there. Read the press release