Republic Metals Corporation Achieves LBMA Good Delivery for Silver
MIAMI, Aug. 12, 2014 /CNW/ -- Republic Metals Corporation (Republic Metals) is proud to announce the addition of the Republic Metals brand to the London Bullion Market Association (LBMA) Good Delivery list for Silver effective August 12, 2014.
"Republic Metals is proud to have received silver brand registration with the LBMA. I am honored to lead such a determined team of professionals. Our founder and my father, Richard Rubin, had a dream to build the most advanced and state-of-the-art silver refining circuit. Achieving LBMA silver good delivery status is validation that we are fulfilling his dream," says Jason Rubin, President and CEO of Republic Metals.
News of this esteemed recognition comes in the midst of an exciting and active year for Republic Metals after having received accreditations from the LBMA (gold), as well as the Chicago Mercantile Exchange (silver).
Headquartered in Miami, Republic Metals was established in 1980 and has since grown to become one of the largest and most respected primary precious metals refineries in the world. Throughout its history, Republic has displayed excellence in precious metals refining and has done so in a manner that is considered environmentally friendly, as demonstrated through its long time ISO14001 registration. Republic Metals is a designated "Responsible Gold Party" by the LBMA. All business conducted by Republic is performed in accordance with its stringent Patriot Act compliance and supply chain policies.
About the LBMA
"The LBMA is an international trade association, representing the London market for gold and silver bullion which has a global client base. This includes the majority of the gold-holding central banks, private sector investors, mining companies, producers, refiners and fabricators."1
"The LBMA produces Good Delivery Lists for gold and silver bars; detailing the names of accredited refiners, their listing date and the marking details of their bars. Because of the stringent assaying and bar quality criteria that applicants must satisfy to attain accreditation, the Lists are universally recognised as the de facto standard for the quality of gold and silver bars."1
1. "The London Bullion Market Association." LBMA. Web. 08 Aug. 2014.
SOURCE Republic Metals Corporation