Antam in good delivery list

Antam in good delivery list

LONDON (Dow Jones): The London Bullion Market Association has added two new names to its London Good Delivery List for gold and silver, the LBMA said in a statement Thursday.

The LBMA said from Jan. 1, Indonesian-based PT Aneka Tambang and the China-based Zhuzhu Smelter have been added to the list to deliver refined gold and silver respectively.

The LBMA's Good Delivery List contains those refineries whose gold and silver bars have been found to meet the required standard for acceptability in the London bullion market.

Both refineries are said to have met the LBMA's quantitative criteria of minimum production levels of 10 metric tons an annum for gold and 30 tons for silver.

Aneka Tambang is the first company to join the list from Indonesia and is a state-owned public limited company with refining operations based in Jakarta.