Indonesian Political, Business & Finance News

Antam in good delivery list

| Source: DJ

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.

View JSON | Print