Newmont and MKS PAMP Partner to Launch Mine-to-Market Traceable Gold Bar
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) and MKS PAMP partner to offer consumers a traceable gold bar exclusively made with Newmont-mined gold, refined and minted by MKS PAMP in Switzerland – powered by Provenance™. The mine-to-market traceable PAMP 1oz Lady of Liberty gold bar is available at the largest U.S. wholesaler, making owning gold an accessible option for wealth building.
“The opportunity for Newmont gold to be accessible, direct to consumers, is a testament to our commitment to promoting gold as a prized commodity worth pursuing and owning. Our commitment to sustainable mining practices and sourcing transparency makes purchasing gold attainable for consumers – even while shopping for household goods,” said Peter Toth, Chief Development Officer, Newmont.
The traceable 1oz Lady of Liberty gold bar leverages the established Provenance™ solution to give consumers greater assurance into the origin of their gold. The solution is pioneered by MKS PAMP and independently audited and certified, assuring complete segregation of the gold throughout the refining and minting process, guaranteeing transparency and full traceability of the gold.
“Our joint collaboration on this project is a crucial steppingstone towards a more unified gold industry where we collectively work together to further strengthen consumer trust and uphold the integrity that drives the demand for responsibly sourced gold,” said Chris Carkner, Global Head of Minting, MKS PAMP.
In recognition of this longstanding partnership between the two companies, the Newmont and MKS PAMP teams worked collaboratively to bring this traceable gold bar to consumers. To craft this one-of-a-kind gold bar, highly skilled minting experts used the most advanced techniques to reimagine this iconic and recognizable figure adorning the gold bar. The PAMP 1oz Lady of Liberty gold bar is sealed within a secured CertiPAMP™ packaging, which acts as a certificate of authenticity and quality excellence.
The decade-long partnership between Newmont and MKS PAMP further marks the launch of their first co-branded traceable gold bar, underpinned by their common values and unwavering sustainability commitments. In addition, Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices.
Last Updated on 3 months by News Desk 1
