01/07/2015 The LBMA announces that it has agreed with the Shanghai Gold Exchange (SGE) to mutually recognise a standard for 9999 gold kilobars. The kilobar standard focuses on the fineness of the gold and allows for the inclusion of all existing refiners current production, including all SGE and LBMA accredited refiners. For more information including […]
LME – ANNOUNCE WAREHOUSE CONSULTATION
01/07/2015 The LME announces a market-wide consultation in respect of proposed amendments to its Policy on the Approval and Operation of Warehouses following on from the Discussion Paper relating to possible reforms of warehousing policy and physical delivery network released on 2 March 2015 (Notice 15/072 : A071 : W025). For more information, please go […]
SHFE – NICKEL BRANDS APPROVAL – NORILSK
29/06/2015 SHFE approved NORILSK COMBINE H-1, SEVERONICKEL COMBINE H-1 and SEVERONICKEL COMBINE H-1Y electrolytic nickel brands, produced by PJSC MMC Norilsk Nickel for Good Delivery with immediate effect. For more information, please see:- www.shfe.com.cn
CME GROUP – NYMEX Rulebook Chapter 7 Amendments
15/06/15 CME Group announce amendments to Chapter 7 of its NYMEX Rulebook. These changes are applicable to its approved warehouses and depositories and are in connection with the listing of the Exchange’s physically-delivered Zinc Futures Contract which becomes effective on 28/06/15. Please see:- For Chapter 7:- http://www.cmegroup.com For Zinc Futures Contract:- http://www.cmegroup.com
LBMA – Gold Good Delivery List Approval – Daye Nonferrous Metals
On 09/06/15, The London Bullion Market Association (LBMA) approve the addition of Daye Nonferrous Metals Co. Ltd’s gold refinery to its Good Delivery list for Gold Bars. Please see:- http://www.lbma.org.uk
LME Warehousing – Location Capacity Data
The LME introduce a new monthly report detailing the total storage capacity for each of its approved Good Delivery Locations. Please go to:- http://www.lme.com
CME GROUP – COPPER BRAND APPROVAL – CER
04/04/2015 CME Group has approved the CER copper brand, produced by Mexicana de Cobre S.A. de C.V. for Good Delivery with immediate effect . Its annual plant production capacity is 300,000m.t. per annum. For more information, please see:- http://www.cmegroup.com
CME Group – Gold and Silver Brand Name Change – OPM
On 1 June 2015, The Chicago Mercantile Exchange (CME) announced that it had approved, with immediate effect, Ohio Precious Metals, LLC’s:- i) change of company name to Elemetal Refining LLC. ii) change of bar marking. Its new bars will bear the marking:- Elemetal Refining and Jackson in a circle with a stylized E and M […]
02/06/2015 – LME Copper Brand Application
The London Metal Exchange (LME) announces that Codelco has applied to register its Grade A Copper Cathode brand, GABY, produced from its Gabriela Mistral Mine, Sierra Gorda II Region, Chile. Its annual plant production capacity is 120,000m.t. per annum. For more information, please see:- http://www.lme.com
15/05/2015 LME Copper Brand Application
The London Metal Exchange (LME) announces that JSC MMC Norilsk Nickel has applied to register its Grade A Copper Cathode brand, NORILSK, produced at its refinery located in Norilsk, Krasnoyarsk, Russia. Its annual plant production capacity is 300,000m.t per annum. Please see:- http://www.lme.com