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MMTC-PAMP India Pvt Ltd - added to the LBMA’s Silver Good Delivery List

Monday, October 14, 2013

The silver refinery of MMTC-PAMP India Pvt Ltd (MMTC-PAMP) of India has been added
to the LBMA’s Good Delivery List for silver with effect from 14th October, 2013.

MMTC-PAMP has satisfied the LBMA as to its ownership, history, production capability and financial
standing.  It has also passed the LBMA’s exhaustive testing procedures, under which its silver bars
were examined and assayed by independent referees, and its own assaying capabilities were tested.

MMTC-PAMP is located in Mewat, Haryana. Its primary sources of silver feedstocks are silver dore
originating from precious metal mining companies located globally, as well as silver scrap.
MMTC-PAMP’s refined silver output is mainly in the form of 30 kg bars, one kilo bars and silver

The London Good Delivery List of Acceptable Refiners of gold and silver is maintained by the LBMA,
by whom it is copyrighted.  It lists those refineries whose gold and silver bars have been found,
when originally tested, to meet the required standard for acceptability in the London bullion
market. The List now includes 65 gold and 77 silver refiners.

About the London Bullion Market Association
The LBMA is the international trade association that represents the market which is centred in
London but which has a global client base, including the majority of the central banks that hold
gold, private sector investors, mining companies, producers, refiners and fabricators. The current
membership includes 140 companies which are either actively involved in the loco London bullion
market or which provide services to the market, such as supervising and assaying.  The LBMA
undertakes many activities on behalf of its members, including the setting of good delivery and
refining standards, the organisation of conferences and other events, and serving as a point of
contact for the regulatory authorities.

For further information please contact Stewart Murray, Chief Executive, via email at or on Tel. +44 (0)20 7796 3067 or Fax.
+44 (0)20 7283 0030.

Press Release