Anyang Yubei Gold and Lead Co., Ltd - added to the LBMA’s Silver Good Delivery List
Thursday, May 23, 2013
The silver refinery of Anyang Yubei Gold and Lead Co., Ltd (Anyang Yubei) of China has
been added to the LBMA’s Good Delivery List for silver with effect from 24th May, 2013.
Anyang Yubei 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
Anyang Yubei is located in Anyang City, Henan Province. Its primary sources of silver feedstocks
are anode slimes recovered from its lead electrolysis production operations. Anyang Yubei’s refined
silver output is mainly in the form of bars for investment, jewellery or other industrial purposes.
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 75 silver refiners. China has 17 accredited Good Delivery
silver refiners making it the country with the highest concentration worldwide.
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
email@example.com or on Tel. +44 (0)20 7796 3067 or Fax.
+44 (0)20 7283 0030.