Welcome to issue 115 of the Alchemist, this year’s Conference edition.

What’s in this issue:

Gold and the Path to HQLA Status
by Dr Edel Tully & David Gornall

Dr Edel Tully (Head of Communications, LBMA) and David Gornall (Senior Advisor, LBMA and Chairman June 2011 to July 2014) reveal the latest developments in gold’s path to HQLA status.

Is Silver Merely Gold’s Fair-Weather Friend?
by Rhona O'Connell

Rhona O’Connell (Head of Market Analysis, EMEA and Asia Regions, StoneX Financial Ltd) explores whether silver is merely gold’s fair-weather friend, and how this “capricious” metal behaves in a recession.

Lights, Camera, PAMP!
by Shelly Ford

Take a look behind the scenes at a recent LBMA photoshoot at MKS PAMP’s refinery and mint in Switzerland. The photographs captured the refining of recycled material, casting Good Delivery gold and silver bars, stamping, assaying, and sample taking – as well as laboratory processes and weighing, and more.

The GBI Database and Beyond
by Emmy Richardson

Discover how the GBI database – set to launch next year – is not just a step forward, but the beginning of a fundamental shift.

Also featured in this issue:

The Fountain of Youth & the Treasure Coast

The Floridian coast and its waters are the focus for Simon Rostron (LBMA Consultant) in his article diving into the Fountain of Youth, the Spanish Conquistadors, and how the area became known as the ‘Treasure Coast’.

LBMA Goes to Ghana: Shining a Light on ASM

Find out more about LBMA’s trip to Ghana to explore how to incorporate more ASM material into the global precious metals supply chain.

Editorial: Welcome to Miami!

Don’t miss this issue’s editorial – expertly penned by Suki Cooper (Executive Director, Precious Metals Research, Standard Chartered Bank, and Chair of LBMA’s Public Affairs Committee) and focusing on the Global Precious Metals Conference taking place this week in Miami.


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