Welcome to Alchemist 102. This is our annual Conference edition, which this year is being held for the first time in a virtual capacity.

Read the Editorial on page 3 by the Chairman of the Public Affairs Committee, Tom Kendall, to see what topics and speakers we have lined up for this year’s event. Elsewhere, in this edition, we have some interesting feature articles highlighted below, regular news and stories from the world of precious metals as well as some exciting new features.

We hope that you enjoy our latest offering, as well as our new digital layout designed to make the articles easier to read online.

LBMA would like to thank all of our advertisers: