The refinery Portovesme s.r.l. of Italy has been added to the LBMA’s Good Delivery List for silver with effect from 23 November 2020.
Portovesme s.r.l. 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.
Portovesme s.r.l. is located in San Gavino Monreale, Italy. Its primary sources of feedstock is a silver by-product from their lead smelting process.
Background
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 70 gold and 84 silver refiners.