The Responsible Jewellery Council certifies Metalor Technologies SA
LONDON, 20 January 2011 - The Responsible Jewellery Council (RJC) today announced that Metalor Technologies SA, one of the oldest and most renowned manufacturers of products for the International Gold Market, is the first refiner in the Council’s membership to be certified against the ethical, human rights, social and environmental standards as established by the RJC’s Certification System.
“The RJC is delighted to congratulate Metalor Technologies SA on becoming its first certified precious metals refiner. The successful verification assessment of Metalor Technologies SA was conducted by Specialized Technology Resources, Inc. (STR), an independent third party auditing firm trained in the RJC’s System,” says Michael Rae, RJC’s Chief Executive Officer.
Metalor is a leading global refiner of precious metals and provides gold to the jewellery industry through its refining and advanced coatings divisions, which are present in Europe, North America and Asia. Metalor maintains a reputation of Swiss precision and excellence across its services, processing and environmental issues. In addition to being ISO 9001 and ISO 14001 accredited, Metalor has been designated as an Official Referee for the London Bullion Market Association since December 2003, for both gold and silver.
“In addition to refining ingots for banks and financial institutions, Metalor provides pure precious metals, alloys and coating solutions to the decorative and electronics industries. Our gold, silver, platinum and palladium bars in varied sizes are all accepted as Good London Delivery (GLD) on the International Precious Metals Market. As an active member of the RJC Council, we are proud to have now become certified on the RJC System. This is a testament to Metalor’s commitment to responsible business practices and we fully support the industry’s ethical advancement. We encourage all RJC Members to follow the path to certification,” says, Scott Morrison, CEO, Metalor Technologies SA.
The Responsible Jewellery Council is an international not-for-profit organisation bringing together more than 260 member companies committed to promoting responsible ethical, human rights, social and environmental practices in a transparent and accountable manner throughout the jewellery industry from mine to retail. Their commitment aims to reinforce consumer and stakeholder confidence in diamond, gold and platinum metals jewellery products. The Council has developed the RJC Member Certification System, a certification system – which will apply to all Members’ businesses that contribute to the diamond, gold and platinum metals jewellery supply chain. All Commercial Members of the RJC are required to be audited by accredited, third party auditors to verify their conformance with the RJC’s Code of Practices and become certified under the RJC Member Certification System. A full list of its Members can be found on the web at www.responsiblejewellery.com
Metalor’s origins date back to 1852 when Martin de Pury & Cie founded the "Preliminary Rolling Factory" at Le Locle, Switzerland, which specialized in the melting of gold and the manufacture of watch cases. Between 1864 and 1998, Metalor was owned within Swiss banks, and in 1998 SBC sold Metalor to a group of private investors. Metalor’s current majority shareholder is Astorg Partners, a Paris based private equity fund. In 2001 the group became “Metalor Technologies” and now comprises three divisions: refining, advanced coatings and electrotechnics. The group has some 1700 employees located in 23 plants in Europe, Asia and the Americas.
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