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RESPONSIBLE SOURCING

It is the mission of RMC to maintain high standards of ethical conduct at all times. RMC follows all national and international laws applicable to its business. All employees are required to follow its internal policies and procedures regarding ethics, compliance and the supply chain. Senior management through dissemination of written policies and direct training sessions ensures that all employees are aware of their responsibilities in upholding the firm’s standard of conduct. RMC is selective in choosing its suppliers of responsible gold and responsible silver and strives to ensure that all suppliers’ materials are conflict free and that our suppliers are compliant with all applicable laws on local, state, and federal levels in the US and abroad.

 

Our Sourcing Model

Republic Metals works with publicly traded and household private mining names to ensure a supply chain that is traceable directly back to its point of extraction from the ground.

 

It is this sourcing model that has helped propel Republic to become the premier supplier of precious metals for the most major industrial and jewelry manufacturers because of the security and transparency afforded to these clients to select their origin of choice for the precious metals they consume.

 

LBMA Responsible Gold Guidance

“The LBMA Responsible Gold Guidance (v7) consolidates and formalises pre-existing high standards of refiners’ due diligence. The Guidance is based on the OECD Due Diligence Guidance as well as Swiss and US KYC, Anti-Money Laundering and Combatting Terrorist Financing regulations.”1 RMC has undergone an independent Assessment Audit by UL, and was found to meet the rigorous requirements as set forth by the LBMA Responsible Gold Guidance program. Click here to view a copy of our LBMA Responsible Gold Guidance Summary Assessment report.

 

Click here to view our Responsible Gold Guidance Certification.

 

LBMA Responsible Silver Guidance

“The LBMA Responsible Silver Guidance consolidates and formalises pre-existing high standards of refiners’ due diligence. To minimise the additional resources required by refiners who produce both gold and silver GDL bars the silver guidance is aligned with the existing LBMA Responsible Gold Guidance facilitating the concept of multi-metal audits. The introduction of the new RSG aligns the requirements for both gold and silver GDL refiners adding a further layer of credibility to the GDL system.”1 RMC has undergone an independent Assessment Audit by UL, and was found to meet the rigorous requirements as set forth by the LBMA Responsible Silver Guidance program. Click here to view a copy of our LBMA Responsible Silver Guidance Summary Assessment report.

 

Click here to view our Responsible Silver Guidance Certification.

 

Supply Chain Policy

RMC has adopted an internal Supply Chain Policy to ensure that material received from its suppliers is not from Conflict-Affected and High- Risk Areas.

 

Click here to view our Supply Chain Policy Statement.

 

 

*For any questions or concerns regarding our supply chain policy, please email us at supply.chain@republicmetalscorp.com.

  1. http://www.lbma.org.uk/responsible-sourcing

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