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Newmont partners with MKS PAMP to launch traceable gold bars in U.S.

21 october 2024

Newmont Corporation has entered into partnership with Switzerland’s MKS PAMP to offer consumers a traceable gold bars at a U.S. wholesaler.

The traceable 1oz Lady of Liberty gold bar leverages the established Provenance solution to give consumers greater assurance into the origin of their gold. The solution is pioneered by MKS PAMP and independently audited and certified, assuring complete segregation of the gold throughout the refining and minting process, guaranteeing transparency and full traceability of the gold.

The PAMP 1oz Lady of Liberty gold bar is sealed within a secured CertiPAMP packaging, which acts as a certificate of authenticity and quality excellence.

“The opportunity for Newmont gold to be accessible, direct to consumers, is a testament to our commitment to promoting gold as a prized commodity worth pursuing and owning. Our commitment to sustainable mining practices and sourcing transparency makes purchasing gold attainable for consumers – even while shopping for household goods,” said Peter Toth, Chief Development Officer at Newmont.

“The decade-long partnership between Newmont and MKS PAMP further marks the launch of their first co-branded traceable gold bar, underpinned by their common values and unwavering sustainability commitments,” the press-service of the world’s leading gold miner added.

The companies didn’t disclose which wholesaler would distribute the new gold bars in the U.S. market.

Theodor Lisovoy, Managing Editor, Rough&Polished