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Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

Swiss refiners caught in gold rush

Posted on 22 December 2008

From Theglobeandmail.com: Though Switzerland is not a gold miner, it is home to some of the world’s largest refineries, which process an estimated 40 per cent of all newly mined gold.

Argor-Heraeus is part-owned by the Austrian Mint and a subsidiary of Germany’s Commerzbank AG. Commercial and central banks are its chief customers and it says it processes some 350 to 400 tonnes of gold and 350 tonnes of silver per year….. Full Article: Source


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