Maybe the LBMA Will Eventually lobby To Outlaw Mercury And Cyanide As Well

Originally posted by Ozark
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Beginning January 1, 2012, all listed LBMA Good Delivery Gold Refiners will be required to comply with the LBMA’s new Responsible Gold Guidance, says the London Bullion Metals Association.
This new guidance is aimed at fighting serious abuses of human rights, avoiding contributing to conflict, to comply with high standards of anti-money laundering and to combat terrorist financing, the company says.

“The LBMA’s new requirements will strengthen and enhance Good Deliver refiners’ existing high standards of supply chain regulation, corporate responsibility and anti-money laundering programs,” says Stewart Murray, chief executive of the LBMA. “The LBMA Guidance will give clients further confidence that gold produced by LBMA Good Deliver Refiners is conflict free.”

Good Delivery listed refiners were sent a copy of the new guidance draft in September and will be consulted by the LBMA before a final version is issued. The final version will take into account rules announced by the SEC as well as the OECD guidance on gold supply chains, the LBMA says.

“The LBMA is taking this leading role in supply chain regulation in order to support the work of the OECD as well as its refiners,” says David Gornall, chairman of LBMA. “The LBMA is ideally placed to oversee the implementation and adherence to these requirements due to its unique relationship with international gold refiners thanks to the LBMA Good Delivery accreditation system.”

The LBMA Good Delivery List is consists of leading global gold and silver refiners which are required to meet the LBMA’s accreditation standards.
http://www.kitco.com/reports/KitcoNews20111021AL_lbma.html