Argor-Heraeus Signs MoU with the Bank of Mongolia to Advance Responsible Gold Sourcing

Argor-Heraeus has signed a Memorandum of Understanding (MoU) with the Bank of Mongolia and the Swiss Better Gold Association to support the responsible sourcing of gold from artisanal and small-scale miners (ASM) in Mongolia.

Under the Memorandum of Understanding, the parties will cooperate in supplying gold mined by artisanal and small-scale miners in Mongolia to international jewelry companies as raw materials. This will demonstrate that the gold mining and supply chain in Mongolia is transparent and reliable. Gold miners will also be given incentives for each kilogram of gold they deliver.

This agreement marks a major step in Argor-Heraeus’ long-term commitment to building a transparent and certified supply chain for gold produced by artisanal and small-scale miners in Mongolia. As a leading precious metals refinery, Argor-Heraeus is proud to support this initiative, which will bring responsibly sourced Mongolian gold to international luxury and financial markets.

More information can be found here.