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Article

2 Oct 2015

Author:
Valcambi (Switzerland)

Valcambi is engaging external advisors and involving NGOs to enhance its own Due Diligence process

Valcambi has established a plan to enhance the Due Diligence process, with special regard to the smaller mines. To achieve this target, Valcambi is engaging experienced and reputed advisors and involving NGOs, with the purpose of improving the client onboarding steps and further develop its responsible sourcing strategy. With respect to the incorrect accusations of failing to investigate the origin of gold and infringing international standards and its own policy, Valcambi confirms to have performed all the activities required by the law, the international standards and to have all the evidences to prove its correct behavior. The internal review confirmed that accuses are false and unsubstantiated, and an external review will be performed for a further validation and enhancement of the existing process. In accordance to its continuous improvement mission, Valcambi will invest on internal and external resources to achieve this ambitious target, to further increase its leadership in gold refining. 

Valcambi sa

Part of the following timelines

Valcambi "purchases gold extracted by children" in Burkina Faso, smuggled via Togo, says Berne Declaration - company responds

Valcambi achète de l'or extrait au Burkina Faso et trafiqué via le Togo, affirme la Déclaration de Berne; l'entreprise répond

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