Malabar Gold & Diamonds reaffirms its commitment to ethical sourcing; Procures 100% traceable ‘RandPure’ Gold from Rand Refinery, South Africa
One of the most significant challenges confronting the gold and diamond industry is the assurance of complete adherence to ethical and sustainable sourcing. Accredited by the London Bullion Market Association (LBMA), Rand Refinery is one of the world’s leading gold and silver refiners and the only referee status Refiner in the southern hemisphere, making significant contributions towards setting industry standards with their 100% traceable and certified ‘RandPure’ Gold. Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 335 showrooms across 13 countries, has partnered with Rand Refinery, to procure ‘RandPure’ gold, positioning itself once again as a major proponent of responsible business practices in the jewellery trade.
Mr. Shamlal Ahamed, MD – International Operations of Malabar Gold & Diamonds, received the first shipment of RandPure gold from Rand Refinery CEO Mr. Praveen Baijnath, in the presence of Rand Refinery CFO, Mr. Dean Subramanian and other senior officials from Malabar Gold & Diamonds.
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