News

London – 19th January 2024 -  MKS PAMP GROUP, a leading precious metals group is pleased to announce the appointment of Andre Cronje as Group Chief Operation Officer, a newly created role to oversee operations across the Group’s 17 worldwide locations. His appointment is effective since 8th January. Andre joins MKS PAMP GROUP with over 20 years’ leadership experience in financial services. He is a highly respected leader, having previously served as Chief Operation Officer at UBS Invest...

MMTC-PAMP has set science-based targets consistent with limiting climate warming to 1.5°C To reduce absolute scope 1 and 2 GHG emissions 47% by FY 2029/2030 from a FY 2018/2019 base year MMTC-PAMP has already implemented 705 kWp of solar energy panels, actively contributing to decarbonization and minimizing its carbon footprint New Delhi, 19th December, 2023: MMTC-PAMP, India's only London Bullion Market Association (LBMA) Good Delivery gold & silver refinery, reinforces its comm...

London – 6th September 2023 – MKS PAMP GROUP, a global industrial and financial services group specialising in precious metals has made a strategic investment in APMEX, a leading online precious metals retailer. This investment aims to strengthen the group’s capabilities and leverage their collective expertise and resources to best serve their customers with cutting-edge products and services. Both MKS PAMP GROUP and APMEX have long been rooted in common principles of integrity, innovation a...

Geneva – May 18th, 2022 – MKS PAMP, a provider of financial and physical trading services, and state-of-the-art precious metals refinery, announced that it is the first precious metals company in the world to have SBTi approved carbon emissions reduction targets, committing to a 1.5°C emissions reduction in line with the Paris Agreement. “This announcement is a pivotal time for MKS PAMP, which builds on our long heritage as a leading sustainable precious metals company. As we join over one th...

Geneva – March 17th, 2022 – MKS PAMP, a provider of financial & physical trading services and state-of-the-art precious metals refinery is thrilled to announce the appointment of Joseph Stefans as Member of the LPPM Management Committee, effective February 2022. Joseph Stefans was previously appointed as Member of the LPPM Management Committee from 2016-2019. In his role, and alongside fellow members of the Management Committee, he oversees the LPPM Good Delivery Rules for Refiners, as we...

We are delighted to present PAMP’s 2021 Sustainability report, which covers their activities for the 2020-2021 period.  “As we continue to pave the way towards greater sustainability, we have and always will promote responsible practices and quality products for today’s and tomorrow’s generations. With the integrity, commitment and determination of our unified teams, we continue to strive to meet the highest environmental, safety and social standards throughout our supply chain.  ...

GENEVA – 3rd November 2021 – DE PURY PICTET TURRETTINI ("PPT"), a leading fund manager based in Geneva and Zurich and a pioneer in sustainable investment, and the MKS PAMP Group, a global leader in the precious metals industry operating one of the largest gold refineries based in Switzerland and a major player in responsible gold sourcing, have joined forces to launch a fund investing in physical impact gold. Authorized by FINMA and with a starting capital of CHF 30 million, the Sw...

We are delighted to present PAMP’s 2020 Sustainability report, which covers their activities for the 2019-2020 period. The year 2020 was a global crisis like no other, that extended across borders, affecting families, governments & industries across the world. It essentially changed our everyday life, our interactions, and reinforced the importance of Environmental, Social and Governance (ESG).  Read more: PAMP - Sustainability Report 2020 For further questions relating to the Sus...

NEW YORK – June 21st, 2021 – Manfra, Tordella & Brookes (MTB), part of the MKS PAMP GROUP and one of the most trusted names in precious metals, announces the appointment of Aldo Goncalves as Director of Precious Metals Trading. Aldo joins MTB from Asahi Americas where he held the role of Global Sales Manager and brings over 10 years of physical precious metals trading experience. During his tenure, he rapidly strengthened their market positioning by leveraging the strengths of the refine...

GENEVA – June 8th, 2021 – MKS (Switzerland), a market leader in precious metals and part of the MKS PAMP GROUP announces the appointment of Felix Cloke as Head of eTrading Services. Felix brings over 10 years of experience in a range of financial products specializing in precious metals and foreign exchange. Felix was previously Institutional Electronic Trading Business Development at Swissquote Bank where he built a diversified client portfolio whilst developing their institutional offering....

AMSTERDAM – June 1st, 2021 – MKS PAMP GROUP, a leading precious metals group today announces the appointment of Nicky Shiels as Group Head of Metals Strategy. Nicky Shiels has worked in the financial industry since 2007 as a commodities desk strategist where she gained invaluable expertise in the precious and base metals markets. During her tenure at a leading North American financial institution, Nicky established and grew their metals strategy platform through the composition of topical re...

GENEVA – March 25th, 2021 – MKS (Switzerland), a market leader in precious metals and part of the MKS PAMP GROUP today announces the appointment of Rene Bansner as Senior Sales Executive - Europe. This pivotal hire will pave the way to greater industrial activities, foster growth and continue to deliver a world-class service to global clients. Rene brings over 15 years of industry expertise, having worked for leading financial institutions where he built and developed the commodities desk for...

New York – March 1st, 2021 – Manfra, Tordella & Brookes (MTB), part of the MKS PAMP GROUP and one of the most trusted names in precious metals, announced today the expansion of its Depository Business and Distribution capabilities.  MTB has completed the strategic acquisition of a leading North American financial institution’s COMEX (CME) approved depository and logistics center.  The acquisition, including the world class 15,000 square foot secure facility and depository staff, ac...

NEW YORK – January 14, 2021 – Manfra, Tordella & Brookes (MTB), part of the MKS PAMP GROUP and one of the most trusted names in precious metals, announces the appointment of Lennart Kocheise as VP of Sales & Marketing, Europe. Lennart will focus on MTB’s European market expansion through the promotion of an extensive range of products and services, including sovereign bullion coins, PAMP products, rare coins, financing, and storage services. Lennart will be based in Stuttgart, Germa...

GOLD AVENUE, the official online retailer of the MKS PAMP GROUP now allows DGLD token holders to pay for their physical bars and coins with digital gold. The collaboration between DGLD and GOLD AVENUE is setting an exciting milestone in the relationship between the crypto space and the physical gold community sector. With customers at the core of their business, DGLD and GOLD AVENUE offer precious metals buyers a bridge between digital and physical investments via a user-friendly payment gate...

Precious Metals Key Drivers Extraordinary situation: When we published our yearly Precious Metals Forecast in January of this year, like many, we did not anticipate the widespread effect of the Covid-19 pandemic. For several weeks, the world came to a near standstill and the impact on the world economies globally will be considerable. Although we do not usually adjust our yearly forecast, we believe it is justifiable as it will better reflect the current extraordinary situation and its imp...

MKS PAMP GROUP would like to provide some insights relating to the effect of COVID-19 on its activities. 6th April 2020 PAMP has been authorized by the Ticino Council to continue their operations. Due to our stringent measures in place to proactively safeguard our employees and community and in full compliance with the local Government requirements, we will continue our activity with less than 50 per cent of our processing capacity. The temporary closure of PAMP has had a reduced effect...

23rd March 2020, Geneva MKS PAMP GROUP, the industrial and trading services group specializing in all aspects of the precious metals business announces that one of its refineries, PAMP based in Ticino, Switzerland is temporarily closed following the orders of a government decree to battle COVID-19. The refinery is closed with immediate effect.   Since the inception of COVID-19, the MKS PAMP GROUP has focused on the safety and well-being of their employees by implementing pre...

This year, the World Economic Forum (WEF) Annual Meeting in Davos-Klosters, Switzerland welcomed over 3,000 participants from across industries and geographies for its 50th edition. To coincide with this golden anniversary, a new Davos Manifesto was launched with the purpose of guiding companies through the fourth industrial revolution whilst strengthening, “stakeholder capitalism”. As our 10th  year attending the WEF Annual Meeting, Marwan Shakarchi, CEO at MKS ...

MKS (Switzerland) SA, part of the MKS PAMP GROUP, is proud to announce the launch of an innovative digital gold product called DGLD, with 20M $ in gold digitized, making it the largest gold token on the market to date. DGLD is a digital asset, or token, representing allocated physical gold stored in a Swiss vault and tokenized with a side-chain built on the Bitcoin network. Best understood as a digital proof of ownership of allocated gold, DGLD leverages the power and immutability of the B...