Argor-Heraeus
The gold value chain is susceptible to risk and fraud due to its complex sourcing structure, high finance, and emotive value. As of 2019, Haelixa has partnered with Argor-Heraeus to bring transparency to gold supply chains. Argor-Heraeus is a Swiss-based precious metals refinery that belongs to the German-based Heraeus Precious Metals.
Project Scope
A unique marker is applied directly on rough gold bars at the mine following a strict protocol. The 99.9% gold bar is shipped to Switzerland for refining. When the gold arrives at the Argor-Heraeus refinery, it is tested to verify its provenance. The gold bars are tested for the presence of the DNA marker sprayed at the mine. Once the origin has been confirmed, the traceable gold bars are refined in a separate and segregated production line.
Thanks to the unique DNA marker, Argor-Heraeus’ clients, such as Zürcher Kantonal Bank and LGT, sell traceable gold with confidence and proof that it comes from carefully selected sources that produce it according to their demanded standards.
“We value the reliable, forensic proof that Haelixa provides, it adds value to our product.”
Robin Kolvenbach
CEO of Argor-Heraeus Switzerland
