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11 Dec 2015


“Colombia: Metalor Sources Gold Exclusively From Legal Mining”

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The Colombian magazine “Semana” has published on December 7th a new article on illegal mining in Colombia. This time the publication is focused on the Choco region, one of the richest alluvial gold areas in the country. The article mentions that companies such as Metalor are buying from the area “without asking so many questions”. In that regard we want to stress the following points: It is not true at all that Metalor is sourcing metal neither from the Choco nor from any other Colombian region “without asking so many questions”…On the contrary Metalor has in place a strong due diligence process that requires that all its trading customers be registered with the RUCOM (Official Colombian Registry of Mineral Trading Players – Registro Unico de Comercializadores de Mineral), and the clear identification of the source of the mineral. In absence of these Metalor does refrain from accepting any mineral