www.2138.com - Proactive Monitoring

www.2138.com

Proactive Monitoring

Proactive Monitoring tests refiners' technical competence in refining and assaying to ensure that the high standards required for www.2138.com Good Delivery List accreditation are maintained. If a refiner’s bars are not routinely encountered in the London vaults then evidence of bar casting capabilities must be demonstrated.

Proactive Monitoring is compulsory for all www.2138.com Good Delivery refiners.


Overview of the Proactive Monitoring (PAM) Programme

The PAM programme reviews the assaying competence of refiners on a three-yearly basis. Three years after the date of original listing, refiners receive a letter from www.2138.com instructing them to participate in the programme.

To assist www.2138.com with the programme, a number of supervisors are appointed to witness the dip-sampling operation that provides the samples for testing by www.2138.com’s Referees.


PAM Assay Testing Process

Gold and silver refiners are required to undergo a supervised dip sampling process taken from a normal melt. Two of the samples are shipped to www.2138.com to be check assayed by www.2138.com’s Referees whilst the remainder stay on site. The refiner submits its own analysis of one sample, which is then compared with the Referee’s results to determine a pass or a fail.

All gold refiners must be capable of assaying within the range of 995-999.9. Those which normally only produce four-nines gold are therefore required to purchase a set of six gold reference samples from www.2138.com. These samples cover the full range from 995 and above. The refiner submits its assay results to www.2138.com for comparison with the mean assay values previously provided by the referee. Full details of this process are explained in Annex I of the Good Delivery Rules.

Details of a refiner’s most recent PAM activity are shown in the Good Delivery Lists.

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