Goldbroker offers you an extensive selection of 1,000 Ounce silver bars from the world’s finest refineries, all recognized by the London Bullion Market Association (LBMA). Among this number is Britannia Refined Metals, founded in 1930 and headquartered in Gravesend, United Kingdom. It is part of the Glencore group.
Ore is taken from the Mount Isa Mines in Australia and separated into zinc and lead concentrates. The lead portions are further processed and smelted at the Mount Isa mills and sent on, in four metric ton blocks, to the Britannia Refined Metals facility where the silver is extracted from the lead bullion. This is where the silver bullion is produced.
This silver bar is stamped with the BLCO mark in a shield and its purity of .999. Given the refinery’s LBMA certification, there is little else that needs to be known. You are purchasing a brick of silver with the highest possible purity and no frills, meaning that you will take possession of this valuable precious metal at the lowest possible premium over spot price. This is why this format is recommended for those who are serious about wealth protection and solid investment.
Finally, bear in mind that 1,000 ounces of silver equals approximately 65 pounds. It is therefore a rather hefty brick that is not necessarily conducive to easy storage and handling. We recommend its storage in a safe and secure vault, outside of the banking system, and we invite you to consult one of our experts about the options Goldbroker has to offer.
A lead and silver refiner of historic stature, Britannia Refined Metals was founded in 1930. It was owned by one of the world’s largest diversified mining groups, Xstrata, which had its headquarters in Switzerland and registered office in London. In 2013, Xstrata was fully acquired by Glencore, which subsequently became listed as the tenth largest company in the world, and the world’s third-largest family business, founded by Marc Rich of Belgium (and for a time, an U.S. citizen).
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