Company News | Monday October 9, 2023
Global Startup SA Bullion International Partners with Perth Mint Australia
Monday 9 October 2023 Global start-up company, SA Bullion International Limited is excited to announce its collaboration with The Perth Mint. This relationship shall ensure wider bullion product and service offering, both locally and abroad. As part of the SA Bullion Group of Companies with Head offices situated in South Africa and Mauritius. To date, … Continued
Monday 9 October 2023
Global start-up company, SA Bullion International Limited is excited to announce its collaboration with The Perth Mint. This relationship shall ensure wider bullion product and service offering, both locally and abroad. As part of the SA Bullion Group of Companies with Head offices situated in South Africa and Mauritius. To date, the SA Bullion Group is the largest 100% black owned bullion company founded in South Africa with industry licences and outsourced safe custody facilities in South Africa, Zurich, Dubai, and London.
The Perth Mint, owned by the Western Australian Government, is a fully integrated, innovative precious metals enterprise, providing premium gold, silver and platinum products and services to markets throughout the world. For more than a century, the Perth Mint has bolstered the gold industry and has built a reputation for creating access to markets for quality refined precious metal products and services across the world.
Debra Thomson, SA Bullion’s Head of International Operations, says: “We are truly excited to partner with The Perth Mint, a respected institution in the precious metals industry globally. This distribution agreement aligns perfectly with SA Bullion’s mission to offer our clients the most reputable and high-quality bullion products and services. Now that we are an approved distributor of The Perth Mint, we have strengthened our position as a trusted source for both the acquisition and investment of precious metals in South Africa, while, at the same time, extending our footprint globally.”
Importantly, the Perth Mint and SA Bullion collaboration will extend the reach for South Africans to buy and store LBMA bullion products both locally and abroad. The LBMA, based in London, is an independent association that ensures responsible and ethical sourcing of metal whilst ensuring to attain the highest levels of leadership, integrity, and transparency by advancing industry standards and developing market solutions.
Neil Vance, The Perth Mint’s General Manager of Minted Products says: “We are delighted to welcome SA Bullion as a distributor for The Perth Mint. This partnership is a significant one, being the first we’ve undertaken in the region. We believe SA Bullion’s expertise and dedication makes it the perfect partner to deliver our exceptional quality products and services to customers in South Africa and we look forward to a long and successful partnership ahead.”
Bullion comprises coins and bars made of precious metals such as gold, silver, platinum, and palladium and are used by private individuals primarily as an investment, or as a long-term store of value. Gold bullion and silver bullion are the most important forms of physical precious metal investments. In South Africa and globally there is a significant market opportunity for customers to acquire access to bullion.
The partnerships created between SA Bullion and The Perth Mint will assist in creating a foundation for collaborative strategies towards educating customers on bullion as a trusted investment option and immediately further enable the safe sale of precious metals.
For more information on SA Bullion, log onto www.sabullion.co.za
Issued by: SA Bullion International Limited
Head of International Operations
Debra Thomson
For article related questions or to set up media interviews, please contact:
SA Bullion Investor Services (Pty) Ltd
Marketing Consultant
Wendy O’Brien
Email: wendy.obrien@sabullion.co.za