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Company
Italpreziosi was founded on 15 March 1984
We are a Joint Stock Company (SpA) and a Benefit Corporation
Our headquarters are in Arezzo, Tuscany, in the town of San Zeno
40 YEARS OF EXPERIENCE
Our company offers services that include:
- recovery, analysis and refining of precious metals;
- production and trade of gold and silver products and production and trade of investment gold for banks, private individuals and industry;
- services to support precious metals trading;
- logistics, transport and warehousing services;
- thermal treatment/incineration of goldsmith waste, sludge and residues from gold-and-silver processing;
- treatment and recovery of various types of precious metals (e.g., liquids and waste from the chemical and galvanic industry, chemical and automotive catalysts; waste from the electronics industry)
Production capacity:
290 tons of silver and 45 tons of gold per year
New division production capacity:
New division production capacity:
Total production capacity:
505 tons of silver per year 80 tons of gold per year
2023: We become a Benefit Corporation, demonstrating our commitment to generating positive impact for people and the environment.
We have customers and suppliers all over the world including:
Banks, Mines, Jewelers and industry operators, Private customers.
Our history
2013
2015
2017
2018
2019
PlanetGold
Italpreziosi SPA becomes part of the planetGOLD Program, implemented with UNDP, UNEP, and UNIDO with private individuals, governments and civil society associations
Aris Gold Corp
Acquisition of shares in Aris Gold Corp
Transformation of Sandspring Resources LTD into Gold X Mining Corp
Company founding
2020
2021
2022
Our services
ANALYSIS AND REFINING OF PRECIOUS METALS
PRODUCTION OF GOLD AND SILVER PRODUCTS FOR BANKS AND INDUSTRY
PRECIOUS METALS ONLINE TRADING SUPPORT SERVICES
SALE OF INVESTMENT GOLD IN THE RETAIL MARKET
LOGISTICS, TRANSPORT AND STORAGE
RECOVERY OF PRECIOUS METALS AND VARIOUS TREATMENTS
Our values / Our mission
Excellence and Quality
Equal opportunities and Inclusivity
Transparency, Ethics and Integrity
Protecting the planet, biodiversity and climate change
Scrap
Mines
Good delivery
Full traceability
ANALYSIS
REFINING
PRODUCTION
bars, ingots and coins
Precious metals that have been previously refined (including end-user materials, post-consumer materials, products containing precious metals, and scrap metals and materials generated during product manufacturing) and then returned to a refiner or other downstream intermediate processor to start a new life cycle as 'recycled material'.
MINES
One of Italpreziosi's added values lies in a unique business model that allows it to obtain supplies directly from mines, including some in which it owns shares.
“We refine gold mostly bought directly. This allows us to skip intermediaries, managing to bring the world of mining closer to that of jewelry production.” -Ivana Ciabatti
GOOD DELIVERY
Good Delivery certified bars (Gold)
The Good Delivery certification is issued by the LBMA (London Bullion Market Association) which coordinates wholesale gold and silver trading. This association updates and publishes Good Delivery lists, which set a series of criteria with which refiners and their precious metal must comply before being admitted to trading.
COMPANIES
BANKS
INDIVIDUALS
Italpreziosi in the world
GOLDLAKE IP
DENARIUS METALS CORP
Certifications and accreditations
1 January 2022 – 31 December 2022
Responsible jewellery council (rjc)
We are members of the Responsible Jewellery Council, RJC (the association uniting more than 400 of the world’s most important companies that represent the entire gold supply chain, from mines to major jewelry manufacturers such as Cartier, Bulgari, Tiffany, etc.). Ivana Ciabatti served on its Board of Directors. In 2013, Italpreziosi received the voluntary certification of the Code of Practice CoP and the “Provenance Claim” certification, and in 2017 the Chain of Custody CoC certification.
London bullion market association (lbma)
On September 1, 2008, we became Associate Shareholders of the London Bullion Market Association (LBMA). We have received the Good Delivery certification since 2018. LBMA is the London-based association that represents the world’s largest OTC (over the counter) market for physical gold and silver exchanges. The Association brings together most of the central banks, producers, refineries, producers and traders, regulating various sectors, including the definition of refining standards, commercial documentation and promoting best business practices.
FAIRMINED
We are certified as a ‘Fairmined Supplier.’ We participate in projects in collaboration with international organizations and industry associations to improve the conditions of artisanal miners’ small communities while respecting the environment in various countries around the world. The gold produced by these projects is Fairmined certified. With your purchase, you contribute to small mining communities’ socio-economic development and environmental protection.
Banca d’italia
We are registered at no. 5000120 as a professional operator on the gold market with the Bank of Italy, pursuant to Italian laws and in particular with Law 7/2000, which allowed, among other things, investment gold trading between individuals.
RESPONSIBLE MINERAL INITIATIVE (RMI)
In addition to being part of their list of certified refinements worldwide, we are members of the Responsible Mineral Initiative (RMI). Founded in 2008 by members of the Responsible Business Alliance and the Global e-Sustainability Initiative, the Responsible Minerals Initiative has become one of companies’ most used and respected resources in various sectors that work in responsible mineral supply chains.
INTERNATIONAL PRECIOUS METALS INSTITUTE (IPMI)
Italpreziosi is a member of IPMI, the International Precious Metals Institute, the largest association focused on precious metals in world. IPMI is an international association of producers, refiners, manufacturers, scientists, users, financial institutions, traders, private and public sector groups, formed to provide a forum for the exchange of information and technology.
WATCH & JEWELLERY INITIATIVE 2030 (WJI2030)
Italpreziosi is a member of the Watch & Jewellery Initiative 2030, a project that Kering and Cartier launched, aimed at Watch and Jewelry industry members, based on three shared objectives: building a climate resilience plan, preserving natural resources and encouraging inclusiveness.
Governance
Ethics and Integrity
231 organizational model
Italpreziosi adopts the Organization, Management and Control Model pursuant to Legislative Decree 231/2001.
Board of directors
The Italpreziosi Board of Directors is composed of five members, including the CEO of Italpreziosi. The board members are selected based on their commitment to sustainability, because it is an integrated aspect of the company business strategy and therefore the Board of Directors’ vision must be aligned with high standards in this regard. The Board of Directors’ task is to set up and supervise the business strategy with organization, control of the activity and corporate sustainability.
Management
Italpreziosi’s CEO, with Senior Management’s support, represented by each department’s managers, organizes and supervises implementation of the business strategy and corporate sustainability.
Due diligence Commission
The Due Diligence Commission is composed of Senior Management; the Chairperson is the corporate Legal Officer. The Due Diligence Commission’s role is to supervise the Compliance and Sustainability Officer’s work, strengthening the corporate Compliance department.
Sustainability committee
For Italpreziosi, Sustainability is the driving force behind its business. The Due Diligence Commission supports the Sustainability Commission’s work, as compliance and sustainability must go hand in hand. This synergy aims to make adequate verification work even closer to all stakeholders, integrating it into a sustainability path designed to collaborate and support in the field of Compliance with its suppliers and customers.
Board of statutory auditors
Its task is supervising the directors’ activities and verifying that the company management and administration are conducted in compliance with the law and the articles of association, further guaranteeing its quality.
Supervisory body
The Supervisory Body consists of 3 members and is responsible for supervising the implementation of Model 231 and its compliance by its recipients. It also checks the Model’s adequacy and ensures that the staff is properly educated and trained on it.
Board of directors
