Located within the Central Bank Building in South Sudan, Aurum Refinery Co LTD was established in 2024 to offer assaying services to enable the exportation of precious metals.
The Aurum Refinery laboratory’s independent certification of its assay process maximises client value because it guarantees consistently accurate data on every refining batch.
The oldest and most assuring method to determine the purity is the Fire Assay (Cupellation) method. The Cupellation method is still giving greater precision than many methods being developed.
Upon receipt of the shipment at its premises, Aurum Refinery inspects received packaging for damage as evidence of tampering. It also records the number of parcels received, their total weight and other contingent non-conformities. After unpacking, the incoming material is weighed again, electronically photographed, given a description and formally entered on the proprietary ABC Refinery ERP system.
Aurum Refinery conducts a controlled melting process that minimises melt loss to maximise return. The received material is then homogenised utilising the latest in international homogenisation methods.
Aurum Refinery produces dual blind homogenous samples of all melted input to ensure precise quantification of the precious metal content at the time of assay. Specimen samples are retained by Aurum Refinery for 3 months post financial out-turn and recorded on the proprietary Aurum Refinery ERP system for ultimate assurance.
AML/CTF
Aurum Refinery is required to obtain, verify and record specific business and identification information about its clients before opening a business relationship and establishing an account. All client information and data is treated in utmost confidence and is protected under South Sudan Data Protection laws. The due diligence review process usually takes between 5 and 10 business days after receipt of a duly completed Aurum Refinery Application. Our internal due diligence processes are constantly monitored and updated to ensure compliance with Australian law.
AML/CTF
Aurum Refinery is incorporated in South Sudan and accordingly subject to South Sudan law including but not limited to the Know Your Client (“KYC”) & Anti Money Laundering (“AML”) provisions of The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 Act (Cth) (Act).
Aurum Refinery is audited annually by independent third parties to ensure compliance with South Sudan KYC & AML regulatory requirements. Pursuant to the Act, Aurum Refinery submits an AML/CTF Compliance Report annually.
Aurum Refinery SSD, where trust, integrity, and compliance with global standards are our top priorities. Our gold refining process adheres to stringent regulations, ensuring the highest quality services in South Sudan.