PAMP newsLOCAL AND AROUND THE WORLD

  • Sustainable Development Remains High Priority for PAMP

    With the release of PAMP's Social and Environmental Report, the company renewed its commitment to transparency in the realms of sustainable development and social responsibility. The report, released publicly in January, demonstrates PAMP's consistency with respect to its employees and surrounding environment as well as the new strides it is taking to respond to the needs of a changing world.

    Made in collaboration with the Department of Territory, the impartial report detailed PAMP's attention to energy expenditure and conservation of resources. While production has increased from the previous year, the input of nitrogen oxides into the atmosphere remained unchanged thanks to PAMP's aptitude in waste management. According to the report, the company has also exhibited energy efficiency in the realms of electrical power by rationalizing daytime energy consumption.

    In the area of social responsibility, the report provided significant insight into PAMP's relationship with its employees. With a 17% increase in employment from the previous year, PAMP reported an average of at least five years with the company for approximately 50% of all employed.

    PAMP's commitment to social development and renewal has extended outside of its immediate territory and into the surrounding community. This is most evidenced by the company's support of local organizations, such as the Institute Sant'Angelo of Loverciano. On January 25th a special presentation was provided for the children of the Institute when famed mountaineer Stephan Siegrist gave a live interactive demonstration utilizing a climbing wall.

    For the second year in a row, PAMP has maintained the path to sustainable growth and in as many years has done so in an open and transparent fashion. The path forward for the company is assured, as the proven leader in precious metal refining continues to lead in social and environmental sustainability.

  • PAMP Attends World's Fair of Money in Philadelphia

    PAMP was in attendance at the American Numismatic Association's annual convention this past August to celebrate the history of currency and the role it plays in our world. The long-running convention, now known as The World's Fair of Money, was held from August 7th through August 11th at the Pennsylvania Convention Center in Philadelphia, PA and showcased a wealth of treasures from top dealers and international mints. The fair also provides a special opportunity for PAMP to meet with its esteemed international business partners.

    A key focus for PAMP throughout the fair was announcing its partnership with UNESCO to initiate a new and unprecedented Coin and Medal Program. Representatives from PAMP met with attendees from several government mints to discuss their potential participation in the upcoming program. The feedback from these representatives was very positive and enthusiastic.

    The World's Fair of Money for 2012 featured dealers occupying nearly 500 tables throughout the convention center and played host to representatives of 16 mints from five continents. Auctions were held during the week for a wide range of rare and sought-after coins while various awards were presented for over 50 exhibits. Especially popular at the fair was a presentation from the The British Royal Mint featuring examples of gold, silver and bronze medals from the Summer Olympics in London.