Indian gold refiner MMTC PAMP halts production
By GCRU Gold News on Saturday, May 21 2016, 08:47 - Permalink
MMTC PAMP has ceased refining of gold because of poor market conditions, sources close to the matter told FastMarkets.
The refiner, a joint venture between MMTC and PAMP of Switzerland, has not refined any gold doré since February and had been redirecting material back to Switzerland because of a moribund domestic market, those sources said.