Robin Kolvenbach, Co-CEO of Argor-Heraeus, has been appointed to the Board of the London Bullion Market Association (LBMA). Swiss-based Argor-Heraeus is part of Heraeus Precious Metals, a global leader in the precious metals business within the Heraeus Group. The appointment highlights the pivotal role that Argor-Heraeus plays in the gold and silver markets and underscores the company’s strong commitment to transparency and responsibility.
Robin Kolvenbach, who holds a Ph.D. in chemistry, brings extensive expertise to the LBMA Board, particularly in the areas of responsibility, sustainability, and ESG practices. He advocates for responsible sourcing and environmental stewardship, aiming to set new industry benchmarks for ESG practices in the precious metals sector. As a Board Member of the Alliance of Responsible Mining, he also contributes positively to the development of the artisanal and small-scale mining sector.
The new board is composed of members with various backgrounds, including the mining sector, industry, and academia, demonstrating the organization's dedication to diversity and knowledge. It provides strategic guidance for ARM's work to supply metals from certified and responsible sources to consumers.
ARM is an independent, global non-profit organization dedicated to promoting responsible mining practices and creating a sustainable future for artisanal and small-scale mining communities (ASM). Established in 2004, the alliance has developed the Fairmined Standard for Gold and Associated Precious Metals to support sustainable development as well as enhancing equality and well-being of ASM communities.
Argor-Heraeus is strongly committed to increased sourcing from responsible ASM suppliers. By enabling miners to access the official precious metals market and good market conditions, the company aims to improve the living and working conditions of the many individuals who directly or indirectly depend on these mines. “It is our responsibility as industry leaders to actively promote responsible mining practices and drive positive change. I look forward to collaborating with the ARM Board of Directors to contribute to a more sustainable mining industry”, emphasized Robin Kolvenbach.
