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AAIC Bullion Refineries Group (ABRG) Appoints Stewart Group as Independent Preferred Assayer

AAIC Bullion Refineries Group Limited (ABRG, Frankfurt Xetra: 1AB) today announces its collaboration with London Bullion Market Association member Stewart Group as their global Preferred Assayer.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Dec. 19, 2011 - AAIC Bullion Refineries Group Limited (ABRG, Frankfurt Xetra: 1AB) today announces its collaboration with London Bullion Market Association member Stewart Group as their global Preferred Assayer.

The appointment will see Stewart Group’s Singapore office providing ABRG with comprehensive independent assay and certification of bullion products, inspection and quality control assessment of ABRG’s refining process, and technical data analysis of raw materials ranging from pre-processed concentrate ore to finished 999.9 purity bullion bars.

ABRG and Stewart Group anticipate that commercial operations will commence in January 2012, when ABRG is set to receive weekly gold rich concentrate production from recently signed agreements entered into by ABRG’s associate, PT ABRG Indonesia.

Commenting on the appointment, Patrick Harvey, Group Managing Director of ABRG said that the tie up with Stewart Group will give ABRG’s bullion products the credibility required to prove that ABRG are serious about developing global institutional sales and partnerships.

Stewart Group Inspection and Analysis Ltd are a member of ALS Laboratory Group which is a world leader in testing and inspection of minerals, metallurgical analysis, environmental study, tribology, and food and pharmaceutical control. ALS Laboratory Group is one of the largest and most successful commercial laboratory groups in the world, with more than 8,000 staff operating 270 laboratories in 44 countries and offering a broad range of inspection and analytical testing services.

END

Notes for editors
AAIC Bullion Refineries Group Limited (ABRG) is a precious metals refiner, trader and financier listed in The Frankfurt Stock Exchange (XETRA) as 1AB. It currently operates through a network established in more than 115 countries. Founded in 2010, the Group currently has offices in Guernsey Island, Kuala Lumpur in Malaysia and Jakarta, Indonesia.

Safe Harbour Statement: The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time.

Company: AAIC Bullion Refinery Group Ltd; Ticker Symbol 1AB, ISIN: GG00B65SHP45
Europe, Americas & Africa
Phone: Mr. Francis Higney, +44 2891 882820 or +44 7906 816678
Email: francis.higney@abrgl.com                       Web: www.abrgl.com

Asia
Phone: Mr. Akim Affandi Ahmad, +6012 292 5508 or +603 2026 1310
Email: akim@abrgl.com                       Web: www.abrgl.com

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Contact Email:
***@abrgl.com Email Verified
Source:Akim Affandi Ahmad
Phone:60320261310
Zip:50450
City/Town:KL City Centre - Kuala Lumpur - Malaysia
Industry:Gold mining
Tags:precious metals
Shortcut:prlog.org/11752815
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