Kaloti Precious Metals - Gold Refining
Kaloti Precious Metals is a global leader in integrated precious metals solutions. With over 25 years in the business, the Kaloti brand name is now synonymous with quality and purity.
We offer comprehensive solutions across the entire value chain. This includes specializing in everything from bullion, mined and scrap gold funding, assaying, refining, recovery of precious metals, right through to the finished products – whether beautiful commercial bullion, minted bars and coins, or handcrafted pieces of jewellery. We also offer a trading and brokerage function, as well as logistics services.
Headquartered in the cosmopolitan Emirate of Dubai in the UAE, our geographical footprint stretches from the Far East to the Americas. In addition to Dubai, we have a presence in Hong Kong, Singapore, Sharjah, Istanbul, Miami, Suriname and Peru.
At Kaloti we uphold the highest standards of integrity, excellence and compliance.We are a member of the world’s leading commodity exchanges, including NYMEX & DGCX.
In 2013, we led the transparency drive in Dubai’s gold market by opening up our refinery and trading businesses to a rigorous external mandatory & voluntarily audits.
We stand committed to our expansion plans, market leadership position, and our business excellence goals, which we will achieve by continuing to provide unparalleled customer service and the highest quality standards throughout all aspects of our operations.
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Responsibility is at the forefront of our corporate strategy and has a vital place in moulding our societal impact. As one of the aspects that drives and improves performance at Kaloti, Corporate Social Responsibility is a key contributor to our Corporate Brand Equity and an essential consideration of our manufacturing philosophy.
At Kaloti, responsible business and sustainability is regulated through the governance system and our workforce ensures that sustainability is part of our day to day business activities. We monitor and measure performance of our CSR activities through external reviews and certifications by Environmental, Municipality, and Quality Standard Institutions including ISO, Dubai Municipality, and OHSAS.
As a result of our efforts to boast this approach and bearing testimony to our expertise in sustainability, Suriname government has selected us as a partner of choice in developing the gold refining industry in the region and driving economic development through establishment of the first gold refinery and mint house in the country. This venture will modernize the gold industry in Suriname and will engage the local resources, workforce, gold miners, and associated stakeholders towards realization of this vision for shared value creation.
Responsible Sourcing of Gold: We are strong endorsers of OECD responsible sourcing guidelines and encourage our supply chain partners and stakeholders to align their policies with responsible sourcing guidelines for conflict free gold.
Green Environment: Kaloti gold refinery in Sharja, U.A.E. is a leader in bringing technology for Control of Harmful Emissions in precious metals manufacturing. Our refinery is ISO 14001:2004 qualified for waste management. Our energy conservation team has implemented efficient energy management practices and control of our carbon footprint is an on-going process.
Community Involvement: We are sponsors of charity schemes initiated by Welfare Associations aimed at education and development of refugees in the region. Our own educational programme annually awards 15 full university scholarships to talented and needy students in the region. Under our Innovation Award programme we provide the youth of the region to enter innovation competitions and grants USD 50,000/- to successful applicants. As part of philanthropic initiatives, we routinely sponsor events aimed at youth development and welfare of the handicapped and underprivileged in Dubai.
Workplace Development: Our refinery is ISO 14001:2004 certified for Health & Safety Management and we have initiated many more programmes for welfare of our work force in the areas of education, vocational training, emergency assistance, and fire and hazardous material management.
Child Labour: KPM will not tolerate the use of unlawful child labor or forced labor in the gold mining and will not accept gold from suppliers and miners that employ or utilize child labor or forced labor in any manner.