OREANDA-NEWS. September 17, 2013. The next meeting of the International Platinum Group Metals Association (IPA) Security Committee (SC) shall take place on the premises of Gipronickel Institute LLC in May 2014.

The venue was picked at working consultation meetings in Moscow by participants Chairman of IPA SC of producing companies, Head of OJSC MMC Norilsk Nickel Corporate Security Directorate Vladislav Gasumyanov; IPA Managing Director Gabriele Randlshofer; IPA and Johnson Matthey representatives.

The parties talked of ways to raise transparency of production and trading of precious metals and security of product supply chains.

Illicit trade of precious metals is at the center of the next SC meeting’s agenda. Likewise law enforcement experts from Russia and the Republic of South Africa will relay their experience in counteracting illicit trade of raw precious metals.

As the event will be hosted by the Gipronickel engineering and design institute, the participants will be able to learn of its achievements, and visit the museum with exhibits that contain the history of creating Norilsk Nickel.

“Raising transparency in production and trading of precious metals, developing analytic potential and systematic interplay is a major challenge, but we hope that during Norilsk Nickel’s chairmanship of the IPA Security Committee we jointly make progress in reaching this common goal,” says Head of OJSC MMC Norilsk Nickel Corporate Security Directorate Vladislav Gasumyanov.