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07/20/2004:

"Bureau calls for precious metal deregulation in South Africa"

South Africa's Minerals Bureau has called for the government to alter the present system governing gold and platinum possession and trading.

According to the Bureau, South Africa needs to deregulate the dealing in and possession of serially numbered, trademarked and hallmarked bullion bars.

Mr Damarupurshad explained to Mining Weekly: "South Africa, the world's largest gold and platinum producer, remains the only major producing or trading country prohibiting ownership of gold and platinum in bullion form."

Full Article : platinum.matthey.com