Kudos go to Royal Silver Company, a Bolivian company that exports quality in silver and gold coin fabrication.
Bolivian Thoughts in an Emerging World was fortunate enough to make an update of this post, as a result of a direct contact, today October 10, 2011, with Mr. Brian McConnell, CEO, Royal Silver Company (Bolivia) S.A.
El Dia newspaper also released the following information:
“From Bolivia we have challenged the greatest refineries in Switzerland, USA, Austria, Canada, China, Australia, with precious metals so pure that none of the coin mint operations of those large world companies can match us”, says Brian McConnell, Executive Director for Royal Silver Company.
Despite of all the incommensurable problems and difficulties that any Bolivian exporter has to endure, Royal Silver Company is competitive; 50 direct employees and around 200 indirect jobs move this venture. Their primary coin clients are in Singapore, USA and Australia.
McConnell said three incentives are needed: clarity in taxes; a modern and coherent Mining Law; and to eliminate the disincentives over national industries. As awkward as it may seem, Bolivian minerals cost less outside our borders. If Royal Silver Company were to be in Chile, we could purchase Bolivian minerals at a lower price than being in Bolivia and with greater incentives for all the industrial cycle.
Goals.“For 2012, implement a new way to finance the new ecological melting operation to work with zinc-lead-silver in Oruro, with the purpose of increasing the production of gold, silver and to improve current investment alternatives in Bolivia”, McConnell said.
There is 99.999 % purity in all the products made by the company, they have international certification. In 2008, they started raw materials exploitation and processing in Bolivia. The US Patent office has awarded them the patent number 7,892,505 due to their originality in their technology.
If you are more interested in Royal Silver Company, you could visit its website: http://www.royalsilver.com/

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