London – 6th June 2024 - MKS PAMP GROUP, a leading precious metals group expands its silver production capabilities to address growing demand for silver minted products across North America.

Based in Hollywood, Florida – the mint – previously an aviation hangar with a surface area of 26,000 sqft has been repurposed into a facility capable of reaching an initial production volume of over 20 million ounces yearly with capacity for expansion. The mint pairs PAMP craftsmanship with the latest minting technological prowess to produce PAMP silver products, such as 1oz fine silver rounds and 1oz and 10oz bars, with a purity ranging from 999.0 to 999.9 fineness.

Swiss excellence. Minted in the USA

The Hollywood Florida mint team consists of leading minting experts committed to the highest quality standards who build upon the 47 years+ experience of the MKS PAMP mint based in Ticino, Switzerland. With health and safety and quality control as pillars of the organization’s key principles, the team’s diligence is applied throughout the production process to guarantee the safeguarding of its employees and optimal product quality. To ensure responsible supply chain practices, silver will be sourced by adhering to the stringent MKS PAMP GROUP Responsible Precious Metals Policy – underpinned by the LBMA Responsible Gold/Silver Guidance.

“Our ambition is to add value to each of our products and services with the aim of exceeding the quality and service expectations of an increasingly demanding clientele and to set new standards in our industry. This new facility is in line with our group corporate strategy of enhancing our capabilities and our production capacity in the North American silver market” says Marwan Shakarchi, CEO – MKS PAMP GROUP.

Initially launching with the Buffalo and PAMP silver rounds, PAMP silver products produced in the USA bear the iconic PAMP hallmark, registered by the Swiss Federal Bureau and feature a discreet USA mint mark.
“As highlighted in our recent World Silver Survey, and for the third in a row now, silver demand greatly exceeded supply in 2023 - we welcome the opening of this new facility in North America that will serve investors and coin collectors.” concludes Michael DiRienzo, President & CEO – The Silver Institute.

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For further enquiries, please contact: Alix Cassigneul / e: alix.cassigneul@ahky.co / t: +41 78 707 46 30 

About MKS PAMP GROUP

The MKS PAMP GROUP is an industrial and trading services group specializing in all aspects of the precious metals business. This family company was established over 60 years ago and is now an innovative global business serving precious metals producers, users and traders worldwide.
This leading integrated precious metal group comprises five major brands: MKS PAMP, MMTC-PAMP, MTB, APMEX and GOLDAVENUE employing over 1300 people. The group has a local presence in key precious metal markets, through 2 refineries and mints and 17 offices.
The group also prides itself on its excellence in corporate and social responsibility, its leading role in developing an ethical and transparent value chain and constant innovation in its products and services.