THE LONDON BULLION MARKET ASSOCIATION LBMA News By Stewart Murray, Chief Executive, LBMA COMMITTEES also continues. Two versions of photo gallery from both the permitted companies to become Management the new scale are now available Annual Party and the 2008 Affiliate members at a reduced The Management Committee met for comparative weighing tests in Conference in Kyoto should be level of annual subscription but in February and April. The latter the vaults of LBMA members and made available to Members, requiring that they waive certain meeting was notable as the last it is hoped that the promising Associates and those who rights, including most one to be attended by Jeremy indications from an initial attended. In order to view the importantly the right to vote and Charles, who has announced that examination of the scales will lead photo galleries, it is necessary to also the right to sponsor he will step down as LBMA to them being accepted as obtain a link from the Executive applications which are also Chairman and a member of the alternatives to the beam balance (
[email protected]). sponsored by the related company Committee at the AGM in June. in due course. However which is already a Member. Watch out for his account of considerable further testing will Membership three years in the hot seat in the be necessary which, given the The Membership Committee met Finance next edition of the Alchemist . high level of activity in the vaults in February and March. As well The Finance Committee met As usual, the Committee’s at present, means that it will be as reviewing a number of in April to review the draft work consists mostly of reviewing several months before the next applications for Membership and audited accounts for the year and taking decisions on the phase of the project can be Associateship, the Committee ended 31 December, 2008.