US-based bullion miner Newmont has announced the release of a unique traceable gold bar, exclusively crafted from Newmont-mined gold, refined and minted by MKS PAMP in Switzerland.

The 1 oz Lady of Liberty gold bar aims to make gold ownership more accessible for consumers, particularly in the wealth-building market.

“The opportunity for Newmont gold to be accessible, direct to consumers, is a testament to our commitment to promoting gold as a prized commodity worth pursuing and owning. Our commitment to sustainable mining practices and sourcing transparency makes purchasing gold attainable for consumers – even while shopping for household goods,” said Newmont chief development officer Peter Toth.

The Lady of Liberty gold bar employs MKS PAMP's Provenance solution, which ensures a rigorous process of tracking gold from the mine to the market. This independently audited system guarantees complete segregation of gold throughout the refining and minting phases, offering consumers transparency and trust in the origin of their investment.

MKS PAMP global head of minting Chris Carkner said the joint collaboration on the project was a crucial steppingstone towards a more unified gold industry where players collectively work together to strengthen consumer trust and uphold the integrity that drives the demand for responsibly sourced gold.

The launch of this co-branded gold bar not only celebrates a decade-long partnership between Newmont and MKS PAMP, but also reflects their shared commitment to sustainability and responsible sourcing. Minting experts employed advanced techniques to recreate the iconic Lady of Liberty design, which is encased in CertiPAMP packaging, serving as both a certificate of authenticity and a mark of quality excellence.

Newmont's recognition as the only gold producer listed in the S&P 500 Index underlines its principled approach to environmental, social, and governance practices. With this new offering, the company reinforces its dedication to making gold a viable investment option for a broader audience, further solidifying its role in the evolving gold market.