Uploaded September 2026 | Updated September 2026, 56 minutes ago
In this episode of Unearthed, hosts John Reade and Joe Cavatoni are joined by Dr. Robin Kolvenbach, CEO of Argor-Heraeus a major precious metals refining company located in Mendrisio, Switzerland. Together they unpack the drivers behind the refining industry, often the least understood link in the gold value chain.
Episode one dives into the economics of the refining industry, why a rising gold price is a cost and a risk to refiners, and how metal lease rates shape the business. In the conversation they cover sourcing patterns reshaped by downstream demand for responsible supply, the scale and significance of bar and coin demand, physically segregated production lines and the tracing processes that allows a gold bar to be identified with a phone years after it leaves the refinery.
Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights.
This episode was filmed on Wednesday 15th July and is part one of a two part series with Argor-Heraeus.
About World Gold Council
We're the global experts on gold. The content we post here ranges from investment insights and market trends, to responsible gold mining and gold's many uses in our world.
Important Notice: This is not a recommendation or offer for the purchase or sale of any securities, investment products or services. Diversification does not guarantee any investment returns or eliminate risk of loss. Physical gold is an unregulated investment and its value is variable. Past investment performance is not a reliable guide to future performance. Please read the full disclaimer at: invest.gold/disclaimer.
In this episode of Unearthed, hosts John Reade and Joe Cavatoni are joined by Dr. Robin Kolvenbach, CEO of Argor-Heraeus a major precious metals refining company located in Mendrisio, Switzerland. Together they unpack the drivers behind the refining industry, often the least understood link in the gold value chain.
Episode one dives into the economics of the refining industry, why a rising gold price is a cost and a risk to refiners, and how metal lease rates shape the business. In the conversation they cover sourcing patterns reshaped by downstream demand for responsible supply, the scale and significance of bar and coin demand, physically segregated production lines and the tracing processes that allows a gold bar to be identified with a phone years after it leaves the refinery.
Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights.
This episode was filmed on Wednesday 15th July and is part one of a two part series with Argor-Heraeus.
About World Gold Council
We're the global experts on gold. The content we post here ranges from investment insights and market trends, to responsible gold mining and gold's many uses in our world.
Important Notice: This is not a recommendation or offer for the purchase or sale of any securities, investment products or services. Diversification does not guarantee any investment returns or eliminate risk of loss. Physical gold is an unregulated investment and its value is variable. Past investment performance is not a reliable guide to future performance. Please read the full disclaimer at: invest.gold/disclaimer.
