Promise 1 — Sourcing to international standards.
Every miner partner is onboarded through a full upstream KYC process aligned with the LBMA Responsible Sourcing requirements and the ASM Toolkit, supplemented by the Swiss Better Gold (SBG) certification framework. No ore enters the supply chain before this process is complete and documented.
Promise 2 — Consistency between what is declared and what is delivered.
Every purchase is monitored against the baseline established during the onboarding phase (origin, volume, processing site, beneficial ownership…). Discrepancies trigger an immediate review protocol. Continuous monitoring is the mechanism that makes the first promise durable.
Promise 3 — Immutability of the data from extraction to delivery.
X-Trace traceability ensures that every step of the processing chain is recorded and unalterable. What enters the system as ore from a documented, certified miner exits as gold whose compliance status is fully verifiable by the end buyer. The output matches the input and can be proven to.
xTrace — blockchain-based traceability
xTrace is OCIM’s traceability system, built to record and preserve the compliance data generated at every step of the supply chain, from the miner’s onboarding file to the refined output delivered to the end buyer. Every transfer, processing step and quality control point is logged in real time and tied to the relevant miner’s identity and certification status.
The system is built on blockchain technology: a decentralised ledger that no party can alter retroactively. Once a transaction is recorded, it cannot be modified or deleted. This architectural property is what makes the compliance trail independently verifiable by any counterparty at any point in the chain.
xTrace is currently being deployed across Soleil Metals’ operations in Peru. Full implementation is underway.
Swiss law applied to Peruvian operations.
OCIM Metals & Mining SA is incorporated under Swiss law and supervised under the Swiss Anti-Money Laundering Act (AMLA). Under Article 6 of the FINMA Anti-Money Laundering Ordinance (OBA/FINMA), OCIM M&M conducts consolidated risk management across all group entities including Soleil Metals’ operations in Peru. This means that the traceability and control framework governing OCIM’s trading operations in Geneva applies directly to field-level operations in Peru. Country risk is not outsourced to the subsidiary, but managed at the group level under Swiss regulatory oversight.
How we address the sector’s principal risks
Certifications and affiliations
OCIM’s compliance claims are backed by independent verification. The group holds the following certifications and affiliations, each subject to ongoing audit and renewal.
LBMA membership — OCIM Metals & Mining is a member of the London Bullion Market Association, the international standard-setting body for the gold market. Membership requires demonstrated compliance with the LBMA Responsible Sourcing Programme.
Swiss Better Gold (Step 1) — Soleil Metals has obtained Step 1 certification under the Swiss Better Gold standard, which covers environmental, social, and governance requirements for artisanal mining operations. Step 2 certification is in progress.
RMI (in progress) — OCIM is engaged in the Responsible Minerals Initiative certification process, which provides an additional layer of independent third-party verification of responsible sourcing practices.
