KMG Gold Recycling reports 300% growth in 2011

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KMG Gold Recycling reports 300% growth in 2011

Greentech Lead America: KMG Gold Recycling has reported
300 percent growth in 2011. KMG is moving to a new larger retail outlet and
processing facility in Winnipeg.

“Exceptional customer service combined with consumer
education has helped KMG grow quite rapidly,” said Michael Gupton, co-founder
and president of KMG Environmental, the parent company of KMG Gold.  

KMG Gold Recycling buys, recycles, and refines all
precious metals including gold, silver, platinum and palladium.

As a secondary precious metal refinery, KMG Gold is able
to pay the highest prices to individuals and companies wanting to recycle and
refine their gold, silver, platinum and other precious metals.

The new facility will allow the company to offer a range
of products and services and to increase staffing to better serve KMG Gold’s
expanding retail, commercial and professional client base.

This is the second expansion KMG Gold has undertaken in
the last twelve months and reflects the growth the company has seen since
entering the precious metals marketplace in 2007.

The new location is accessible from all quadrants of the
city and provides ample street and off-street parking for the convenience of
customers and is wheelchair accessible.

The new office lets KMG Gold increase its community
service component by accepting more donations of scrap gold for the Canadian
Cancer Society and more donations of costume jewellery and silver plated items
for Canadian Goodwill Industries.

The company plans to start induction melting furnaces and
X-ray fluorescence technology for determining purity on-site at the new
facility in near future.

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