Sales at Nigel Blackburn’s Birmingham firm have risen 150% a year, from £16.8m in 2007 to £263m in 2010, thanks to the continued rise of gold prices, though with very slim margins. Its main activity is to buy gold from clients and the public, and to melt and refine it to produce bullion, which it sells on. It pays out up to £2m and melts 150kg of gold a day. The firm plans to launch high-street outlets to capitalise on the buoyant market.
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