• Fairtrade Gold 20 July 2015 | View comments

  • I am pleased to announce that my application to join the Fairtrade Registered Makers – the ever-growing movement of makers and outlets that support Fairtrade precious metals - has been approved, so I will be slowly phasing jewellery production over to using ONLY Fairtrade Gold and Silver.

    Economic injustice is systemic in the gold trade. With over $210 billion USD of value being generated through gold in 2012, yet artisanal and small-scale miners live on $1-$2 USD per day. Fairtrade offers genuine hope of change.

    from www.fairgold.org

    Globally, roughly 30 million people earn a livelihood mining gold, characterised by high levels of poverty from disadvantaged parts of society with no other option but to turn to ASM (Artisanal and small-scale mining). They often do not receive the full price for their gold – sometimes as little as 70% of the internationally agreed price. Most mining communities lack basic sanitation and access to clean and safe drinking water. They often have poor housing, little or no access to education and healthcare, and are financially unstable.

    Mining laws are usually geared towards large-scale industrial mining and governments tend to give the large-scale industry preferential mining rights. This leaves small-scale miners, who find it hard to access legal mining rights, more vulnerable and pushes them into informal or illegal operations where working conditions are hazardous and health and safety measures are non-existent.

    Fairtrade certified gold comes from artisanal and small-scale mining organisations (ASMOs) that meet the Fairtrade Standard for Gold and Precious Metals. This means the gold has been responsibly mined and that the miners have received a Fairtrade Minimum Price and Premium, which assists social, environmental and economic development in the communities

    By creating fully transparent and traceable supply chains, consumers and retailers can have confidence that miners are getting a fairer deal and responsible practices have been used. Consumers can recognise Fairtrade products as their packaging will carry the FAIRTRADE Mark and the jewellery product a stamp (similar to the hallmark). Consumers will recognise products made from ecological gold as it will carry a slightly different label and stamp.

    The Fairtrade Mark ensures that gold has been extracted and processed in a fair and responsible manner.

    Source: www.fairgold.org

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