About us
Introducing a gold that shines brighter
A unique partnership, Fairtrade and Fairmined gold certification is the result of a joint effort between Fairtrade International (FLO) and the Alliance for Responsible Mining (ARM), which combined their expertise to enable artisanal and small-scale miners (ASM) to improve their livelihoods.
Through an extensive consultation process the two organisations have developed a set of standards for responsible mining, which the miners have to fulfill in order to get certified. Achieving the certification means that the miners:
- Receive a guaranteed Fairtrade Minimum Price: This is set at 95% of the London Bullion Market Association's (LBMA's), fixing at the FOB export point
- Receive a Fairtrade premium payment, which is democratically reinvested in community projects and improving miners' operations. This is calculated as 10% of the applicable LBMA fixing
- For Ecological Gold (gold extracted without the use of chemicals) this is calculated as 15% of the applicable LBMA fixing
- Develop long term business relations with their commercial partners
Fulfilling the Fairtrade and Fairmined standard means that certified miners:
- Have developed democratic and accountable organisations and formalised all their operations
- Are using safe working practices including the management of toxic chemicals, such as mercury and cyanide, used in the gold recovery process
- Are respectful with their environment
- Recognize the rights of women miners
Organisations will be audited by the independent, international certification body FLO-CERT to ensure they are complying with the standards.
www.communitymining.org
www.fairtrade.net
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