Is fairmined gold real gold?

Is fairmined gold real gold?

Fairmined is an assurance label that certifies gold from responsible artisanal and small-scale mining (ASM). It is backed by a rigorous 3rd party certification and audit system that ensures that small entrepreneurial mining communities meet a world leading standard for responsible practices.

Can gold Fairtrade?

Fairtrade Gold is sourced exclusively from mines which meet the Fairtrade Gold Standard; an internationally recognised marker of best-practice. Workers in Fairtrade certified gold mines receive a guaranteed Fairtrade Minimum Price for their product.

What are the benefits of Fairtrade gold?

The Fairtrade Gold Stamp is a guarantee that the gold was responsibly mined and the miners were paid a fairer price. Buying Fairtrade Gold means miners can invest in projects to improve their communities such as healthcare, a better water supply and access to education.

What is pure fairmined gold?

FAIRMINED gold is ethical gold extracted by Artisanal and Small-scale miners. Buying FAIRMINED metals is supporting responsible certified miners and their families that follow strict requirements for social development, environmental protection, labor conditions and economic development in their mining communities.

Is recycled gold good?

The “recycling” process here means that the gold is melted down and refined until it reaches its most pure form. When compared to regularly mining gold out of the ground, recycling gold reduces negative environmental impacts and can be more cost-effective for everyone involved.

How is fair trade gold produced?

Why Fairtrade Gold? Fairtrade certified gold comes from artisanal and small-scale mining organisations (ASMOs) that meet the Fairtrade Standard for Gold and Precious Metals. Miners who comply with the Fairtrade Standard receive a premium of US$2,000 per kilo on top of the guaranteed Minimum Price for their gold.

Which countries produce fair trade gold?

Fairtrade works exclusively with artisanal and small-scale miners. Fairtrade is working with nearly 50 artisanal and small-scale miner sites in Peru, Kenya, Uganda and Tanzania.

Is gold mining ethical?

Modern industrial gold mining destroys landscapes and creates huge amounts of toxic waste. Due to the use of dirty practices such as open pit mining and cyanide heap leaching, mining companies generate about 20 tons of toxic waste for every 0.333-ounce gold ring.

What is fair mining?

Fairmined is an assurance label that certifies gold from empowered responsible artisanal and small-scale mining organizations. It transforms mining into an active force for good, ensuring social development and environmental protection, providing everyone with a source of gold to be proud of.

What is recycled gold?

Recycled gold comes from gold mined from sources mixed with other materials in nature or by being broken down after it has been created into an item. Recycling gold is a cost-effective measure to make gold more affordable in a variety of products, especially jewelry.

Is recycled gold worth less?

Recycled gold is cheaper than using mined gold and therefore generates more profit. With its’ new program, it will be easy and free for smaller jewelers to sell fairtrade gold. This would benefit thousands of small time miners if we can get this program to become mainstream in North America.

What is recycled gold used for?

Sources of Gold for Recycling Gold is used to create jewelry and coins, as dental fillings and bridges and in industrial and electronic applications.