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FairSources to Supply Fairmined Gold in North America
Jul 23, 2013 4:50 PM
By Sandra Mardenfeld
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RAPAPORT... For the first time, ''Fairmined Gold'' will be available in North America, expanding access to responsibly sourced minerals, according to a July 8 announcement from The Alliance for Responsible Mining (ARM).
The first authorized trader is FairSources, a partnership between the Canadian Fair Trade Jewellery Company and S&P Trading (Gold by Gold group-France). The variety of gold available includes 18-karat (yellow, nickel white, nickel free white with palladium) and 14-karat (yellow and nickel white). FairSources will also sell finished semi-mounts and wedding bands to retailers and will do white-label contract manufacturing. Eventually, Fairmined silver and other gold alloys will be offered, as demand requires.
Fairmined certified gold is produced by artisanal and small-scale mining (ASM) as per Fairmined standards, including responsible mining where the miners work under certain labor conditions, receive fair wages, and are required to help develop their communities.
"For several years, North American jewelers have been working to make Fairmined gold available to their markets," said Lina Villa Cordoba, the executive director for the ARM. "The recent arrival of the gold is a great achievement that offers ASM miners the opportunities they deserve for sustainable livelihoods and ensuring them that their diligent efforts to mine in a socially and environmentally responsible manner will be recognized and rewarded."
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Tags:
artisanal, ASM, FAIRMINED Gold, FairSource, gold, Sandra Mardenfeld, socially responsible mining, sustainable
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