Gold and precious metals
Fairtrade Gold is more than just gold - Its value doesn't stop at the price tag. Behind every piece is a miner, a community and a landscape we are committed to protecting.
90% of gold miners worldwide work in artisanal and small-scale mines. An estimated 100 million people worldwide rely on gold and mining income to support their families and communities, the second-largest workforce after agriculture. Miners and their families often face precarious living and working conditions, including poverty, informality and high dependency from intermediaries. To address these issues, our mission is not only to promote fairer trading conditions by partnering with the gold sector but to also support and coach miners to combat poverty, protect the environment and take more control over their lives.
By working alongisde refining partners to create fully transparent and traceable supply chains, consumers, brands and retailers can have confidence that miners are getting a fairer deal, that responsible practices are used and that conditions are continuously improved.
"Our vision is a world in which artisanal and small-scale miners can enjoy secure and sustainable livelihoods, fulfil their potential and decide on their future in an intact environment."
How Fairtrade gold makes a difference
Fairtrade combines different approaches to support miners in driving change in their own organizations. The Fairtrade Gold Standard includes strict requirements on working conditions, occupational health and safety, handling chemicals, women’s rights, child labor and protection of the environment such as water sources and forests.
In addition to the standard, we work on technical assistance and accompaniment, offer capacity-building opportunities, and both advocate for and raise awareness of the importance of gold made fairly. This is how Fairtrade makes a difference for planet, people and prosperity. For certified mines looks like:
- Market access and longstanding partnerships: Transparent and long-term trading relationships put certified mining organizations in a better negotiating position, distancing them from informal commercial relations and reducing reliance on local intermediaries. The Fairtrade Minimum Price provides certified gold mines a safety net.
- Fairtrade Premium: Fairtrade-certified mines receive a Fairtrade premium of USD 2000 per kilogram of gold on top of the agreed sales price. In their cooperatives, miners decide together how the premium should be used to benefit them, their families and the mining community. They often invest in operational processes to increase productivity and reduce the environmental impact of their activities as well as community projects such as schools, water supply and health centers.
- Democracy and Governance: Fairtrade-certified mines are democratically organized and decide collectively on investments. Beyond that, Fairtrade is the only major global sustainability scheme that is 50% governed by producers. Which means decision-making at Fairtrade is shared equally.
- Environmental protection: In addition to social and economic benefits, Fairtrade-certified mines must comply with national environmental laws and follow clear guidelines for the use of chemicals in gold extraction. Chemicals must be used in a way that does not cause environmental pollution and does not affect people’s health. They must be reduced to a minimum and, where possible, eliminated over an agreed time period.
Interested in partnering with Fairtrade in the gold sector?
Explore our dedicated page for businesses to find more information.
Where to buy jewelry, watches and other Fairtrade Gold products?
Get in touch
Fairtrade has expert staff at mine and market levels, with relationships across the supply chain. Whether related to compliance, supply or market linkages, our team is here to support.
If you’d like to partner with Fairtrade or have any questions please do get in touch: info@fairtrade.gold
FAQs
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Is it not better to use recycled gold rather than newly mined Fairtrade gold?
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Why is Fairtrade gold only sourced from artisanal and small-scale mines (ASM)?
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Is the use of toxic chemicals allowed in Fairtrade certified mines?
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How do you ensure that the Fairtrade standards have been met in certified mines?
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Does the Fairtrade Mark guarantee traceability?