Toronto Goldsmith is the first Registered Operator for Fairtrade
Fairmined Gold in North America
TORONTO, Feb. 14 /CNW/ - Toronto's Fair Trade Jewellery Company (FTJCo)
has been named North America's first registered Operator for Fairtrade
Fairmined Gold. The company sources metals from the Condoto community
mines in Colombia, among the first certified producers of certified
Fairtrade Fairmined precious metals worldwide. The certification
standard ensures FTJCo's ecological metals (platinum and gold) are
traceable and are independently audited to comply with the Fairtrade
Fairmined standards from the mine forward, and that FTJCo's products
can now be labeled as Certified Fairtrade Fairmined.
According to Fairtrade International (FLO), globally more than 100
million people are impacted directly or indirectly by artisanal and
small-scale mining. Fairtrade Fairmined Ecological Gold is mined in a
more socially and environmentally responsible manner - creating a path
of independence and resilience for mining communities such as the
Condoto Community (partners in the Oro Verde 'Green Gold' initiative)
of Colombia, and a verifiable source of ecological gold for artisan
jeweler and artist communities worldwide.
The Condoto miners do not use toxic chemicals such as cyanide or
mercury, key causes of many challenges associated with industrial
mining and prospecting activities. Oro Verde's environmentally friendly
approach and the Fairtrade Fairmined certification place the
responsibility for land stewardship in the hands of these miners,
balancing it with tangible incentives and rewards for minimum-impact
practices. It is a mutually beneficial relationship between community
members who are prospecting and extracting the metals and the sellers
and buyers of the raw metal. And at the end of the supply chain,
jewellers and their clients will now enjoy stamps of assurance - that
these final products carry the Marks of certified Fairtrade Fairmined
Ecological Gold and associated precious metals.
Says Ryan Taylor, Designer Goldsmith and Founder, FTJCo, "We are
thrilled about our Fairtrade Fairmined certification. As FLO's first
registered Fairtrade Fairmined jeweller in North America, every
Fairtrade Fairmined Certified Product we craft can be verified. We as
goldsmiths are now able to source Ecological Gold that is mined under
positive social, labour and environmental conditions."
"It's extremely important to the Chocó communities and the rest of the
jewellery-buying world that we return to a tradition of handcrafted,
artisan goods that are ecologically beneficial for each stop on the
supply chain. This has been a six year journey to explore where and how
our metals originated, and through our relationship with the Oro Verde
program, now we can be certain that our mined metals have not caused
harm, and will in fact contribute to the economic and environmental
vitality of this pioneering community," explains Taylor.
"I think this project, which works towards the future, can be one of the
bases for the continuous development of the Chocó communities," echoes
Américo Mosquera, one of the Oro Verde miners.
"We have been eager supporters of FTJCo's efforts to secure
recognition for artisanal mining practices and are proud and excited
that they and the mining community they have partnered with are among
the first recipients of the Fairtrade Fairmined certification. The
consequences of mineral exploitation and unethical mining are
self-evident across the world. The importance of addressing these
issues and trading fairly and responsibly cannot be underestimated. We
at War Child applaud the commitment of FTJCo in it's efforts to affect
meaningful change," adds James Topham, Director of Communications for
About Fairtrade International (FLO)
Fairtrade and Fairmined Ecological standards for gold and platinum have
been developed through a partnership between Alliance for Responsible
Mining (ARM) and Fairtrade International (FLO). Together, these
organizations have developed the first ever third party independent
certification for gold to bring about social, environmental and
economic development in artisanal and small-scale mining communities.
About Fair Trade Jewelry Company (FTJCo)
Beautiful art takes commitment, a good eye and a love of the process and
the result. Our jewelry pieces are each hand-crafted by master
artisans, using environmentally friendly and socially responsible
metals and gems. Our Ecological Gold is traceable and all of our
jewelry made from this metal includes a tracking number that traces it
to the community where it was mined. We are immensely proud that we
have a hand in helping create social change for these mining
communities, and share in their successes. To learn more and watch our
documentary The Last Gold Rush, visit ftjco.com/fairtrade.
About the Oro Verde Program in Colombia
The Condoto Community Council, through its Oro Verde (Green Gold)
initiative was just issued their Fairtrade and Fairmined Certificate
for Ecological Gold. A Fairtrade Certified Producer, the Condoto
community of mining families extract the gold using ancestral artisanal
mining techniques that ensure a sustainable use of the natural
resources of their home - the Chocó Bioregion, one of the most
biodiverse ecosystems on Earth. No toxic chemicals are used in the
mining and strict ecological restoration practices are observed.
The certification indicates improved working conditions for producers,
encourages public policies that promote a responsible mining sector,
improves environmental management (including mitigation of the use of
mercury and ecological restoration), gender equality, elimination of
child labour in mining, fairer market access, and benefits local
communities in mineral rich ecosystems through improved governance.
About Fairtrade International's Fairtrade Fairmined Certification
The Fairtrade and Fairmined standard means that:
Miners will get a guaranteed minimum price for their gold, which
increases financial security for the miners.
Miners will receive a Fairtrade social premium, calculated as 10% of the
applicable LBMA fixing, Ecological Fairtrade Gold as used by FTJCo,
provides miners with a further 5% ecological premium.
Miners have the opportunity to empower themselves through a stronger
base for bargaining, better knowledge of market values, and the
possibility of sourcing pre-financing from prospective buyers.
Certified miners must use safe and responsible practices for management
of toxic chemicals in gold recovery, such as mercury and cyanide, with
the aim of eliminating their use entirely.
The Fairtrade and Fairmined gold will not contribute to conflict or
violence. On the contrary, where certified organisations are located in
conflict areas, increased economic stability, transparency and
traceability from sale of their certified gold may help contribute to
SOURCE Fair Trade Jewelry Company
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