Photo: Ute Decker
Twenty jewellers signed up this week (on Valentine’s Day) to sell the world’s firstFairtrade and Fairmined certified gold. A new partnership between the Fairtrade Foundation and the Alliance for Responsible Mining (ARM) will provide certified gold.
A Bolivian mining co-operative, Cotapata, is the first to be certified but more mines in Peru and Colombia are due to receive certification within the next couple of months.
Twenty jewellers, including some big ones like Stephen Webster, Garrard and Ingle & Rhode have already agreed to sell the gold. The Fair Trade Foundation hopes to roll it out in other countries over the coming months and aims to capture at least five percent of the gold jewellery market by 2026.