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Friday, June 27, 2014

New coin marks single biggest purchase of Fairtrade gold

The move amounts to 2,500 gold coins and represents the single biggest purchase of Fairtrade gold. The coins carry both the Fairtrade and the Fairmined labels.
 To make the coins, smallscale artisanal miners from Aurelsa and Sotrami in Peru had to produce a significant 15 kilos of gold certified on Fairtrade terms. As well as the fair price the miners were paid, the organisations received a development premium of €34,000 that will be used for carrying out social projects.
http://www.retail-jeweller.com/news/new-coin-marks-single-biggest-purchase-of-fairtrade-gold/5061644.article

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