© ARM
October 2nd 2014
As another demonstration of the gold industry’s increasing commitment to ethical practices and certification systems, the Alliance for Responsible Mining (ARM) is happy to announce its recent authorization of Metalor as a Fairmined Refiner.
Metalor is a leading worldwide precious-metals refiner. With subsidiaries in 17 countries, the Swiss-based group will be offering refining services in Fairmined gold upon request. Metalor will be able to provide fully traceable Fairmined gold via the Fairmined Labeled sourcing model as well as offering certified gold through Fairmined’s new innovative sourcing model “Fairmined Incorporated”. Fairmined Incorporated provides the gold sector with a flexible way of integrating Fairmined certified materials into supply chains while reducing some of the barriers and costs associated with fully traceable gold.
“As a responsible multinational Group, Metalor continuously deploys efforts to ensure the precious metals it refines and transforms come only from legitimate sources. We are extremely proud to be the first and only LBMA precious-metals refiner in the world to offer refining services in Fairmined gold. This successful achievement represents a further proof of our leadership and proactive ethical conduct and of our ongoing commitment to socially responsible business practices”, said Reto Steiner, Sales and Marketing Director of Metalor Refining.
“We are proud to have Metalor join the group of Fairmined operators, who are such an important part of the Fairmined supply chain. Metalor’s commitment to sourcing Fairmined certified gold following all system requirements regarding premiums, traceability, reporting and communications represents a sustainable opportunity to drive positive change in the artisanal mining sector and in the jewellery, financial and electronics industry “, said Lina Villa-Córdoba, Executive Director of the Alliance for responsible Mining.
In the Alliance for Responsible Mining, one of the priorities is connecting Fairmined certified miners with brands interested in supporting responsible mining communities. Having Metalor as Fairmined Operator contributes to this goal and facilitates the brands’ access to Fairmined certified gold enabling them to make a real difference in the quality of life for Artisanal and Small-scale miners and their families. The response from the gold sector has been very positive towards the renovated Fairmined Standard and business model and Alliance for Responsible Mining is seeing an increase in interest and commitment from a broad range of actors that want to be part of transforming mining into an active force for good.
For RJC members, it should be noted that Fairmined materials qualify for RJC Chain of Custody (CoC), which Metalor is capable of supplying.
To inquire about sourcing Fairmined gold please contact gro.g1778049523ninim1778049523ytinu1778049523mmoc@1778049523retro1778049523phten1778049523nek1778049523
Download official press release in English, Spanish and French.