We have developed the Fairmined Standard in conjunction with 130 stakeholders from Latin America, Africa, North America and Asia via public consultation between 2012 and 2014. Its objective is supporting the sustainable development of artisanal and small-scale mining organizations (ASMOs), and it is used as a market tool based on the demand for ethically produced and marketed minerals and materials.
The Fairmined Standard includes requirements for responsible mining organizations, such as formal and legal mining operations, environmental protection, improved working conditions, traceability of Fairmined minerals and also socio-economic development via the Fairmined Premium. Likewise, it specifies the requirements that must be met by the other participants in the responsible supply chain.
Fairmined Standard for Gold and Associated Precious Metals
V2.0 ARM / April 5, 2014
Version 2.0 of the standard has an updated structure for ease of access. It includes:
- The Fairmined Standard (addresses: ASMOs, the First Authorized Buyer, all the way through the supply chain to where Fairmined Gold is refined to its purest form)
- The Market Annex (addresses: Fairmined Suppliers and Licensees)
- Glossary of terms
- Fairmined Premium Explanatory document
- The Fairmined Development Fee Explanatory Document
- Mechanism for pilot testing of Fairmined Standard 2.0 amendments
- Consultation Results Synopsis
- Pilot amendment project for fairmined incorporated’s segregated refining criteria
- Pilot amendment project for the composition rules of fairmined labeled products