Metalor Group – The first and only LBMA approved precious metals refiner in the world to offer certified Fairmined Gold
Neuchâtel (Switzerland) – October 2, 2014
As another demonstration of its increasing commitment to ethical practices, Metalor is honored to announce that it has been authorized as a Fairmined Refiner by the Alliance for Responsible Mining (ARM).
This allows Metalor to offer refining services in Fairmined Gold upon request and to provide fully traceable Fairmined Gold, throughout the entire supply chain from the mines up to the retail jewelers, via the Fairmined Labeled sourcing model.
Also, the Swiss-based Group will be able to offer 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 honored to be the first and only LBMA approved 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 jewelry, 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. As a Fairmined Operator, Metalor 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.
With this certification, Metalor continues to strengthen its actions in 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 email@example.com
For press inquiries, interviews and photos please contact:
Siri Teilmann-Ibsen, Communications Coordinator at the Alliance for Responsible Mining, (574) 322 4711, firstname.lastname@example.org
Véronique Vergriete, Group Communications Manager at Metalor, email@example.com
About the Alliance for Responsible Mining (ARM)
The Alliance for Responsible Mining (ARM) is an independent, global-scale, pioneering initiative established in 2004 to enhance equity and wellbeing in Artisanal and Small-scale Mining (ASM) communities. ARM is committed to social justice and environmental responsibility as the values driving the transformation of ASM.
ARM's vision is for ASM to become a formalized, organized and profitable activity that uses efficient technologies and is socially and environmentally responsible. ARM’s work is focused on four strategic areas: Standard Setting, Producer Support, Market Development and Advocacy and Communications.
Fairmined is an assurance label that certifies gold from empowered responsible mining communities. It is backed by a rigorous 3rd party certification and audit system that ensures that small entrepreneurial mining communities meet world leading standards for responsible practices. Fairmined transforms mining into an active force for good, ensuring social development and environmental protection providing everyone with a source of gold they can be proud of.
About Metalor group
Metalor is a leading responsible player in the precious metals trade.
Through its three business units (Refining, Advanced Coatings and Electrotechnics) Metalor serves customers on all continents in a variety of industry sectors, from Swiss watch manufacturers to Mexican electrical equipment suppliers.
The Group’s core competencies are chemistry, metallurgy and the management and transformation of precious metals.
Since its creation in 1852, Metalor’s corporate culture has been founded upon honesty and integrity at all levels of the Company.
Metalor’s primary objective is to create exceptional value for its customers, stakeholders and shareholders, within a culture of performance, innovation, trust, respect and ethics.
With subsidiaries all over the world, and more than 1700 employees, the Metalor Group is present in Europe, the United-States, South-America and Asia.
In 2013, Metalor’s net sales amounted to CHF 337 million.
For more information about Metalor, you can visit our website at: www.metalor.com
About the London Bullion Market Association
The LBMA is the international trade association that represents the wholesale over-the-counter market for gold and silver bullion. The LBMA undertakes many activities on behalf of its members and the wider market, including the setting of good delivery and refining standards, the organization of conferences and other events, and serving as a point of contact for the regulatory authorities. For more information, please visit www.lbma.org.uk. Register for the LBMA conference in Lima, Peru on 9-11 November, 2014 here
The Responsible Jewellery Council is an international not‐for‐profit standards and certification organization. It has more than 500 Member companies that span the jewelry supply chain from mine to retail. RJC Members commit to and are independently audited against the RJC Code of Practices – an international standard on responsible business practices for diamonds, gold and platinum group metals. The Code of Practices addresses human rights, labor rights, environmental impact, mining practices, product disclosure and many more important topics in the jewelry supply chain. RJC also works with multi‐stakeholder initiatives on responsible sourcing and supply chain due diligence. The RJC’s Chain‐of‐Custody Certification for precious metals supports these initiatives and can be used as a tool to deliver broader Member and stakeholder benefit.
The RJC is a Full Member of the ISEAL Alliance – the global association for sustainability standards. For more information on RJC Members, Certification, and Standards please visit www.responsiblejewellery.com