CONNECTING ARTISANAL AND SMALL-SCALE GOLD MINING WITH THE GLOBAL FINANCIAL MARKET
ASM Mines
Gold mining generates direct income for 20 million people around the globe, mainly Artisanal and Small scale Mining (”ASM”), and employs many women. The gold industry recognizes supporting gold ASMs have a very important economic role for the local communities and their social and environmental footprint can be greatly improved for their own benefit. Dirty gold has harmful consequences whereas positive gold is a tool for development.
For SWISS POSITIVE GOLD+ ®, it is crucial to integrate artisanal miners into the formal gold value chain to mitigate the impact of illegal gold mining and provide better regulation of this activity. Initiatives such as the Swiss Better Gold Association (SBGA) play a key role in this regard. SBGA empowers artisanal miners and adopts a stepwise approach to support ASM miners to reach advanced social and environmental criteria and become eligible responsible gold producers.
They demonstrate that it is possible to formalize artisanal mining and incorporate this gold into responsible value chains. However, much work remains to be done to scale these models globally.
SWISS POSITIVE GOLD contributes to this value chain by offering the best access to impact gold.
FOCUS ON TRANSPARENCY AND TRACEABLE GOLD
- At SWISS POSITIVE GOLD+ ® we are dedicated to raising awareness about the importance of traceable, sustainable, and ethically sourced gold. By advocating for transparency and responsible practices, we aim to educate and engage stakeholders — from the public through industry leaders to investors — on the transformative potential of responsible gold sourcing.
- Traceability is a cornerstone of the Swiss Positive Gold® initiative, ensuring transparency throughout the entire value chain—from the gold’s source to its final form. The key innovations that makes this possible are the traceability solutions developed by IT specialists and refiners, like the Provenance @MKS PAMP,
Engagement & Impact
To Help Scale The UN Sustainable Development Goals In The Gold Sector
The SWISS POSITIVE GOLD+® initiative, under the patronage of de Pury Pictet Turrettini, aims to empower the force for good of the capital markets and engage them by offering innovative solutions to get access to and invest in responsible and positive impact gold.
Through this partnership and ecosystem along the gold mining value chain, Switzerland must ensure that “Swiss-made” gold is more responsible and creates a greater positive impact. This is where the Swiss Better Gold initiative offers a real solution. The initiative encompasses a process of continuous improvement consisting in reaching 16 ESG criteria to enforce the right attitude and processes from miners to refiners, and finally the capital markets.
Primary beneficiaries are the miners and their communities including the environment.
