I have been working on the launch and development of Fairtrade and Fairmined Gold into the UK market for the last four years. This past week has been a rollercoaster of emotions for me and the whole team who have worked to launch certified gold products.
To help announce and celebrate the launch the Fairtrade Foundation has been joined by Juana Pena Endara, Senior President of Cotapata (the first Fairtrade and Fairmined certified mining cooperative) in Bolivia and Manuel Reinoso Rivas, Vice Chair of the Alliance for Responsible Mining (ARM) and miner from Peru. For Juana this week has been her first trip abroad and Manuel to the UK.
We have been visiting the Spring Fair in Birmingham where Juana and Manuel spent time with Weston Beamore and the Assay Office learning about how gold is cast into jewellery and then hallmarked to show the authenticity of the gold content. Fairtrade and Fairmined certified products will now also be stamped with the Fairtrade and Fairmined dual stamp. Manuel mentioned how interested it was to see what happens to the gold once it leaves South America. Another highlight of the day was riding on a fast-tilting train from London – a first for both Juana and Manuel.
Last Tuesday was spent preparing presentations for the press briefing event on Wednesday morning and a practise presentation to the Fairtrade Foundation staff on all the different pieces of work which had to be completed to make the launch possible. The whole team including Juana and Manuel (our star speakers) were very nervous, but they both spoke from the heart.
The press briefing was attended by over 120 people – there was standing room only. There were other speakers including Greg Valerio from Cred and jeweller Stephen Webster who made everyone laugh, but emotions really ran high when Juana unveiled the first ever certified Fairtrade and Fairmined gold bar from her mine. Many in the room felt themselves welling up as Juana received a standing ovation. The whole audience including journalists, NGOs and commercial partners were captivated by the strong messages from artisanal and small scale miners. The gold bar represented not only the hard work of many people including the artisanal miners who helped develop the Fairtrade and Fairmined gold standards but also the challenges which Juana, a single mother of four, has been through to now receive a better price and Fairtrade premium. The premium will be used as her mining organisation choose to invest into their business or social development projects. In fact at today’s price that bar is worth £2,000 in Fairtrade premium and £24,000 according to LBMA – no wonder Juana always kept an eye on it!
Juana, Manuel, the gold bar and several photographers headed off to the London Assay Office, where the first piece of certified gold was stamped with the Fairtrade and Fairmined dual stamp. Juana, who helped to stamp her gold bar, said she never knew that this was done to jewellery and was especially surprised to learn that hallmarking in the UK has been a legal requirement for over 500 years. In the evening the Fairtrade and ARM team celebrated their hard work and the launch with pizza and drinks.