FAIRMINED CREDITS
Positive impact for the ASM sector within everyone’s reach
WHAT ARE THE FAIRMINED CREDITS?
The Fairmined Credits offer a flexible way for the industry to support responsible Artisanal and Small-scale Mining (ASM) organizations by paying the Premium – without physically integrating the metal into supply chains.
This “book and claim” model helps overcome challenges that both miners and industry actors face in establishing fully traceable ASM supply chains. Similar approaches have been successfully used in other industries, such as renewable energy.
✔️ Each Fairmined Credit represents one gram of gold or silver responsibly produced by a Fairmined-certified mine but sold outside the official Fairmined supply chain. This means the mine does not receive the Fairmined Premium through traditional transactions.
✔️ Fairmined Gold Credit Value
1 Fairmined Credit = 1 gram of gold mined by a Fairmined certified mine
Cost per1 Fairmined Credit = $4.70 USD per gram = $4 USD of Fairmined Premium + 0.7 USD ARM’s Development Fee
Fairmined credits for silver are also available. For information on availability and price please contact info@fairmined.org
✔️ By purchasing Fairmined Credits, industry actors directly support responsible mining practices, ensuring miners benefit even when sourcing Fairmined-certified gold is not feasible.
How to Get Started with Fairmined Credits
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The Step 1: Connect with Our Team
The Alliance for Responsible Mining (ARM) issues Fairmined Credits based on the gold (or silver) production of Fairmined-certified mines sold formally but without receiving a premium. By reaching out to our team, you can to learn about available credits, and the certified mines behind them.
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Step 2: Purchase Fairmined Credits
Buy Fairmined Credits with the option that best fits your goals, and ARM ensures your contribution directly supports social and environmental improvements in ASM communities.
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Step 3: Verify Your Impact Claims
Our team will help you align your messaging with Fairmined guidelines, ensuring your responsible sourcing claims are clear and credible.
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Step 4: Track and Share Your Impact
Receive a detailed reports on the positive impact of your contribution. You’ll also get an ARM Membership communication kit to showcase your commitment to responsible mining as a member.
Our team is here to support you every step of the way, making it easy to take action and communicate your impact!
Ways to Purchase Fairmined Credits
Support responsible artisanal and small-scale mining (ASM) through Fairmined Credits in the way that best fits your brand’s values and goals.
Not Sure Which Option is Right for You? Contact us! Our team will be pleased to recommend the option that best fits your needs.
Brilliant Earth: A Full-Cycle Impact Approach
Renowned for its dedication to sustainability in jewelry, Brilliant Earth uses Fairmined Gold to ensure its products contribute positively to mining communities. In addition to sourcing Fairmined gold, Brilliant Earth uis participating in the Fairmined Credits program, and supports initiatives that improve working conditions and environmental management in ASM operations.
Brilliant Earth has taken a full-cycle approach to responsible sourcing by both supporting ASM mines in obtaining Fairmined Certification and later investing in Fairmined Credits to motivate continuous improvement.
Laying the Foundation: Brilliant Earth initially financed the certification of AMATAF, a group of four Fairmined-certified mines in Madre de Dios, Peru, and supported them in transitioning away from mercury-based extraction methods, a project developed in collaboration with Pure Earth and the Alliance for Responsible Mining.
Sustaining Positive Change: Brilliant Earth continued its commitment by purchasing Fairmined Credits from the four mines in AMATAF. Due to their remote location, access to physical export supply chains is challenging, making the Fairmined Credits the perfect solution to provide these mines with the premium needed to maintain certification and implement key operational improvements.
By ensuring ongoing investment in certified mines, Brilliant Earth demonstrates how Fairmined Credits can help secure long-term sustainability and ethical sourcing in ASM communities.
WANT TO SUPPORT OUR CAMPAIGN AND HELP LA GABRIELA MINE REDUCE THEIR CARBON FOOTPRINT?
Angela Jorns - Fair Materials & Mining Team Lead at FairPHONE
“Fairmined credits are a way of directly supporting miners and their communities, and helping to improve the professionalization of artisanal and small-scale mining. We hope the electronics industry will take note and follow our example to help transform the gold industry.”
Ramiro R. - Miner of La Gabriela Mining Organization
“Thanks to the Fairmined credits model, we keep improving our mining practices! Our organization is an example of responsible mining.”
