In a bid to improve livelihoods of miners working in dangerous conditions and ensure ethical standards CRED Jewellery has imported the world’s first fairtrade silver into Britain
by David Brough, MineWeb.com
A jewellery retailer has imported the world’s first “Fairtrade” and “Fairmined” silver to Britain, in a bid to improve livelihoods of miners working in dangerous conditions and ensure ethical standards and traceability.
“Fairtrade” silver pays a premium price to poor, independent miners, who represent the vast majority of the labour force mining precious metals globally.
CRED Jewellery, based in Chichester in southern England, has imported some 3 kg. of the silver, extracted from the remote Sotrami mine in Peru, one of the mines certified as Fairtrade and Fairmined.
I don’t buy the whole “fairtrade” argument. A good example of the corruption that comes about is the Kimberley process where diamonds are supposed to be conflict free. This has been rorted by many goverments. Fairtade is western feel-good tokenism that holds back progress and holds the poor in agrarian poverty.