Our work with the mines does not start and end with our Fairtrade obligations. We choose to work with Fairtrade because it is a great system to help communities, but our relationships with our producers go much deeper.
WHY WE LOVE FAIRTRADE
Fairtrade recognises the importance of community wide approach to move toward real sustainable development. The miners earn a guaranteed fair price, at least 95% of the international market rate for the gold they mine (Cred pays 99% to the miners). An additional $2,000 for every kilo of Gold produced and sold as Fairtrade is paid as the Fairtrade Premium. This money goes into a community fund and a committee elected by the community decide how it should be spent.
Through fundraising efforts and community involvement we are able to give more support when and where it is needed. We raise money publicly and at industry events, for projects chosen by Cred and the miners to support those who need it most. Many of these projects make a point of supporting women and children.
