Fairtrade was set up by a group of international development and civil rights NGOs, including Global Justice Now, Traidcraft, CAFOD, Christian Aid, Oxfam, and the National Federation of Women’s Institutes. It is built around the needs of the disadvantaged workers who produce raw materials and goods for consumers.
Most small-scale gold miners are subsistence workers, who barely make enough to feed their families. The Fairtrade system provides security. It is based on the idea of a fair price for the goods that workers produce. Unlike other standard setting systems, it guarantees a Fairtrade Minimum Price for all workers and producers. For gold that price must be at least 95% of the international market price.