Fair Trade and Green MiningMay 2013Presentation byLarry Bohlen, PresidentGreen Leaf Gold
Mission of Green Leaf Gold Bring Fair Trade,ecologically minedgold to the jewelrymarket. Train miners how toreduce and eliminatemercury pollution. Publicize the green,Fair Trade, triplebottom line model totransform the miningindustry.
Triple Bottom LineA business focused on people,profit and the planet.Investors, employees,customers and theenvironment benefit fromclean and ethical practicesa.k.a. socially responsible,eco-entrepreneurial, ethical
Fair Trade Standard for Gold Issued for gold in March 2010 Similar to coffee, chocolate,clothing and bananas Requires fair wages and workconditions Emphasizes green production Provides 10-15% bonus tominers as an incentive Green Leaf Gold is first inU.S. to seek certification
Green Leaf Gold Will Address: Pollution Poverty Profitability of the green and Fair Trademodel
Problem: PollutionMercury used to minegold is burned andreleased into the air,about 1400 tons/yr!Falls into the water.Enters the food supplyfor peopleandanimals.
Problem: Gold mining is now thelargest source of mercury pollution
Solution: Mercury Reduction Miners can use a “retort”to capture and recycle90% of mercury used Gravity tables and centrifugescan eliminate mercury use.
Problem: Poverty 20 million small andartisanal miners seek aliving from gold. Majority of gold is locatedin the poorest areas ofthe world. Wages are extremely low– less than $2,000/yr –but gold prices are high! Lack of awareness,technical support, andfunds leads to open airuse of mercury, poisoningworkers and families.
Solution: Fair Wages andSustainable Development Green Leaf Gold pays aliving wage of at least$300/month (while manyminers only receive$150/month) Provides health care,insurance against injuryand investment in localcommunity. Will help miners developsecondary businesses thatoutlive the mine to ensuresustainability.
Profitability Going green and implementingFair Trade practices can costmore. Equipment and trainingare an issue. Fair Trade standard providesminimum of 15% over marketprice for gold. This helps topay for the added costs. By applying the premium torestoration and to worker well-being, issues that stop manyfrom succeeding can beavoided.
Green and Fair Trade Jewelry A number of jewelersoffer Green and FairTrade jewelry and thefield is growing See links atwww.GreenLeafGold.com
Green and Fair Trade Bullion!Experiments in Green andFair Trade investmentgrade bullion include: HARMONY “Hooverand”recycled coins and ingots Artisanal Gold Councilcoin But, no ETF, mutualfunds, or angel funds!
Building the New Fair andGreen Gold Economy Recycle old jewelry to reducedemand for newly minedmaterial Buy green, ethical, and FairTrade jewelry If you invest in gold, look forgreen and Fair Trade bullionproducts or help develop thisnew market with your ownproduct! Join us at:Facebook.com/GreenLeafGold