SUSTAINABILITY AND ETHICS
Gold Bullion: A Liquid, Tangible, and Safe Haven Asset
Responsible Sourcing
- How Global Minerals Position Ensures Ethical Sourcing of Gold:
Ethical sourcing is at the core of our operations. We work exclusively with suppliers who adhere to internationally recognized standards, such as the Responsible Gold Mining Principles (RGMP) and the OECD Due Diligence Guidance for Responsible Supply Chains. This ensures that the gold we source is free from conflict, human rights abuses, and illicit practices.
- Partnerships with Suppliers Adhering to Sustainability Practices:
We maintain long-term partnerships with mines and refineries that prioritize sustainable operations. These partnerships focus on transparency, traceability, and compliance with environmental and social governance (ESG) criteria. All our suppliers undergo regular audits to verify adherence to ethical and sustainable practices.
Environmental Impact
- Efforts to Minimize Environmental Damage in Mining and Refining:
The gold industry has a significant environmental footprint, but we are committed to minimizing its impact. We actively work with suppliers who implement sustainable mining techniques, such as:- Reduced use of harmful chemicals like cyanide and mercury.
- Reclamation projects to restore ecosystems after mining operations.
- Water conservation practices to minimize the strain on local water resources.
- Additionally, we support the development of green refining technologies that lower carbon emissions and energy consumption during gold purification processes.
Social Responsibility
- Contributions to Local Communities and Fair Trade Practices:
We believe that gold sourcing should benefit not just investors and refineries but also the communities where it is mined. To this end:- We support suppliers who provide fair wages and safe working conditions for miners.
- A portion of our revenue is reinvested into local communities through initiatives such as building schools, healthcare facilities, and infrastructure improvements.
- We prioritize fair trade practices by ensuring miners receive fair compensation and access to resources that improve their livelihoods.
- Promoting Equity and Inclusion:
We collaborate with organizations that work to empower marginalized groups, including women and indigenous communities, within mining regions. By fostering equitable opportunities, we aim to create a positive and lasting social impact.