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Fairmined Gold versus Recycled Gold: Which is Better?

May 01, 2020

Fairmined Gold versus Recycled Gold: Which is Better?

 

 

This post is about fairmined gold and how it compares to recycled gold. I’m sure you have all heard of recycled gold but fairmined gold is a more ethical and more eco-friendly choice for fine jewelry.


When it comes to ethical and eco-friendly fine jewelry, you really just have two choices: you have fairmined gold or you have recycled gold. 


What is Fairmined Gold?

Fairmined gold is gold that comes from our artisanal small scale mines, and has to go through a rigorous certification process to ensure that it meets a number of criteria to certify it fairmined. 


What is Recycled Gold?

Recycled gold is gold that is previously part of another piece of jewelry and it's been melted down and refined, and cast again and made into a new piece of jewelry.


The good thing about gold is that it can be infinitely recycled, it can be melted down millions of times and never lose its integrity. It just needs to be remixed with other alloys to make up the carat of the gold.


My collection is predominantly fairmined gold for all the cast pieces and elements, but for a lot of the findings, and chains, and clasps, they come in recycled gold.

fairmined gold versus recycled gold


Is Fairmined Gold Traceable?


Fairmined gold is fully traceable thanks to ARM and SCS global services. When talking about our gold, our gold comes from artisanal small scale mines in Columbia and Peru. Every player in the fairmined supply chain has to be certified fairmined from the miners, to recovery, to the person who brings it to market. At this time only small scale artisanal mines can be certified fairmined.


Is Recycled Gold Traceable?


Recycled gold cannot be traced. It's pretty much impossible unless you're dealing with heirloom gold, but that's really rare. So you have to consider that recycled gold could come from a number of sources including being originally mined in a way in recent history that harmed people and the planet. 


Is Fairmined Gold Ethical?


Fairmined gold is very ethical as the name implies. The miners are paid a fair living wage and their communities flourish. Fairmined certified mines have to have safe working conditions, they have to have gender equality, they also cannot employ children, and they cannot finance conflict.


Buying recycled gold hasn't reduced the demand for gold mining, but buying fairmined gold has made a noticeable difference in the lives of miners that would otherwise be at great risk.


Is Recycled Gold Ethical?


I would say that recycled gold isn't really ethical. I would say it's neutral. It originally came from mines who mistreated their employees, underpaid them, and exposed them to dangerous working conditions.


Is Fairmined Gold Eco-Friendly?


Fairmined mines are eco-friendly because they have to meet a number of rigorous standards for handling of toxic chemicals and also for protecting the environment. Fairmined mines ensure that there's no drinking water contamination, and that there's a positive environmental legacy for their surrounding environment.


Is Recycled Gold Eco-Friendly?


I would argue that recycled gold isn't really eco-friendly because it still needs to be mined in a way at its origin where it contributes to deforestation and polluting of drinking water. Like I said, recycled gold isn't decreasing the demand for gold mining, so we can't really say yet that it's making a positive impact, we should still be recycling gold of course, but the answer is fairmined gold.


I hope you enjoyed my discussion on fairmined gold versus recycled gold. As you can tell, I'm a huge fan of fairmined gold. Fairmined gold is making a huge difference in the gold mining industry and for jewelers it's just a no brainer choice to use. Your purchase really helps improve the lives of so many people in the supply chain, and it should be the standard for gold everywhere.


Thanks for reading and let me know what you think in the comments below!




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