The first piece of jewellery crafted in fairtrade gold from Africa will be unveiled in London today.
Champions of ethics in the industry, Cred Jewellery, will showcase a signet ring at the Goldsmiths Centre in Farringdon tonight – which has been crafted in the precious and fair metal, and designed to represent this momentous occasion.
The signet ring features a map of Africa and the fairtrade hallmark positioned on Uganda where the first fairtrade gold came from.
Cred Jewellery director, Alan Frampton, shares: “Cred Jewellery has been at the forefront of ethical jewellery in the UK for many years and todays launch continues our work with small scale miners to improve their lives by offering them fair prices in return for responsible supply of ethically mined gold.
“The Fairtrade foundation in Africa has worked tirelessly over the last three years to help the miners achieve accreditation. They have been supported by Comic Relief whose funding has been invaluable.”
The gold has come from the Syanyonja Miners group, which Cred has named its new cluster diamond engagement rings after.
Conditions are hard for miners and before Fairtrade arrived the people working at the Syanyonja mine were earning between $1-2 a day and being paid 60% of the LBMA for their gold. Now they are getting 95% of the LBMA and $2,000 a kilo premium which goes to help the local social action projects.