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Fair Trade and Green Mining
May 2013
Presentation by
Larry Bohlen, President
Green Leaf Gold
Mission of Green Leaf Gold
 Bring Fair Trade,
ecologically mined
gold to the jewelry
market.
 Train miners how to
reduce and eliminate
mercury pollution.
 Publicize the green,
Fair Trade, triple
bottom line model to
transform the mining
industry.
Triple Bottom Line
A business focused on people,
profit and the planet.
Investors, employees,
customers and the
environment benefit from
clean and ethical practices
a.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 work
conditions
 Emphasizes green production
 Provides 10-15% bonus to
miners as an incentive
 Green Leaf Gold is first in
U.S. to seek certification
Green Leaf Gold Will Address:
 Pollution
 Poverty
 Profitability of the green and Fair Trade
model
Problem: Pollution
Mercury used to mine
gold is burned and
released into the air,
about 1400 tons/yr!
Falls into the water.
Enters the food supply
for people
and
animals.
Problem: Gold mining is now the
largest source of mercury pollution
Solution: Mercury Reduction
 Miners can use a “retort”
to capture and recycle
90% of mercury used
 Gravity tables and centrifuges
can eliminate mercury use.
Problem: Poverty
 20 million small and
artisanal miners seek a
living from gold.
 Majority of gold is located
in the poorest areas of
the world.
 Wages are extremely low
– less than $2,000/yr –
but gold prices are high!
 Lack of awareness,
technical support, and
funds leads to open air
use of mercury, poisoning
workers and families.
Solution: Fair Wages and
Sustainable Development
 Green Leaf Gold pays a
living wage of at least
$300/month (while many
miners only receive
$150/month)
 Provides health care,
insurance against injury
and investment in local
community.
 Will help miners develop
secondary businesses that
outlive the mine to ensure
sustainability.
Profitability
 Going green and implementing
Fair Trade practices can cost
more. Equipment and training
are an issue.
 Fair Trade standard provides
minimum of 15% over market
price for gold. This helps to
pay for the added costs.
 By applying the premium to
restoration and to worker well-
being, issues that stop many
from succeeding can be
avoided.
Green and Fair Trade Jewelry
 A number of jewelers
offer Green and Fair
Trade jewelry and the
field is growing
 See links at
www.GreenLeafGold.com
Green and Fair Trade Bullion!
Experiments in Green and
Fair Trade investment
grade bullion include:
 HARMONY “Hooverand”
recycled coins and ingots
 Artisanal Gold Council
coin
 But, no ETF, mutual
funds, or angel funds!
Building the New Fair and
Green Gold Economy
 Recycle old jewelry to reduce
demand for newly mined
material
 Buy green, ethical, and Fair
Trade jewelry
 If you invest in gold, look for
green and Fair Trade bullion
products or help develop this
new market with your own
product!
 Join us at:
Facebook.com/GreenLeafGold
Contact
410-807-0213
FairTrade@GreenLeafGold.com
www.GreenLeafGold.com
Contact:
Resources
 Alliance for Responsible Mining
 Artisanal Gold Council
 Fair Jewelry Action
 www.GreenLeafGold.com/Resources

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Green Leaf Gold - Fair Trade and Green Mining

  • 1. Fair Trade and Green Mining May 2013 Presentation by Larry Bohlen, President Green Leaf Gold
  • 2. Mission of Green Leaf Gold  Bring Fair Trade, ecologically mined gold to the jewelry market.  Train miners how to reduce and eliminate mercury pollution.  Publicize the green, Fair Trade, triple bottom line model to transform the mining industry.
  • 3. Triple Bottom Line A business focused on people, profit and the planet. Investors, employees, customers and the environment benefit from clean and ethical practices a.k.a. socially responsible, eco-entrepreneurial, ethical
  • 4. Fair Trade Standard for Gold  Issued for gold in March 2010  Similar to coffee, chocolate, clothing and bananas  Requires fair wages and work conditions  Emphasizes green production  Provides 10-15% bonus to miners as an incentive  Green Leaf Gold is first in U.S. to seek certification
  • 5. Green Leaf Gold Will Address:  Pollution  Poverty  Profitability of the green and Fair Trade model
  • 6. Problem: Pollution Mercury used to mine gold is burned and released into the air, about 1400 tons/yr! Falls into the water. Enters the food supply for people and animals.
  • 7. Problem: Gold mining is now the largest source of mercury pollution
  • 8. Solution: Mercury Reduction  Miners can use a “retort” to capture and recycle 90% of mercury used  Gravity tables and centrifuges can eliminate mercury use.
  • 9. Problem: Poverty  20 million small and artisanal miners seek a living from gold.  Majority of gold is located in the poorest areas of the world.  Wages are extremely low – less than $2,000/yr – but gold prices are high!  Lack of awareness, technical support, and funds leads to open air use of mercury, poisoning workers and families.
  • 10. Solution: Fair Wages and Sustainable Development  Green Leaf Gold pays a living wage of at least $300/month (while many miners only receive $150/month)  Provides health care, insurance against injury and investment in local community.  Will help miners develop secondary businesses that outlive the mine to ensure sustainability.
  • 11. Profitability  Going green and implementing Fair Trade practices can cost more. Equipment and training are an issue.  Fair Trade standard provides minimum of 15% over market price for gold. This helps to pay for the added costs.  By applying the premium to restoration and to worker well- being, issues that stop many from succeeding can be avoided.
  • 12. Green and Fair Trade Jewelry  A number of jewelers offer Green and Fair Trade jewelry and the field is growing  See links at www.GreenLeafGold.com
  • 13. Green and Fair Trade Bullion! Experiments in Green and Fair Trade investment grade bullion include:  HARMONY “Hooverand” recycled coins and ingots  Artisanal Gold Council coin  But, no ETF, mutual funds, or angel funds!
  • 14. Building the New Fair and Green Gold Economy  Recycle old jewelry to reduce demand for newly mined material  Buy green, ethical, and Fair Trade jewelry  If you invest in gold, look for green and Fair Trade bullion products or help develop this new market with your own product!  Join us at: Facebook.com/GreenLeafGold
  • 16. Resources  Alliance for Responsible Mining  Artisanal Gold Council  Fair Jewelry Action  www.GreenLeafGold.com/Resources