At Mint Emeralds Limited, our commitment to ethical sourcing and trading is foundational to our operations. We collaborate closely with licensed small- and medium-scale mining (SSMM) entities in Ghana to ensure that the extraction and aggregation of gold and other precious minerals adhere strictly to both local and international standards for responsible and sustainable practices.
Collaboration with Licensed SSMM Entities
We engage exclusively with SSMM entities that are duly licensed by Ghana’s Minerals Commission. This ensures that our sourcing partners operate within the legal frameworks established by the Ghanaian government, promoting transparency and accountability in the mining sector.
Adherence to International Standards
Our sourcing practices align with globally recognized standards, including:
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OECD Due Diligence Guidance: We implement the OECD’s five-step framework to identify and mitigate risks in our supply chain, ensuring that our operations do not contribute to human rights abuses or conflict financing.
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London Bullion Market Association (LBMA) Responsible Gold Guidance: By adhering to LBMA standards, we guarantee that our gold sourcing is free from conflict and meets stringent ethical criteria.
Robust Due Diligence and Risk Assessment
Our due diligence framework includes:
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Know Your Customer (KYC) Procedures: We conduct thorough background checks on all suppliers to verify their legitimacy and compliance with ethical standards.
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Risk Profiling: Each supplier undergoes a comprehensive risk assessment to identify potential issues related to human rights, environmental impact, and financial integrity.
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Continuous Monitoring: We regularly review supplier information to ensure ongoing compliance and address any emerging risks promptly.
These measures are in line with the Ghana Gold Board’s Responsible Sourcing and Supply Chain Sustainability Policy, which emphasizes transparency, traceability, and ethical practices throughout the supply chain.
Commitment to Environmental and Social Responsibility
We prioritize environmental stewardship and social responsibility by:
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Environmental Protection: Encouraging mining practices that minimize environmental degradation, including proper waste management and land rehabilitation efforts.
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Community Engagement: Implementing initiatives that improve the livelihoods of mining communities through education, healthcare, and infrastructure development.
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Fair Labor Practices: Advocating for safe working conditions, fair wages, and the prohibition of child labor within our supply chain.
Our approach aligns with the principles outlined by organizations such as Solidaridad Network, which supports miners in gaining legal status and promotes responsible mining practices.