Despite producing an estimated 20% of the world’s annual supply of newly mined gold, the ASGM sector has traditionally had challenges connecting with the formal world gold market. While numerous formal buyers - from refiners to jewelers to premium-offering gold buying schemes - are all eager for gold produced by artisanal and small-scale gold miners, meeting rigorous standards for due diligence standards and responsible sourcing poses a challenge. This study examines the role that can be played by supply chain technologies in facilitating conformity with the planetGOLD Criteria by looking at specific types of supply chain solutions, including due diligence, traceability and block-chain solutions, and analyzing their capacity for establishing and strengthening market links between planetGOLD producers and formal gold market buyers.
Topics:
Knowledge Areas: