Prestige (Singapore)

SUPPLYCHAI­N AID

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Chopard has partnered with the Swiss Better Gold Associatio­n (SBGA) on a groundbrea­king project to source gold from Colombian artisanal miners. El Chocó is Colombia’s secondlarg­est gold-producing region, but also one of the country’s poorest. The Barequeros are artisanal gold miners of whom 46 per cent are women. They use local traditiona­l alluvial mining techniques with hand equipment such as sluices and panning. Their methods use no mercury, thus protecting the region’s biodiversi­ty, which is among the most unique in the world. The programme ensures that the Barequeros receive a competitiv­e price and also a special SBGA Better Gold Incentive of US$0.70 (S$0.97) per gram for them to reinvest into improving their living and working conditions. To date, 500 Barequeros have benefited from this initiative.

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