Good Stuff? - Gold Jewelry
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From Open Pit to Wedding Band
Where did the gold in your ring come from? Most likely, it came directly from the Earth. Of all the gold in use or storage today, two-thirds is newly mined. About two-thirds of this was extracted from immense, open-pit mines in places as far apart as Canada and Papua New Guinea. Once it's extracted, the mine ore is crushed, piled into heaps, and sprayed with cyanide to separate out the gold. Years later, the abandoned waste piles can still release acid and toxic heavy metals into streams, rivers, and groundwater. This is no small matter: the gold produced for a single .33 ounce, 18 karat gold ring leaves in its wake at least 18 tons (20 short tons) of mine waste. Most gold isn't used for essential services. While a small amount is bought by investors or used in electronics, more than 80 percent is made into jewelry—a lucrative pursuit. In the United States, a piece of gold typically sells for at least four times the value of gold. Yet few jewelers can tell you where the gold in their products originated. As a result, it's currently impossible to know if the gold we buy comes from a mine that dumps toxic waste in rivers, violates workers' rights, digs up wilderness areas, or evicts communities under the threat of violence.
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If you have investments such as mutual funds or a retirement account, find opportunities for shareholder activism, such as filing a shareholder resolution calling on mining companies to clean up their act. Learn more from the Northwest Corporate Accountability Project (www.scn.org/earth/wum) and the Social Investment Forum's Shareholder Action Network (www.shareholderaction.org).
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| Attachment | Size |
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| GS0015.pdf | 447.76 KB |
| Attachment | Size |
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| GS0015.pdf | 447.76 KB |
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Between 1995 and 2015, approximately half of the gold produced worldwide has or will come from the traditional territories of indigenous peoples, whose land rights are often not clearly recognized. Even when indigenous groups hold legal title to surface lands, some governments sell off the subsurface rights to mining corporations.
In December 2003, Peru's mining ministry blocked a Canadian mining company's proposed open-pit gold mine in Tambogrande. This decision was a major victory for the local farming community, which had voted against the mine in June 2002.

Take the No Dirty Gold consumer pledge 