Connect with us

Press Releases

First Batch of Sustainable Salmon Gold Enters Supply Chains of Tiffany & Co. and Apple

Miners, manufactures, retailers, and conservationists partner in new resolve initiative on responsible gold sourcing and fish habitat restoration in Alaska and Canada.

mm

Published

on

Edzerda, DEsposito, Wright

(PRESS RELEASE) WASHINGTON, DC — One hundred and twenty years after the first miners began panning for gold in the Yukon River, RESOLVE, a solutions-focused NGO, announced the launch of Salmon Gold, an innovative approach to sourcing gold responsibly and restoring fish habitats in Alaska, the Yukon Territory, and British Columbia, with its partners, Tiffany & Co. and Apple.

Gold from the project is now in the supply chains of Tiffany & Co. and Apple.

Podcast: The 12 Days of Christmas … Like You’ve Never Heard It Before
Over the Counter

Podcast: The 12 Days of Christmas … Like You’ve Never Heard It Before

Podcast: Aleah Arundale Tells Why She Created Jewelers Helping Jewelers
JimmyCast

Podcast: Aleah Arundale Tells Why She Created Jewelers Helping Jewelers

Podcast: Jenny O Calleri Takes on Her Biggest Challenge Yet — Store Ownership
The Barb Wire

Podcast: Jenny O Calleri Takes on Her Biggest Challenge Yet — Store Ownership

Salmon Gold targets streams and habitat impacted by historical tailings, the residue left over from old placer gold mining sites, which can prevent fish like salmon and grayling from migrating and spawning.

The initial phase of Salmon Gold focused on re-mining and restoring part of Jack Wade Creek, a tributary of the Fortymile River in Alaska. RESOLVE worked with a local placer miner and government agencies to test restoration methods, process recovered gold, and establish a chain-of-custody for the first batch of Salmon Gold from the mine to manufacturers.

By producing gold that supports restoration, Salmon Gold meets the needs of manufacturing and retail companies that responsibly source minerals for their products. After the pilot phase, RESOLVE will work with partners to expand Salmon Gold’s impact and turn it into a self-sustaining social enterprise that achieves restoration and revitalization of fish habitat at scale.

“Salmon Gold is a restoration start-up,” said Stephen D’Esposito, president of RESOLVE. “The idea of local placer miners working with restoration experts to provide gold to jewelry and technology companies while also restoring habitats for salmon and grayling is unique—each of our partners brings a piece of the solution to Salmon Gold.”

Advertisement

“At Tiffany & Co., we are committed to safeguarding critical ecosystems, including in majestic Alaska and its precious salmon habitats, a place that we have long advocated for. Salmon Gold proves that responsible mining practices and restoration of important ecosystems in Alaska, the Yukon, and British Columbia can go hand in hand. We are proud to collaborate with a diverse group of stakeholders to demonstrate the viability of this unique approach and hope to learn from its successes,” said Anisa Kamadoli Costa, chief sustainability officer, Tiffany & Co.

“As we work to increase our use of recycled materials, we are looking for innovative approaches to source gold responsibly,” said Paula Pyers, head of Apple’s supplier responsibility program. “Our collaboration on Salmon Gold proves it is possible to protect our planet, restore ecosystems and fish habitats, and mine gold responsibly. The blockchain technology we are using with the project allows us to know exactly where the gold originated from as it works its way through our supply chain.”

At Jack Wade Creek, Salmon Gold partnered with Dean Race and his two sons, Chris and Dakota, placer miners and restoration entrepreneurs.

“This part of Alaska is pretty special,” Dean Race said. “We believe that if you disturb the land you should put it back the way it was or better. We are part of Salmon Gold because we want our gold and our restoration to make a difference, and we want to fish for grayling in these streams.”

With the success of the initial phase of Salmon Gold, the project has expanded beyond the Fortymile River with new sites now at Sulphur Creek, in the Yukon Territory of Canada, and Gold Creek, north of Talkeetna, Alaska.

Additional sites throughout Alaska, the Yukon, and British Columbia are now under consideration. Salmon Gold will continue to support stream restoration pilots over the next few years and then scale-up to target restoration at a watershed level.

Advertisement

“We want to show that responsible placer gold mining and good habitat restoration can be aligned in the Yukon. Our Sulphur Creek project is the first Canadian pilot,” said Peter Wright, placer miner and Salmon Gold partner.

“I’ve always tried to take care of Gold Creek, to do more than the reclamation requirements. Salmon Gold gives me and other placer miners an opportunity to help repopulate salmon in streams,” said Tod Bauer, placer miner and Salmon Gold partner.

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Having a Moving Sale? Let Wilkerson Do the Heavy Lifting

For Jim Woodard, owner of Woodard’s Diamonds & Design in Tullahoma, Tenn., when it was time for a moving sale, there was only one company to help with the event: Wilkerson. “They brought in the right team for us,” he says, remarking about the sale’s extraordinary results, including a nearly 500% monthly sales increase compared to the previous year. “I wanted to have the best in the industry. And that’s the main reason why I contacted Wilkerson.”

Promoted Headlines

Press Releases

Diamond Empowerment Fund Now Doing Business As Diamonds Do Good

The change will be celebrated at DDG’s signature event June 1 in Las Vegas.

mm

Published

on

(PRESS RELEASE) NEW YORK – Seizing on the simplicity, significance and resonance of its “Diamonds Do Good” tagline, the Diamond Empowerment Fund announced that it will evolve its business name to Diamonds Do Good. In keeping with the change, the non-profit organization has reimagined its logo and will be doing the same to its signature Las Vegas event held on the eve of the opening of the JCK Show.

Inspired by Nelson Mandela in 2007, over the past 12+ years the Diamond Empowerment Fund’s mission has supported programs that develop and empower people in diamond communities around the world. In recent years, its mission expanded to exemplify and tell the stories of the good that natural diamonds do for people in the communities where they’re mined, cut, polished, and sold. Those stories have resonated with consumers and the trade alike: consumers have a better image of the natural diamond industry, and are more interested in purchasing a natural diamond after reading the ‘do good’ stories hosted on diamondsdogood.com. Likewise, members of the industry now identify their own sustainability programs under the ‘do good’ banner and use #diamondsdogood in their social media outreach, further building on the message and ensuring that diamonds continue to be a source of sustained economic development around the world.

Having created and trademarked the Diamonds Do Good name in 2014, the organization will now identify itself under this moniker moving forward, and has rebranded itself with a fresh, new look to mark this evolution. It will be celebrated at DDG’s signature event June 1 in Las Vegas, as a reimagined evening and experience that draws the industry’s top global leaders.

Continue Reading

Press Releases

Bangkok Gems & Jewelry Fair to Be back in February 2020

Respond by February 14th, 2019 to get special free privilege for Trade Missions.

mm

Published

on

(PRESS RELEASE) Apart from showcasing extravagant collections of jewelry and offering an international trading platform twice a year, the Bangkok Gems & Jewelry Fair has become a place where trust is established, and where business partners have turned into friends from long years of trading.

With quality products from manufacturers, traders and designers, lasting relations could be enhanced at the 65th edition of the Bangkok Gems and Jewelry Fair from February 25 to 29, 2020 in Bangkok, Thailand.

For the pre-registration form, click here. Email the form back at ttclausa@att.net or FAX: 323 466 1559.

Respond by February 14th, 2019 to get special free privilege for Trade Missions.

Continue Reading

Press Releases

Jewelers Mutual Donates $500,000 to Three Organizations in Charitable Campaign for 2019

The amounts donated to these organizations were based on votes by the company’s personal jewelry policyholders.

mm

Published

on

(PRESS RELEASE) NEENAH, WI — In honor of Giving Tuesday, Jewelers Mutual Group announced the culmination of its charitable campaign for 2019, resulting in $500,000 in donations to three deserving organizations. Funds were distributed this week to Feeding America, the Kids In Need Foundation and Special Olympics. The amounts donated to these organizations were based on votes by the company’s personal jewelry policyholders.

“It is important to have our policyholders be a part of our give back efforts because we share a mutual passion to help others in need. By encouraging them to vote, they made their voices heard, and were able to support the causes they are passionate about,” said Scott Murphy, Jewelers Mutual president and CEO. “Together, we really can do more, and we’re thrilled with the interest, engagement and the results this campaign has received both locally and on a national level.”

Podcast: The 12 Days of Christmas … Like You’ve Never Heard It Before
Over the Counter

Podcast: The 12 Days of Christmas … Like You’ve Never Heard It Before

Podcast: Aleah Arundale Tells Why She Created Jewelers Helping Jewelers
JimmyCast

Podcast: Aleah Arundale Tells Why She Created Jewelers Helping Jewelers

Podcast: Jenny O Calleri Takes on Her Biggest Challenge Yet — Store Ownership
The Barb Wire

Podcast: Jenny O Calleri Takes on Her Biggest Challenge Yet — Store Ownership

More than 40,000 votes were made by Jewelers Mutual policyholders during the five-month voting period. Based on policyholder votes, Feeding America received $178,300, Kids In Need Foundation received $169,500, and Special Olympics received $147,200. Donations will also be made to Canadian organizations with similar missions.

How policyholders’ votes and corresponding Jewelers Mutual donations impacted the three organizations:

  • Feeding America
    The donation of $178,300 helps provide at least 1,783,000 meals.*
  • Kids In Need Foundation
    The donation of $169,395 supplies over 820 classrooms and 21,000 under-served students with supplies and resources. Additionally, Jewelers Mutual became the first national sponsor of GiftATeacher.org, a program which funds and provides enough school supplies to supply an entire classroom for a full semester.
  • Special Olympics
    The donation of $147,200 by Jewelers Mutual helped train approximately 2,450 Special Olympics athletes and provide a significant and life changing impact for individuals with intellectual disabilities.

Jewelers Mutual encourages and supports its employees to be socially responsible and involved in their community. In addition to the dollars being donated, employees volunteered their time to assist all three organizations in 2019– sorting meals and stocking food for Feeding America Eastern Wisconsin, a member of the Feeding America network; taking part in the Polar Plunge for Special Olympics; and, packing and distributing 2,000 backpacks for the Kids In Need Foundation.

Jewelers Mutual looks forward to continuing its philanthropic pursuits in 2020 to support charitable organizations important to its employees and policyholders. For more information on how Jewelers Mutual gives back, visit JewelersMutual.com/social-responsibility and check out this video and infographic highlighting the past year.

*$1 helps provide at least 10 meals secured by Feeding America on behalf of local member food banks.

Continue Reading

Advertisement

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Latest Comments

Most Popular