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Corporate Social Responsibility
News
2.11.2005 ET
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Valentine's Gold Jewelry Sales Generate 34 Million Tons of Mine Waste
''No Dirty Gold'' campaign targets $16 billion dollar U.S. gold jewelry market
(CSRwire) WASHINGTON, DC - Valentine's sales of gold jewelry in the U.S. will
leave in their wake more than 34 million metric tons of waste worldwide,
according to estimates from EARTHWORKS and Oxfam America, leaders of a
major consumer campaign aimed at changing the way gold is produced and
sold. (The estimates are based on gold sales in the first two weeks of
February.) The "No Dirty Gold" campaign, which is celebrating its first
anniversary this week, has targeted gold sales because gold mining is
arguably the dirtiest industry in the world-and most of the gold mined
worldwide is used for jewelry.
"Gold loses its luster when it is produced at the expense of healthy
communities, clean water and human rights," said Payal Sampat,
International Campaign Director with EARTHWORKS. "Retailers and consumers
are saying this price is too high."
Valentine's Day is the number one holiday for gold jewelry sales in the
U.S. Today, campaigners will be distributing Valentine's cards with the
message, "Don't tarnish your love with dirty gold," in front of major
jewelry and watch stores, including Rolex and Fortunoff, on 5th Avenue in
midtown New York City. They will be joined by a giant puppet depicting a
chic shopper carrying shopping bags full of "dirty" gold jewelry.
Consumers will be invited to join thousands who have already signed a
pledge calling for alternatives to dirty or irresponsibly produced gold.
Photos of the puppet, as well as the Valentine's Day card and the pledge
are on the www.nodirtygold.org website.
The No Dirty Gold campaign has gained momentum in the last year, with
groups in Germany, Ghana, Kyrgyzstan, and Peru engaging in similar
campaigns. In response to the campaign, leading jewelry and electronics
retailers such as Tiffany & Co., Cartier, Helzberg Diamonds, and Harry
Winston have voiced support for the campaign's objectives.
"As consumers and retailers learn about the true cost of gold, they are
calling for it to be produced in ways that do not harm people and the
environment," said Keith Slack, Senior Policy Advisor with Oxfam America.
"We want buyers and sellers of gold jewelry to hold mining companies
accountable to the communities where they operate," added Carrie Dann from
the Western Shoshone Defense Project in Nevada.
Gold mining is being targeted as an industry ripe for reform through
consumer pressure because of the extensively documented human and
environmental costs of gold mining. Most gold is not used for essential
services; in a typical year more than 80 percent is used to make jewelry.
Most consumers don't realize that in developing countries irresponsible
gold mining is associated with protests, human rights abuses, and even
imprisonment, along with environmental devastation. In the U.S., mines
generate an amount of waste equivalent in weight to nearly nine times the
trash produced by all U.S. cities and towns combined. The production of a
single 18 Karat gold ring weighing less than an ounce generates at least 20
tons of mine waste. Metals mining employs less than one-tenth of one
percent of the global workforce but consumes 7 to 10 percent of the
world's energy.
"Mining companies have polluted our water resources and violated our right
to a healthy environment in their rush to riches," said Kalia Moldogazieva,
a mining activist from Kyrgyzstan who helped expose the environmental and
human health impacts of toxic chemical spills at the Kumtor mine.
The No Dirty Gold campaign draws from the experience of consumer efforts
to end sweatshop labor, promote fair trade coffee, and support sustainable
forestry and, like those campaigns, it emphasizes student outreach. In
recent months, students at about a dozen colleges in the U.S. and Canada
have been organizing to clean up the dirty gold used in class rings. This
week, students on several campuses, including University of Vermont,
University of Colorado, and Yale and American Universities, will also be
holding Valentine's Day events on their campuses.
To interview representatives of communities affected by gold mining,
student organizers, scientists or others relevant to this issue, please
contact Harlin Savage at Resource Media at 720-564-0500 x1. To download
photos of gold mining's impacts, please visit www.nodirtygold.org. To request
mini-DV footage, please contact Payal Sampat at 202-247-1180 or psampat@earthworksaction.org.

Editors: Top 10 US jewelry retailers, US$ millions, 20
Company
| Sales ($ US millions) | | Wal-Mart | 2,500 | | Zale | 2,212 | | Sterling | 1,875 | | QVC | 1,200 | | JC Penney | 1,000 | | Sears, Roebuck and Co. | 1,000 | | Tiffany & Co. | 949 | Finlay Fine Jewelry
| 902 | | Fred Meyer
Jewelers | 475 | | Friedman's | 469 |
Top 10 gold mines, by production, 2003
| Mine (Country) | Majority Ownership | | Grasberg
(Indonesia) | Freeport McMoRan | Yanacocha (Peru)
| Newmont | | Muruntau
(Uzbekistan) | Navoi | | Betze-Post (USA) |
Barrick | Driefontein (S. Africa)
| Gold Fields | | Carlin
Trend (USA) | Newmont | | Cortez (USA) | Placer Dome
| | Pierina (Peru) | Barrick | Kalgoorlie
(Australia)
| Barrick, Newmont |
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