Is the gold you’re buying helping to finance Russia’s war against Ukraine?

| News | 16 March 2022 | by ARM |

Russia is also the third-largest producer of gold in the world.
Open Letter to the Jewerly Industry

The jewelry industry is susceptible to exploitation if the Russian government uses gold supply chains as a tool to evade sanctions and further subsidize their military aggression against Ukraine.

It is imperative that we work together to prevent this from happening.

As unprecedented financial sanctions against Russia prevent it from accessing most of its assets, Russia will likely turn to liquidating its 2,300 metric tons of gold reserves or using them for barter and trade.

It may already be doing just that as the Bank of Russia has resumed buying domestic gold for the first time in two years and reports indicate increased Russian gold-buying activity in Venezuela since the war against Ukraine began. Russia has been quietly building its gold reserves since 2012.

It’s everywhere: in the rain, snow, our food, our waters, even in the human placenta! Mercury is poisoning life on Earth.

ARE YOU AWARE Artisanal miners' gold ore processing produces 20% of the world's supply of gold used in our jewellery, iPad’s, iPhone, computers, and other electronics devices and is the world's largest anthropogenic source of deadly mercury pollution overtaking coal fired plants mercury emissions in 2017?

Artisanal miners' ore processing uses mercury, a deadly neurotoxin and precursor to an even deadlier neurotoxin Methylmercury @ 100 times more potent than elemental mercury to extract liberated gold from crushed or milled ore by forming an amalgam which is vaporized leaving the gold while releasing 2,000 tonnes of mercury to our atmosphere annually .

Mercury pollution is documented in 2021 by Oxford University earth scientists to stay airborne up to one year then precipitates back to Earth in the form of rain and snow.

The morbid irony lies in the fact the same vaporized mercury is polluting the air we all breathe, contaminating our drinking water, polluting the Oceans we swim, poisoning the fish we consume especially tuna where mercury bioaccumulates the most causing health issues, and global biodiversity destruction.

But finally there's hope!

Visit our Corporate site to learn what we’re doing about artisanal miners’ ore processing in Zaruma Ecuador and see how your impact investment capital will mitigate decades of ongoing human and child in utero health threats, local and global biodiversity destruction.

Alchemy Mining Group, Inc.

“An innovation provider with a scalable climate action initiative to eliminate mercury used by artisanal miners processing ore to extract gold”

Bruce A. Cosgrove, M.Sc., (Solution Chemistry) President/CEO

"Profit proudly owning sustainably reclaimed tailings gold, a globally wasted commodity"

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