GemFair

GemFair is rated 3 out of 5 in the category mining & metals. Read and write reviews about GemFair. GemFair is a pilot project that aims to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined diamonds. By providing artisanal and small-scale miners with access to the global market and offering fair prices, GemFair hopes to improve miners’ livelihoods and foster the sector’s development as a credible and trusted source of diamond supply. For the pilot, GemFair is partnering with the NGO Diamond Development Initiative (DDI) to ensure that participating mine sites abide by a set of audited ethical standards known as the Maendeleo Diamond Standards (MDS), as well as additional standards specific to the GemFair business model. GemFair’s proposed solution combines dedicated software (an app) and hardware (diamond toolkit) that seek to enable the digital tracking of ASM diamonds throughout the supply chain and addresses key challenges and risks relating to artisanal mining activity. The pilot will initially run in Sierra Leone, where the Government has already made significant progress in formalising the artisanal mining sector and where a number of artisanal mine sites are already participating in DDI’s Maendeleo Diamond Standards programme.