GOXI Inovation Series: Pioneering a New Gold Standard Part 2

In 2009, the Goldlake Group—an entrepreneurial Italian gold mining company—entered a partnership with Cartier to supply ethical gold directly from Goldlake’s Eurocantera mining operation in Honduras. The mine views its role as primarily generating social and environmental value for society, and secondarily generating commercial value.

This session will discuss how Goldlake Group—by emphasizing social value over commercial value—has been able to develop and sustain an interesting and innovative business model that manages every aspect of the gold value chain from mine to market, and also integrates artisanal miners into their core business model. It will explore how this small company has succeeded in creating both social and commercial value in a rather complex industry, and how it secured a partnership with Cartier (which has committed to buying all the mine's production for the next three years).