Gold Production: Pará Launches Certification Project for Metal Production to Ensure Responsible Marketing in Mining Companies

Written by Roberta Souza

Published on 30/11/2022 at 08:43

Updated on 30/11/2022 at 08:53

Foto: Reprodução pixabay.com

Seja o primeiro a reagir!

The New Project Is Part of an Agreement Between the North Star Refinery and the Government of Pará and Its Main Goal Is to Guarantee the Legal Marketing of Gold in the State

North Star, the first precious metals refinery in Northern Brazil, which has a modern refining unit built in Belém to serve mining companies operating in the region, issued the first Yellow Seal for certification and traceability of gold produced by Serabi Gold, a mining company with operations in Tapajós, listed on the London and Toronto stock exchanges.

This certification is part of the Memorandum of Understanding signed in 2021 between the North Star refinery, the government of Pará, and gold mining companies operating in the state to ensure responsible production and international standards of gold production, refining, and marketing.

“The major challenge for the country is to ensure ESG standards throughout the gold supply chain, which currently suffers from international distrust due to illicit activities. To meet this challenge, we created the Yellow Seal, which consists of certification and traceability of the gold that arrives at our refinery through blockchain technology, which is a shared and immutable system that facilitates the process of transaction recording and metal tracking,” explains Maurício Gaioti, CEO of North Star.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

Paths to Responsible Gold Production

For Gaioti, CEO of North Star refinery, adopting blockchain technology and combining it with governance and compliance standards together with North Star’s partner mining companies is the way to responsible, verticalized, transparent gold production that is certified with international standards, which can help improve the image of gold produced in Brazil in foreign countries.

The company Omex, which is part of the holding company that leads North Star, has been using blockchain technology in its gold export operations since June this year. “Blockchain is already a reality in our international trade operations. We are pioneers in the use of this technology for trading and now we are bringing this traceability concept along with certification for North Star’s operations with the aim of providing more transparency in the gold production process,” explains Gaioti.

Gold Production Certification

To certify the gold production of mining companies that will refine their production at the Belém unit, North Star refinery hired Minery, a Brazilian startup based in São Paulo that developed Certimine, a blockchain certification that evaluates operational, human, environmental, safety, and integrity conditions.

“The certificate has as parameters both Brazilian and international standards, such as the principles of the UN Sustainable Development Goals. We evaluate more than 70 parameters, including the presence of child labor or analogous to slavery, the use of PPEs, the degree of environmental impact, and relationships with surrounding communities,” declares Eduardo Gama, CEO of Minery.

He also emphasizes that the information collected during the field visit to the mining companies is stored on the blockchain in a digital passport. “The passport gathers information that ensures the traceability of the product to the final customer, and the information contained is tamper-proof.”

About North Star Refino S.A.

Founded in 2017 by OMEX, one of the leaders in gold trading in Brazil, along with international investors, North Star focuses on the responsible refining of gold in Brazil and seeks to establish itself as one of the largest refining industries in the country, making production verticalized and adding value to the national product.

Gold Production: Pará Launches Certification Project for Metal Production to Ensure Responsible Marketing in Mining Companies

The New Project Is Part of an Agreement Between the North Star Refinery and the Government of Pará and Its Main Goal Is to Guarantee the Legal Marketing of Gold in the State

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Paths to Responsible Gold Production

Gold Production Certification

About North Star Refino S.A.

China has been trying for 13 years to build a railway in the Gobi Desert to reach Mongolia, and there are still 20 kilometers left that no one can finish due to a problem that seems impossible to solve.

Archaeologists find an intact tomb over 2,500 years old, with more than 100 preserved objects, weapons, jewelry, and human remains never touched.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Archaeologists find an intact tomb over 2,500 years old, with more than 100 preserved objects, weapons, jewelry, and human remains never touched.

You grew up hearing that the good coffee from Brazil goes all abroad and the bad coffee stays for Brazilians, but this story has completely changed, and the numbers show that in the 1980s, thirty percent of the coffee sold here was adulterated with corn and barley.

Volcanic lava transforms into threads as fine as human hair that travel over 30 kilometers by wind and fall like cutting rain on roofs and backyards in Hawaii and Iceland.

Engineer creates reforestation method that transforms small plots into dense forests in a few years using local biomass and can reduce environmental recovery costs.

Son of a seamstress from the rural area of Ceará who did not speak English wins a scholarship of over 2 million reais at Williams College, one of the top 10 universities in the United States, covering everything including dormitory, meals, and annual trips to Brazil.

Gold Production: Pará Launches Certification Project for Metal Production to Ensure Responsible Marketing in Mining Companies

The New Project Is Part of an Agreement Between the North Star Refinery and the Government of Pará and Its Main Goal Is to Guarantee the Legal Marketing of Gold in the State

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Paths to Responsible Gold Production

Gold Production Certification

About North Star Refino S.A.

China has been trying for 13 years to build a railway in the Gobi Desert to reach Mongolia, and there are still 20 kilometers left that no one can finish due to a problem that seems impossible to solve.

Archaeologists find an intact tomb over 2,500 years old, with more than 100 preserved objects, weapons, jewelry, and human remains never touched.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Historic bankruptcy of Centauro shocks the market, and the century-old company puts more than 500,000 products, machines, and complete infrastructure up for online auction.

Brazil extracts 26.3 million tons of ore from what was previously treated as waste, transforming residues into wealth, producing over 3 million tons of sand, and demonstrating how national mining is relearning to generate value.

A $3.5 billion megaproject in Latin America pumps desalinated seawater at 1,050 liters per second over 194 km to keep a copper supermine in the Andes operational for another 20 years.

New shoe factory in Ceará is expected to create 400 jobs and strengthen the local economy.

No one imagined it, but a mixture of sawdust with a mineral that fights fires surprises scientists with a result that changes the course of fire-resistant construction.

Archaeologists find an intact tomb over 2,500 years old, with more than 100 preserved objects, weapons, jewelry, and human remains never touched.

You grew up hearing that the good coffee from Brazil goes all abroad and the bad coffee stays for Brazilians, but this story has completely changed, and the numbers show that in the 1980s, thirty percent of the coffee sold here was adulterated with corn and barley.

Volcanic lava transforms into threads as fine as human hair that travel over 30 kilometers by wind and fall like cutting rain on roofs and backyards in Hawaii and Iceland.

Engineer creates reforestation method that transforms small plots into dense forests in a few years using local biomass and can reduce environmental recovery costs.

Son of a seamstress from the rural area of Ceará who did not speak English wins a scholarship of over 2 million reais at Williams College, one of the top 10 universities in the United States, covering everything including dormitory, meals, and annual trips to Brazil.