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Represent the provenance or source of the gold supply, responsible mines use MineTrace to demonstrate Good Governance.
Often form the integral link between small-scale mines and licensed gold exporters. They use MineTrace to demonstrate to regulatory agencies and international buyers they are acquiring gold from responsible sources.
Typically have small compliance teams assessing the provenance and supply chain of numerous gold suppliers. MineTrace mitigates risk by streamlining the KYC and Due Diligence process associated with onboarding new suppliers.
MineTrace supports manufacturers to demonstrate to their target market and certification bodies that they have a chain of custody for the gold material used in their jewellery production.
MineTrace is about Traceability, Transparency and Assurance. The software is designed to provide designer-makers and retailers with the tools required to demonstrate their ethical credentials.
Regulatory bodies frequently require data from companies such as the volume, value and turnover of gold transactions. Users can generate reports within MineTrace for internal use or sharing with third parties.
MineTrace mitigates the risk associated with Central Banks sourcing gold from the small scale mining sector in order to build their gold reserves. It is an efficient KYC and due diligence management system designed to bridge the confidence gap.