For many years, Tiffany & Co. has supported organizations that remediate abandoned historical mining sites to clean up polluted landscapes and waterways, making these habitats safe for fish and wildlife.
In 2018, we provided seed funding for the Salmon Gold pilot to advance these efforts through an innovative model that produces gold using responsible mining techniques and simultaneously restores critical habitats for salmon and other species within historical placer mine sites in Alaska. Through this process, without the use of chemicals, miners cleanly re-mine tailings for the remaining gold in streams and rivers that are affected by past mining. Miners then restore these sites and rehabilitate their habitats. Salmon Gold is a social enterprise founded by RESOLVE, a nonprofit organization that promotes sustainable solutions to social and environmental challenges. Salmon Gold and its partners—gold miners and end users such as Tiffany, as well as communities, conservationists and government agencies—seek to combine responsible mining techniques with restoration activities to achieve a positive conservation impact. In 2019, we continue to work with Salmon Gold as the program expands.
Tiffany and XX purchased the first responsibly mined Salmon Gold, further supporting these activities. Our commitment to protecting the world’s special places drives our investments in responsible mining, and our purchase of Salmon Gold proves how producing gold can support restoration and conservation.