Find out your benefits
What's the role of a mine?
Mines are important suppliers of precious metals respectively precious metals-bearing materials. Mined precious metals originate from Large and/or Medium-Scale Mines (LSM) or Artisanal and Small-Scale Mines (ASM), i.e., they come from primary sources.
Roughly 2/3 of the global gold supply originates from primary sources.
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Subcategories of mined precious metals are:
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Alluvial precious metals, ore, concentrate or doré bars
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Mines are active in the field of exploration, extraction, processing and transportation of mined precious metals and are engaged in the sales of the mined products.
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aXedras, the World Gold Council (WGC) and some of its members have partnered throughout 2023 for the Digital Transformation for Mines (DTM) Project and, in addition, the concept of Core Data has emerged and has been finalized. Read the DTM Project's results here: How Digital Transformation Can Evolve the Gold Mining Industry: Insights from aXedras and Concept Partners
Your benefits as a mine
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Record the details about the origin of your mined materials and your adherence to market standards on an immutable ledger
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Benefit from a static "document repository" for simplified compliance and KYC procedures with your customers
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Digitalise the shipment process and exchange of assaying details with refiners in real-time
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Streamline your reporting activities based on digitalised data, documents and processes according to unified data standards
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Promote yourself as a transparent brand for downstream buyers of your material
aXedras™ Ecosystem
The aXedras™ Ecosystem represents a global community who is actively applying the Bullion Integrity Ledger™ in order to increase the transparency and integrity within the global precious metal industry.
Testimonials of members of the aXedras™ Ecosystem
“As a global gold mining organization, ensuring transparency and establishing trust is crucial in the continued journey with our communities and Indigenous partners. Working alongside our supply chain partners, the GBI platform allows us to provide increased confidence and visibility into the origin of our gold, reinforcing our dedication to maintaining the highest standards of responsibility and sustainability.”
Ben Lam
VP Treasury, Agnico Eagle Mines Ltd.