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FÊNIX DTVM

By committing to traceability, origin certification and rigorous
monitoring in environmental, social and climate areas, while actively
promoting good practices, we can effectively facilitate the transition of
small and medium-scale miners towards legality and responsible mining.
Fênix DTVM is a financial institution authorized by the Central Bank
of Brazil. As a key player in acquisition and trading of gold, we have
experienced rapid and solid growth driven by innovation and new
technologies. Established in 2020, we were born fully committed to
integrity, sustainability, governance and compliance.
fenixdtvm.com.br

Aerial view of a gold mine in the supply chain monitored by Blockchain.

Supplier’s Enhanced Due Diligence Promotion of Good Mining Practices small and medium-scale miners, as well as
Fênix DTVM establishes rigorous compliance One of the actions developed was the raise awareness among artisanal miners about
standards throughout its gold supply chain. collaborative agreement signed with an the environmental, social and climate benefits.
For instance, Certimine, an independent European association that promotes best
company, conducts on-site visits to suppliers practices in small and medium-scale gold Commitment to the Future
and certifies the origin of the gold. mining. Following environmental, social By committing to traceability, origin
and governance criteria established by the certification and rigorous monitoring in
During these visits, Certimine examines association, participating mines can receive a environmental, social and climate areas, while
multiple criteria, including adherence to cashback of US$1 for every gram of gold sold, actively promoting good practices, we can
authorized areas for gold exploration, a which must be used to promote social and effectively facilitate the transition of small
comparison between mining activity and environmental projects, aiming to generate and medium-scale miners towards legality
transaction volume, assessment of human value for stakeholders. and responsible mining. This contributes
rights conditions, compliance with operational economically to the communities in which
licenses and extraction permits, and Non responsible use of mercury in ore they operate and represents a direct and real
adherence to environmental regulations. processing can pollute rivers and the contribution to combating climate change
atmosphere. In order to comply with the in accordance with SDG 13 (Climate Action).
The objective is to ensure that extraction National Action Plan for the Elimination of Together, we can take on this challenge,
areas are regenerated through actions such as Mercury Use in Gold Mining and adhere generating jobs, preserving the environment,
the recovery of degraded areas, reforestation to the Minamata Convention, Fênix works protecting communities and contributing to
programs and biodiversity mapping. In this together with the Research Center for an increasingly sustainable future.
way, the aim is to ensure the legality of gold Responsible Mining at the University of São
while mitigating the environmental impacts Paulo (USP), which seeks to identify initiatives
related to climate change. to enable the replacement of mercury for

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