David H. Fell & Co. is proud to announce that we have achieved the SCS Recycled Content Standard V7-0 for 100% Recycled Platinum, Fine Gold, Fine Silver, and Sterling Silver content!
We are very excited to announce that we have achieved the SCS Recycled Content Standard V7-0 for 100% Recycled Platinum, Fine Gold, Fine Silver, and Sterling Silver content. SCS is a leader in third-party environmental and sustainability certification. Its Recycled Content Certification Program helps manufacturers demonstrate their commitment to conserving natural resources, supply chain transparency, support of corporate sustainability goals, and eliminating the risk of money laundering. SCS Recycled Standard V7-0 is a chain of custody standard that tracks recycled raw materials through the supply chain. Each stage of the production cycle is certified, and participants are subject to document collection and on-site visits. This third-party audited standard means we have had to prove our sourcing and production methods to an outside auditor.
Why did we go through this rather time-consuming and expensive process? Because we believe it is important to consumers—and therefore, to you—to know where their materials come from. While simple, unaudited claims were sufficient in the past, today’s consumer wants to trust but verify, and these SCS certifications do just that.
In the interests of full transparency, it is important for people to understand that “recycled” includes both post-consumer and post-industrial metals. Post-consumer content is metal that was mined, refined, turned into jewelry or other metal objects, sold to end users, then returned to the supply chain to be recycled.
Post-industrial recycling is defined as materials that become waste during a manufacturing process. For example, this could be metal that David H. Fell & Co. sells to a manufacturer. If the metal is used in their production process, and they produce scrap during that process, the scrap can be sent back to be recycled.
Another example of this is investment gold, which may have gone from the mine to a refiner to a financial institution … where it sat until sold. To change it from bars or coins to something useful for jewelry producers it must go through processing, and that qualifies it as “recycled.”
At DH Fell, we understand that differentiating between post-consumer and post-industrial recycling is a point of concern for companies investing in responsibility initiatives. But every time we reuse materials — whether post-consumer or post-industrial — we are still making a meaningful contribution to reducing mining’s effects on the environment and decreasing the health risks and human rights violations that can be associated with mining.”
The other big benefit of receiving the SCS recycling certification is that you can be confident that the metal we sell you has not been used for money laundering. The most common way for illegally mined gold to make it to market is to be mixed in with legally mined gold at a refinery point, which masks its illicit origins and funds the illegal miners. As an SCS certified organization, our supply chain has been and will continue to be audited. We are committed to ensuring that the type of mining that is currently causing so much damage in the Amazon or which is being used to fund drug cartels, armed militias and terrorists is not coming into our refinery and being turned into legitimate metal.
The David H. Fell & Co. team is excited (and proud!) to have achieved this important milestone. We are committed to being ethical, responsible members of our community and our industry, and going the extra mile for SCS certification is an important way of putting our money and our energy in service of our intentions.
We thank you for your continued support during this time. Rest assured we are taking all possible precautions to keep business moving while maintaining the health and well-being of our customers and employees.Larry Fell, CEO
Dear valued friends, colleagues, and customers,
The entire team at David H. Fell & Co, first and foremost, wish you and your families well during this uncertain time. We are closely monitoring the COVID-19 situation with our customers, suppliers and numerous health organizations and we are taking this situation very seriously.
To ensure we can safely continue to support our customers, DHF is adjusting business processes and safety protocols daily. These include social distancing and strict sanitary practices. We have been working diligently to modify our company-wide behavior to stay safe, based on CDC recommendations.
While health and safety will remain the top priority, we are as committed to continue producing quality DHF Mill Products and Refining Operations for you. All David H. Fell & Co locations will remain operational with some restrictions, such as extended lead times on product orders or refining settlements, and we are doing our best to minimize them during this time. Please consider staying ahead of your product planning in case we must adhere to any changes that are placed upon us.
The decisions we are making rely heavily on the guidance we are receiving from the health organizations and our number one priority is to protect the health and welfare of our employees, customers and suppliers. We recognize the uncertainty this global health issue is creating and we will keep you up to date regularly on our operational status.
We thank you for your continued support. Let’s all do our part and practice social distancing, and stay well. If you have any questions or concerns, please call our customer service line at (323) 722-9992 or sales at (415) 815-9938.