The World Gold Council represents the world's leading gold mining companies. Together with its member companies, the World Gold Council strongly supports the responsible production of gold and believes that gold mining should be a source of economic and social development and that gold mining should not fund unlawful armed conflict. This ...
Terry Heymann, CFO at the World Gold Council comments: "Responsible gold mining can lead to sustained social and economic development. This report provides a clear demonstration of the positive role …
FG Gold is focused on the development of our flagship gold project, the Baomahun Gold mine, located in central Sierra Leone, which is one of the largest pre-production gold assets in Africa. With full licences and permits in place – and construction of early infrastructure already underway – the project is expected to pour its first gold in ...
The World Gold Council is the authority on Gold. Explore unique gold market and industry research and what keeps gold relevant today. ... Responsible Gold Mining. Ensuring high ESG standards across the gold supply chain. Gold and …
In developing the Responsible Gold Mining Principles, the World Gold Council has set out an overarching ESG framework for the gold mining sector which underpins sustained social and …
London, UK – The Copper Mark, Mining Association of Canada, ICMM and World Gold Council – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims policy, and encourage stakeholders to provide their views during a 60-day public …
The World Gold Council was busy both at the conference and at the many side events that surround it. We focused much of our efforts on explaining the significance and practicalities of the Responsible Gold Mining Principles (RGMPs) and how these might facilitate the gold mining industry's positive performance in responding to societal, stakeholder and …
The World Gold Council yesterday released its second Responsible Gold Mining and Value Distribution report at the Intergovernmental Forum on Mining, Minerals, Metals and …
The World Gold Council published the Responsible Gold Mining Principles (RGMPs) in September 2019. It represented the product of two years of intensive engagement with gold mining companies and industry stakeholders to set out an over-arching framework that helps to define what constitutes "responsible" gold mining.
Our earlier work on gold's climate impacts has already established that the bulk of emissions across the whole gold supply chain are produced from gold mining, and around three-quarters of those emissions are related to the …
Collaboration underway to develop consolidated standard for responsible mining. 28th November 2023 – The Copper Mark, Mining Association of Canada, ICMM and the World Gold Council are working towards consolidating their individual voluntary responsible mining and metals standards into a single global responsible mining standard, and multi-stakeholder …
If responsibly mined, gold mining can contribute to the socio-economic development of the countries they operate in. Post by Hannah Brandstaetter ... As the World Gold Council we have responded to these concerns. In 2019, we released the Responsible Gold Mining Principles (RGMPs), a set of 51 detailed Principles that define responsible gold ...
1. Details on how community investments in the gold industry contribute to the UN Sustainable Development Goals can be found in these reports. 2. The Social and Economic Contribution of Gold Mining 2021 Chart 1: In-country payments Payments to governments Payments to employees Payments to suppliers Total in-country payments $57.1bn
These were developed after an extensive period of consultation, to capture the material ESG risks and impacts of gold mining, and to allow companies to demonstrate – in ways that can be independently verified – what …
In working on this report, the World Gold Council worked with our member companies to develop a common 'Guidance note on expenditure definitions'. We encourage all …
The World Gold Council, the market development organisation for the gold industry, has welcomed Teranga Gold Corporation and Endeavour Mining Corporation to its Board of Members. Teranga is a Canadian-based gold company focused on production and development as well as the exploration of approximately 6,000 km2 of land located on …
To read more about gold mining's positive impact on socio economic development, click the links below: The social and economic contribution of gold mining – Nov 2024 data update This data update quantifies the direct social and economic contributions of 29 World Gold Council member companies in 2024.
The report outlines how leading gold mining companies are making a significant contribution towards the UN's Sustainable Development Goals (SDGs). The report includes 39 …
The World Gold series of conferences is a must-attend event for professionals, investors and innovators in the global gold sector. Rotating between five organizations — AusIMM, CIM, SAIMM, CGA and SME — this internationally recognized conference takes place every two years, providing a unique platform for industry leaders to connect, learn and shape …
The total GDP contribution of WGC member companies in gold mining intensive countries is comparable to the value of Overseas Development Assistance they receive. Every local job at WGC member gold mining operations supports six …
The economics of investing in gold production are complex and mining is a long-term commitment. Gold is scarce and the vast majority of exploration activity by gold mining companies does not find commercially-viable quantities of gold. …
In the context of gold as a digital asset, the economic implications for investors are noteworthy. The integration of blockchain technology and digital currencies into the gold market opens up new avenues for investment and transaction efficiency. Gold-backed cryptocurrencies provide a bridge between traditional asset performance and digital liquidity, potentially ...
The Responsible Gold Mining Principles consist of ten 'umbrella' Principles and 51 more granular statements that set out expectations of implementing companies. In a series of articles, we will briefly review the key …
The World Gold Council and the Rt. Hon Dominic Raab have released a report outlining ways to tackle exploitation and corruption in the artisanal gold mining sector. ... NGOs, mining companies and economic development organisations. These include prosecuting and disrupting criminal perpetrators and sustaining a coordinated and focused ...
Continental Gold's Buriticá gold and silver project in Colombia is one of the richest gold deposits in the world, consistently ranked among the top gold development stories in the world by ...
The World Gold Council was founded in 1987 after a merger with South African company Intergold. Several mining companies came together to form the World Gold Council as a response to the growing need for …
The World Gold Council's report " Gold mining's contribution to the UN SDG's " focuses on large-scale mining, but also notes the potential for positive contribution of ASGM to …
The World Gold Council is the market development organisation for the gold industry. Our purpose is to be the global authority on the gold market, provide industry leadership, and stimulate and ...
Gold demand hits new record in 2024 Central banks and investors drive market strength. Total gold demand (including OTC investment) rose 1% y/y in Q4 to reach a new quarterly high and contribute to a record annual total of …
Explore latest research and reports on gold and ESG published by the World Gold Council. Read and download our reports for insights on gold ESG. ... The Energy Transition' looks at gold mining's energy transition and climate impacts …