Industry Insights: Posts from September 2020

Last week we launched our new report, Gold Mining’s Contribution to the UN Sustainable Development Goals. I had the pleasure of holding a panel discussion at the UN Global Compact event Uniting Business, which was held alongside the UN General Assembly.

Today we launched our new report, Gold Mining’s Contribution to the UN Sustainable Development Goals. The release coincided with the annual Denver Gold Forum which brings together mining CEOs from around the world to discuss the latest developments in the gold mining industry.

The World Gold Council has long supported a position that responsible gold mining can support sustained socio-economic development for the communities and countries that host gold mining operations.

World Gold Council member companies have embarked on the three year implementation phase of the Responsible Gold Mining Principles. It’s been a year since the launch in September 2019 and three members describe their experience thus far.  

All actors in the supply chain have responsibility for ensuring that gold has been responsibly mined and responsibly sourced. Gold mining should contribute to the development of producer countries and to local communities and to the delivery of the Sustainable Development Goals. 

In January 2020, Van Eck, which manages the International Investors Gold Fund, announced that it ‘would expect all of the gold producers in which we invest to adopt the RGMPs’.  

In-depth: In a world where consumers of every age group are increasingly interested in the source of their products and the ethical standards by which they are produced, some may think gold doesn’t stack up as a responsible investment.