Industry Insights

The World Gold Council recently sent a small delegation to the Investing in African Mining Indaba 2020 conference in Cape Town, South Africa. 

Gold’s diverse functions and uses have a diverse range of significant impacts. The sector will be absolutely vital in delivering the applications, technology and infrastructure needed to move towards a cleaner, safer world. 

Investors are increasingly asking if gold can be considered an ESG compliant asset. We believe it certainly should and were delighted to participate in the webinar to highlight what the gold mining sector is doing in the ESG space.

One of the ways gold mining companies are contributing to SDG 10 is by taking steps to ensure that economic and educational opportunities.

Our new research suggests where, over the next decade, we might expect gold mining to be if it continues on its current direction of travel, particularly if the sector is able to extend and accelerate current trends.

An equivalency benchmark, comparing the Responsible Gold Mining Principles and ICMM’s Mining Principles was released today, helping to increase the efficiency of audits.

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 tenets that underlie each of the Principles - this article is on Principle 1.

Globally there’s an increasing shift of funds towards responsible and ethical investments. Contributor Jeff Swinoga explores gold mining as a responsible investment choice.

Today Women in Mining UK recognised women all over the world that are making significant contributions to the mining sector. As part of 100 Global Inspirational Women in Mining (WIM100) many women from our Member companies have been recognised and nominated by their peers for making positive and impactful contributions to the industry.

Earlier this month, Terry Heymann attended the Responsible Asset Owner Symposium as a keynote speaker, presenting on 'Sustainable investing for long-term returns, not short-term gains'. Watch now!

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.

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.  

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’.  

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. 

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.  

We recently hosted a webinar for assurance providers on the Responsible Gold Mining Principles. In this article, you can find and download resources from the event.

Terry Heymann, our CFO, participated in a Mining Coffee Chat with Remi Piet, Senior Director Infrastructure, Energy & Natural Resources at Americas Market Intelligence. Watch their conversation on the Responsible Gold Mining Principles and more.

Earlier this year we caught up with stakeholders to hear their thoughts about the Responsible Gold Mining Principles (RGMPs), and how they expect them to strengthen the gold industry’s ESG credentials.