Why gold mining companies are signing up to the Gold Bar Integrity Programme

As 2024 comes to a close, it is encouraging to see the gold industry continuing to make strides towards a more trusted and transparent gold supply chain.

Over the last year, more WGC members signed up to the Gold Bar Integrity (GBI) programme. These companies are leading the way in using distributed ledger technology to create an expanded digital ecosystem of responsibly produced gold.

Committing this data to a centralised GBI platform creates an immutable record of what gold has left a mine site. And that is an important first step, at the beginning of the supply chain, towards building a more trusted gold market that will ultimately benefit consumers, investors and all market participants.

To learn more about the importance of the Gold Bar Integrity programme, watch our short film where I am joined by some of our Board Members to discuss the importance of the programme and what the potential impacts and benefits will be for the global gold industry.