Gold's social and economic impacts
"Gold's social and economic impacts" - A video explaining gold’s contributions to social and economic development.
View the video
Responsible Gold Sourcing
This interactive tool explains how responsibly sourced gold contributes to sustainable development around the world
conflict free standard
We have established a consultation process on conflict-free standards
Watch our video from Indaba on the links between gold mining and development
Modern Mining video
Watch our video on gold mining in the 21st century, the story of how one of the world’s most important metals is produced.
The World Gold Council is committed to the development of a truly sustainable gold mining industry.
Mining has broad social and economic benefits for developing and developed countries alike. Responsibly produced gold contributes to the economic and social development of local communities whilst providing important national revenue for countries with gold reserves.
Balancing economic, environmental and social aspects over both the short and long-term is a challenge, but the World Gold Council and its members are committed to making a positive contribution to sustainable development.
- Our members make considerable contributions to developing the economies and social prosperity of the countries in which they operate, through taxation, employment and investment.
- Wherever possible, our members take steps to minimise risks to the environment from processes involved in gold mining, extraction and smelting.
- Our members employ significant numbers of people, and are committed to eliminating work-related injuries and illnesses. The long-term nature of mining operations means that our members are tackling the same health-related challenges facing local communities in areas such as sub-Saharan Africa.
Our members have been instrumental in establishing and contributing to global initiatives aimed at providing clear standards and processes on economic, environmental and social issues.
Our members regularly publish reports outlining progress towards stated sustainability goals and declare the policies and standards they have put in place to continually improve their sustainability performance. We believe this level of transparency is essential if the contribution that gold mining can make to a society is to be assessed.