Responsible gold blog

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.

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.  

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’.  

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.

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.

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.

The World Gold Council published the Responsible Gold Mining Principles 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.