The World Gold Council and its Members have long believed that responsible gold mining can support sustained socio-economic development for the communities and countries that host gold mining operations.
Our Members recognise the importance of working in partnerships with governments and communities to help to support the achievement of the UN Sustainable Development Goals (SDGs). Most gold mines are located in rural and often underdeveloped locations where gold mining companies have the opportunity to elevate and improve the living standards of communities by bringing in greater infrastructure such as hospitals and schools and also providing jobs to locals.
In 2020, our Members employed 95% locals in the countries they operate in, and that's just one way they contribute. We further explore the positive contribution our Members are making in the countries and communities where they operate in our report The Social and Economic Contribution of Gold Mining. This report is worth a read if you are interested in seeing quantitative insights into how large-scale mining (LSM), and specifically mines operated by our Member companies, contributes to economic advancement and improves livelihoods at a global, national and local community level.
The gold mining industry can have a positive impact on almost all of the SDGs. Hear more from our experts on the topic in the below video.