Industry Insights

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’.  

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.

In-depth: Whilst the COVID-19 pandemic and its economic consequences are currently all-consuming, attention must not be diverted from ESG performance and commitments to tackle the climate crisis. Any further delays in implementing change will be damaging and costly, suggests John Mulligan.

The global spread of COVID-19 has affected all of us in one way or another and many businesses and industries are having to adapt, including the gold mining industry.

Our Chief Financial Officer, Terry Heymann spoke to Laura Blows for this Pensions Age podcast on the role gold has to play within a pension fund's sustainable portfolio.

Last month, we launched the Responsible Gold Mining Principles (RGMPs), a new framework that sets out clear expectations for consumers, investors and the downstream gold supply chain as to what constitutes responsible gold mining. In this video, Gary Goldberg, at the time CEO of NewmontGoldcorp, Mick Wilkes, CEO of OceanaGold and I discuss why we developed the RGMPs, investor expectations around ESG and expectations as to how the mining industry will evolve over the next 5 to 10 years.

Last week, I was delighted to be asked to speak at the inaugural Responsible Asset Owners Global Symposium in London . More and more investors are – quite rightly – thinking about how to incorporate environmental, social and governance (ESG) factors into their investment choices. But there is still a lot of uncertainty about what this means, and in particular, what framework investors should use to assess ESG performance

The upward revision to our estimate for mine production was one of the more eye-catching stories in our Q1 2019 Gold Demand Trends report.

Gold is valuable and rare. Large amounts of rock need to be mined and processed to produce an ounce of gold and this uses significant amounts of energy.

As awareness of the impact of climate change becomes increasingly pervasive, investors are calling on business leaders to drive the transition towards a low-carbon economy.