Responsible gold mining
The World Gold Council has set a framework for responsible action by gold mining companies. Gold is more attractive than it has been for a long time and gold companies are now also profiting from the strong gold price. The World Gold Council also sees the growing importance of the participating companies. Environmental, social and corporate governance requirements should be met.
World Gold Council Chief Financial Officer Terra Heymann recently explained the principles of responsible handling. This is also intended to create further confidence in gold mining for gold buyers. The gold mining industry in South Africa, which plays an important role worldwide, should also benefit in this way. Guidelines and general standards should be applied together with local legislation.
Overall, therefore, confidence in the gold sector is to be strengthened. After all, gold has a long history and consistently shows its position as a globally important asset. Gold companies that attach particular importance to the interests of the local people concerned are Caledonia Mining or Steppe Gold.
Caledonia Mining - https://www.commodity-tv.net/c/search_adv/?v=299250 - works in its blanket gold mine in Zimbabwe according to a code of conduct, ethics and anticorruption. The Company and its employees are committed to the highest standards of business conduct and ethics. This also includes compliance with the highest environmental standards. The mine successfully produces gold and is partly owned by local investors.
Steppe Gold - https://www.commodity-tv.net/c/search_adv/?v=299041, whose Tsaagan Ovoo gold project in Mongolia will soon be able to start producing gold, also attaches great importance to corporate practices such as transparency, integrity and accountability. Steppe Gold is the first company to implement the "Gold 2 Program" of the Mongolian government. Canadian investors receive special protection in the case of commitments in Mongolia.
Current company information and press releases from Caledonia Mining (https://www.resource-capital.ch/en/companies/caledonia-mining-corp/) and Steppe Gold (https://www.resource-capital.ch/en/companies/steppe-gold-ltd/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
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