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Responsible gold mining

Gold serves as collateral for individuals and also for central banks. Gold mining should follow responsible gold mining principles.

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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 - - 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 -, 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 ( and Steppe Gold (

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.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: 

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