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ARTICLE · 11 MARCH 2020

World Gold Council: Responsible Gold Mining Principles

A&O Shearman
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In September 2019, the World Gold Council (WGC) issued the Responsible Gold Mining Principles (RGMPs), setting out a framework for responsible gold mining across the mine life-cycle.

United StatesEnergy and Natural Resources

In September 2019, the World Gold Council (WGC) issued the Responsible Gold Mining Principles (RGMPs), setting out a framework for responsible gold mining across the mine life-cycle.

The WGC is the market development organization for the gold industry. Its purpose is to stimulate and sustain demand for gold, provide industry leadership and be the global authority on the gold market.

The WGC developed the RGMPs, working with its members (25 of the world’s leading gold mining companies) with the aim of setting out clear expectations for consumers, investors and the downstream gold supply chain as to what constitutes responsible gold mining. The WGC hopes that the RGMPs will be widely adopted, not only by its members, but by the industry more broadly. It also suggests providers of finance and capital use their influence to encourage adoption throughout the sector.

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