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.