Constructing sustainable relationships with artisanal miners (ONLINE)

DATE
Wednesday, June 29, 2022
LOCATION
Online
ONLINE
Chair: Edward Bickham, World Gold Council, London, United Kingdom

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Time
Session
11:15 AM - 12:15 PM

Constructing sustainable relationships with artisanal miners (ONLINE)

Artisanal and small-scale gold mining has grown significantly over the last 20 years. Responsibly undertaken, it can create vital livelihoods for largely poor rural communities but it also often generates negative ESG impacts. Most ASGM occurs outside legal structure; informality is endemic in many developing countries, but it can leave ASGM groups vulnerable to extortion by criminal elements.

Formalisation reduces this vulnerability and makes it easier for governments, refiners and large-scale miners to pursue co-operative models with responsible ASGM. This session will build on a recent World Gold Council report on Lessons Learned on managing the interface between LSM and ASGM which aims to support companies to improve local development outcomes and to reduce the marginalisation of responsible ASGM.
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