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Library Counting the cost of gold

Counting the cost of gold

Counting the cost of gold

Resource information

Date of publication
декабря 2005
Resource Language
ISBN / Resource ID
eldis:A22823

This report looks at the changes needed to ensure that gold mining will benefit development in resource rich countries, for example by generating revenue and creating jobs.With reference to case studies from Honduras and the Democratic Republic of Congo, the report outlines further changes needed in the gold mining industry. These include:binding standards for international companies, including adequate environmental and social protection, and an effective means of redress for affected communitieschanges to national mining laws, so that the desire to attract foreign investments are balanced against the interests of the populationa stronger voice for indigenous peoples and affected communitiesbetter access to information about mining operations and revenues. This will help to increase understanding of what resources are being generated by gold mining, who is profiting and how those profits are being spentmore stringent criteria that ensure respect for human rights and require consent from affected communities. Transparency of revenue payments should be a pre-requisite for all funding of mining projectsincreased demand from gold retailers and consumers that the gold is mined in accordance with the "Golden Rules", respecting the rights of communities and workers and minimising damage to the environment.

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Authors and Publishers

Author(s), editor(s), contributor(s)

A. Lindsay
G. McDonald

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