It also outlines a range of adaptation strategies to support the industry in managing the associated risks.
The WGC notes that gold mines are often located in remote and diverse geographic locations and can have a strategic and pivotal role in local economies. Many communities may be indirectly dependent on a robust and stable gold mining industry for the provision of key capacities, infrastructure, and growth and development opportunities.
By creating sustainable mining operations in the face of climate hazards, the industry can enable greater resilience at the mine site and beyond, potentially reducing the negative economic and social implications for all stakeholders, the WGC says.
Without consistent, systematic and widespread planning, the increased complexity, frequency and severity of climate impacts will have a negative impact on the supply chain, the industry body warns.
WGC climate change leader, John Mulligan, said the…
