Mining News

Gold industry has a supporting role to play as world still in a ‘fragile place’ – WGC

Thirty-one of the World Gold Council’s (WGC’s) member companies collectively contributed $37.9-billion, in the form of taxes, salaries and payments to suppliers, to the gross domestic product of the countries in which they operate during 2020. This represents 63% of the total revenue these companies received from gold sales in the same year and equates to almost $1 100 in value added locally for every ounce of gold produced.

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