Video: How innovation and accountability can help green gold portfolios

Mining personality Rob McEwen stressed the need for the industry to move beyond its tarnished image. “We have to show the public that we are not the old miners,” he told a panel examining how gold can keep investment portfolios green. “Modern reclamation, renewable energy and better water management can change people’s perception of us,” he said.

Sector speculator Rick Rule has called for mandatory environmental nexus. It would ensure that companies receive funds. “It’s about trust, accountability and proving that we can manage risk,” he said on December 1.

Gonzalo Waldmann, Partner at Synergy Capital, noted the progress made in filtering technology and renewable energy. But he criticized the industry’s slow adoption of new solutions. “Innovation is available, but it is not being implemented quickly enough,” he warned.

John Forwood, IT director at Lowell Resource Fund, pointed to Australia’s high carbon footprint in mining. This is due to the higher tape ratios and transportation requirements. He urged companies to link gold projects with important minerals such as antimony to secure permits more easily.

The Committee urged early engagement with local communities. He also called for teaching future generations the vital role of mining. Finally, it recommended the use of robotics and artificial intelligence to enhance efficiency.

Watch the full discussion with TNM podcast host Adrian Pocobelli below: