Report by Global Mining Research

David Radclyffe’s latest report examines the GHG reporting structures and emission reduction/mitigation plans for gold stocks covered by Global Mining Research (GMR). Interestingly, scope 1 & 2 GHG intensity increased by 35% for CO2-e t/GEO from 2015 to 2021, highlighting the challenges ahead for miners to achieve reduction targets. Within the GMR universe, Barrick continues to provide the clearest pathway. Newmont has a list of GHG initiatives, while GFI and NST provide timelines to 2030. Most other gold miners need to lift their game as few show a tangible commitment to GHG reduction.