abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

15 Aug 2006

Author:
James Langman, Washington Times

Socially responsible gold mining urged

...Earthworks and Oxfam America...have organized letter-writing protests and a media campaign asking jewelers not to buy gold from mines that harm the environment and nearby communities. Eight leading jewelers, including Zales, Cartier [part of Richemont], Helzberg [part of Berkshire Hathaway] and Tiffany & Co...have done just that. The response is putting significant pressure on the gold mining industry to reform amid worries about the threat of long-term environmental damage to water, land and livelihoods... To resolve growing concern about how gold is produced, Jewelers of America and other jewelry and mining groups announced in May 2005 the creation of a Council for Responsible Jewellery Practices... International Council on Mining and Metals...Secretary-General Paul Mitchell [said]..."Governments need to regulate more, and companies have to be more cautious in where they put their money...But to say that the industry is universally disruptive is just not true." [also refers to Barrick Gold, Newmont]