LBMA Responsible Gold Guidance
LBMA’s Responsible Sourcing Programme (the Programme) protects the integrity of the global supply chain for the wholesale precious metals markets. It was set up to consolidate, strengthen and formalise the existing standards of the LBMA Good Delivery Refiners’ due diligence practices. LBMA was actively involved in drafting the OECD Due Diligence Guidance and its Gold Supplement and continues to support the OECD’s work in supply chain due diligence and related projects. The LBMA Responsible Gold Guidance (RGG) has been in force since 2012 and in line with the evolution of best practices and standards for responsible sourcing.
Vital to the credibility of the LBMA Programme is its broad scope, which includes measures to combat money laundering, terrorist financing and human rights abuses globally. In addition, the Programme has also been developed to recognise the increasing importance of strong Environmental, Social and Governance (ESG) responsibilities.Read More
BGR Certified Trading Chains
The German Institute for Geosciences and Natural Resources (BGR) developed the Certified Trading Chains (CTC) approach and has implemented it at the pilot scale with its national partners in Rwanda (2009-2011) and, in adapted form, in the DRC (2009-2016). The CTC was adopted by the Congolese government as part of a technical partnership with BGR.
The CTC scheme is designed to certify responsible mining and trade of minerals, with a focus on tin, tungsten, tantalum and gold. The scheme is geared to addressing the specific challenges that are associated with artisanal mining, and emphasises feasibility and impact in an artisanal context. The CTC standard places emphasis on the processes towards the achievement of performance targets.
In 2019, the CTC manual was updated for the DRC and retropectively applied to the copper-cobalt sector, with no certifications to date.Read More