In a statement by WGC, Sibanye Gold out of South Africa, and Australian firm OceanaGold Corporation are the new World Gold Council (WGC) members.
WGC chief executive, Aram Shishmanian, commented, “The membership of the World Gold Council is made up of the world’s leading and most forward-thinking gold mining companies, we are therefore, delighted that both Sibanye and OceanaGold have decided to join.”
The largest individual producer of gold in South Africa, Sibanye Gold is among the 10 largest gold producers globally. Sibanye, a responsible corporate citizen, owns and operates gold and uranium projects through Witwatersrand Basin with corporate offices near Westonaria in Gauteng province.
As a rapidly growing multinational gold producer, OceanaGold boasts holding assets in New Zealand, the US and the Philippines. In New Zealand, located on South Island, Macraes Goldfield is the country’s largest operations, a series of open pit mines and Frasers underground mine. The high-grade Waihi Gold Mine operates on the North Island. In addition to the New Zealand mines, the OceanaGold holdings include a large pipeline of Australian growth and exploration.
OceanGold CEO, Mick Wilkes joins Sibanye CEO Neal Froneman on the board of the World Gold Council.
Wilkes stated, “The World Gold Council is uniquely positioned to offer valuable insight and industry leadership in order to secure further growth in the gold market. We are very pleased to join our peers in helping to support this organisation’s significant contributions to a dynamic and sustainable gold market.”
According to the WGC, the new leadership group sets the agenda for sustaining and increasing global gold demand.
The WGC, the gold industry’s market development organization, is the global authority on the gold market providing industry leadership. Only the world’s leading gold mining companies are included in the World Gold Council membership.