Sibanye Gold and OceanaGold Corporation have joined the World Gold Council, the market development organisation for the gold industry. Sibanye is the largest individual producer of gold in South Africa and one of the 10 largest globally. OceanaGold is a rapidly growing multinational gold producer with assets located in the Philippines, New Zealand and the United States.
World Gold Council 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.
In particular, I welcome Neal and Mick to the World Gold Council Board, which is made up of the CEO’s of each of our members. This is a vital leadership group which sets the agenda for sustaining and increasing the demand for gold worldwide”.
“The sustainability of our business and ability to deliver value to stakeholders is dependent on continued and growing demand for gold” said Neal Froneman, Chief Executive Officer at Sibanye. ”As such, we need to ensure that there is a strong market for our products and by joining the World Gold Council we hope to play a greater role in securing and developing the demand for gold.”
“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,” commented Mick Wilkes, President & Chief Executive Officer of OceanaGold.