Climate-related risks and opportunities could impact the future prospects of the gold industry, according to World Gold Council (WGC) analysis. The WGC report shows the biggest source of greenhouse gas emissions (GHG) in the gold supply chain comes from energy and fuel use in mine production. WGC chief financial officer Terry Heymann recognises that climate change imposes very substantial risks to the global economy. “Gold … both through decarbonisation efforts and as a compelling investment … are less likely to be negatively impacted by the physical and transition risks associated with climate change,” Heymann said. ... (full story)