Scandium Canada Ltd. press release

Swiss Court Decision Deals a Blow to Making Gold Industry More Transparent

2023-11-22

TSXV - TSX Venture Exchange · Scandium · Rare Earth Elements · Gold · Canada · ESG & Community

The Switzerland Federal Court has snubbed a requestfrom a Swiss NGO that would require the provision of more detailed data on imported gold and increase transparency in the industry. Gold has attracted the attention of unscrupulous players since time immemorial, and the global gold industry is still inundated with bad players who flout human rights and other laws in their bid to profit from the precious metal.

Refineries are often secretive about the origins of their gold ore, likely because a decent portion is sourced from conflict regions such as...

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