Statement from Gold Corporation Chair Sam Walsh
As a WA State-owned organisation, The Perth Mint takes Environmental, Social and Governance (ESG) reporting very seriously and is vigilant in its assessments of the companies from which it sources gold and other metals for processing.
Chair of Gold Corporation, Sam Walsh, today reinforced The Perth Mint’s commitment to its ethical, robust and best practice processes.
“I have initiated an independent third-party review of The Perth Mint’s audit processes. The review will also assess the arrangements with licensed counterparties that may deal with Artisanal Smallscale Mining (ASM),” Mr Walsh said.
“Effective immediately as part of this process, The Perth Mint has suspended relationships with all companies and aggregators dealing with ASM.”
The Board has undergone a process of renewal in the past two years with four new Directors appointed.
Mr Walsh confirmed he remained confident that The Perth Mint complies fully with all regulatory requirements and the responsible gold guidelines set out by the global gold industry’s governing bodies.
The Perth Mint welcomes AUSTRAC outcome
Gold Corporation, trading as The Perth Mint, has voluntarily entered an Enforceable Undertaking with the Australian Transaction Reports and Analysis Centre (AUSTRAC).