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Gold
An important precious metal in modern electronics and for global financial markets.
A valuable resource
Gold is mainly used by the jewelry industry, but a significant portion is also utilized as an investment in the form of coins and gold bars. Gold is an important economic asset in the global market. Approximately one-third of the world’s total gold reserves are held by the central banks of various countries. Gold has remarkable properties such as high durability, good conductivity, high temperature resistance and resistance to corrosion. As a result, gold is very much in demand within the electronics, aerospace and pharmaceutical industries. Phones and computers are two good examples of products where gold is an important metal.
From electronics and ore
Gold is an important by-metal in our mines and the metal we have produced for the longest time. Approximately a third comes from secondary raw materials, mainly from the recycling of electronic waste. At the mines in Aitik, Garpenberg, Kevitsa, and the Boliden Area, we extract complex ore that contains, among other things, gold and tellurium. This is then refined into gold granules and gold bars at the smelters in Harjavalta and Rönnskär. Gold bars from Rönnskär are approved by the London Bullion Market Association (LBMA).
1 g
Gold is a very ductile metal. A single gram can be hammered to cover an area of one square meter.
Our climate targets
By shifting our intensity targets to absolute targets for 2030, we are now even closer to achieving our goal of setting the industry benchmark.
42%
Reduction in greenhouse gas emissions in Scope 1 and 2 by 2030, with 2021 as the base year.
Contact
Saga Mills
Manager Sales Lead and Precious Metals
[email protected]
NOTE: Boliden’s gold sales are strictly limited to companies.
Links and documents
|
Gold Product Sheet |
Our products and their climate impact
The mining industry lacks a standardized measurement method for carbon dioxide emissions - we want to change that. We believe transparency is the only way to a sustainable and long-term mining and metals industry.