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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.

Boliden’s climate targets

By updating the intensity targets to absolute targets for 2030, we have moved closer still to achieving our aim of being the industry benchmark for climate performance.

40%

Reduction in carbon dioxide 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]

Get in touch

Links and documents

Our statement on our product CO2 footprint

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. We make the life-cycle assessments of our main metals from cradle to gate, without counting carbon credits and offsets. It improves our possibilities to see in which scope we need to make efforts to reduce our carbon dioxide footprint. In this way, we will achieve our vision of being the world's most climate-friendly and respected metal supplier in the world.

Boliden’s climate targets 

By updating the intensity targets to absolute targets for 2030, we have moved closer still to achieving our aim of being the industry benchmark. 

Learn more.

40%

Reduction in carbon dioxide emissions in Scope 1 and 2 by 2030, with 2021 as the base year.

Contact

Boliden Head Office

Boliden Group
Klarabergsviadukten 90
P.O. Box 44, SE-101 20 Stockholm
Tel: + 46 8 610 15 00
Fax: + 46 8 654 80 90