Nordgold
    Quick access
    Headquarters
    Russian Federation
    Stock Exchange Listings
    Not listed
    Workforce
    Employees: 8,331 (31/12/2018)
    Contract workers: Not reported (31/12/2018)
    Total: Not reported (31/12/2018)
    Geographic Footprint
    Producing countries: 4
    Known tax jurisdictions: 13
    Revenues (in BUSD)
    Total Revenue: 1.143 (31/12/2018)
    Net Income: 0.091 (31/12/2018)
    State Ownership
    No State ownership
    2017 Fatalities
    Total worker fatalities: 4
    • Employees: Not reported
    • Contract workers: Not reported
    Others: Not reported
    2018 Fatalities
    Total worker fatalities: 4
    • Employees: 2
    • Contract workers: 2
    Others: Not reported
    Home countries, where the company is headquartered
    Producing countries, where the company has mining operations
    Mine sites selected for mine-site-level assessment

    Summary of Results


    Research for the RMI Report 2020 was conducted in multiple languages (Chinese, English, French, Indonesian, Portuguese, Russian and Spanish). Nevertheless, very little relevant information was found on Nordgold’s policies and practices relating to EESG issues, and the company did not participate in the company-review period. RMF is therefore unable to comment on this company.

    Overall results

    Economic Development

    0.14 / 6.002020

    Business Conduct

    1.00 / 6.002020

    Lifecycle Management

    0.29 / 6.002020

    Community Wellbeing

    0.13 / 6.002020

    Working Conditions

    0.94 / 6.002020

    Environmental Responsibility

    0.44 / 6.002020

    Average Mine-Site Score

    0.3%2020
    2020
    0.14
    score / 6

    Economic Development

    2020
    1.00
    score / 6

    Business Conduct

    2020
    0.29
    score / 6

    Lifecycle Management

    2020
    0.13
    score / 6

    Community Wellbeing

    2020
    0.94
    score / 6

    Working Conditions

    2020
    0.44
    score / 6

    Environmental Responsibility

    2020
    0.3
    %

    Average Mine-Site Score

    Results per measurement area

    Commitment

    (9 indicators)

    Action

    (42 indicators)

    Effectiveness

    (20 indicators)

    Results per indicator

    Economic Development

    Mine-site Results

    Mine sites selected for individual assessment (but not included in the overall company score)
    Bissa-BoulyLefaSuzdalTabornyTaparko
    Local Employment
    (score /3)    		0.00.00.00.00.0
    Local Procurement
    (score /3)    		0.00.00.00.00.0
    Post-Closure Plans
    (score /3)    		0.00.00.00.00.0
    Community Grievances
    (score /3)    		0.00.00.00.00.0
    Worker Grievances
    (score /3)    		0.00.00.00.00.0
    Air Quality
    (score /3)    		0.00.00.00.00.0
    Water Quality
    (score /3)    		0.00.00.00.00.0
    Water Quantity
    (score /3)    		0.00.00.50.00.0
    Tailings Management
    (score /3)    		0.00.00.00.00.0
    Emergency Preparedness
    (score /3)    		0.00.00.00.00.0
    Mine-site Score
    (%)    		0.00.01.70.00.0

    Operational mine sites

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
    Berezitovy-Russian Federation99.91Gold, SilverOpen-pit
    Bissa-Bouly-Burkina Faso90Gold, SilverOpen-pit
    GrossNeryungiRussian Federation100GoldOpen-pit
    IrokindaBuryatzolotoRussian Federation90.6Gold, SilverUnderground
    LefaLero-FayalalaGuinea90GoldOpen-pit
    Suzdal-Kazakhstan100Gold, SilverUnderground
    TabornyNeryungi, TabornoeRussian Federation100GoldOpen-pit
    Taparko-Burkina Faso90GoldOpen-pit
    Zun-HolbaBuryatzolotoRussian Federation90.6GoldUnderground

    Closed mine sites (known)
    (controlled assets under care & maintenance, closure or post-closure management)

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
    AprelkovoPogromnoyeRussian Federation100GoldOpen-pit2017

    Tailings (known)

    NameCountryStatusConstruction MethodImpact-based hazard category (company-reported)
    Not ReportedUnknownNot ReportedNot ReportedNot Reported

    Shareholders (known)

    As of: 31/12/2018Shares (%)
    Mordashov (Alexey and his sons, Kirill and Nikita)99.94%

    Beneficial Owners (known)

    As of: 31/12/2018Shares (%)
    Alexey Mordashov and his sons, Kirill and Nikita99.94

    Subsidiaries (known)

    As of: 31/12/2018Country
    Amur Gold LimitedCyprus
    Bissa Gold SABurkina Faso
    Celtic Resources (Central Asia)UK
    Celtic Resources Holdings LtdIreland
    Centroferve LimitedCyprus
    Chelyabinsk Copper Co LtdUK
    Compagnie Miniere Montagne d’Or SASFrance
    Crew Acquisition CorporationCanada
    Crew Gold CorporationJersey
    Delta Gold Mining Ltd.Jersey
    ?eltic Asian Gold LLPKazakhstan
    Eureka Mining PlcUK
    Guinor Gold CorporationCanada
    High River Acquisition Corp.Canada
    High River Gold Exploration Burkina SARLBurkina Faso

    Tax Jurisdictions (known)

    British Virgin Islands

    Burkina Faso

    Canada

    Cayman Islands

    Cyprus

    France

    Guinea

    Ireland

    Jersey

    Kazakhstan

    Norway

    Russian Federation

    UK

    Investor / State Disputes
    (since 2014)

    No case

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    Disclaimer

    The findings, conclusions and interpretations within this RMI Report 2020 do not necessarily represent the views of funders, trustees, and employees of the Responsible Mining Foundation (RMF), and others who participated in consultations and as advisors to the report.

    This report is intended to be for information purposes only and is not intended as promotional material in any respect. The report is not intended to provide accounting, legal, tax or investment advice or recommendations, neither is it intended as an offer or solicitation for the purchase or sale of any financial instrument. In order to fully understand the methodology of the RMI Report 2020, the respective sections on the website should be consulted.

    The RMI Report 2020 seeks evidence of companies’ policies and practices on economic, environmental, social and governance (EESG) issues, but does not seek to measure the actual outcomes achieved on EESG issues. Results are based only on evidence sourced from the public domain or provided by companies as open data. Whilst this information is believed to be reliable, no guarantee can be given that it is accurate or complete, nor does it preclude the possibility that policies and practices may exist, but which the RMI Report 2020 has not been able to consider for purposes of assessment. In this respect, the results of the low-scoring companies do not necessarily reflect a lack of relevant policies and practices; as they may be due to a lack of public reporting by the companies, limitations in accessing information, and/or any difficulties in accessing the RMI company portal.

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