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State gold-buying programmes. Effective instruments to reform the artisanal and small-scale gold mining sector?

RCS Global

Book/Report, 45 pages

Artisanal and small-scale gold mining provides
a living to some 100 million people, offering huge
potential for rural development. Yet the sector
remains mostly informal and difficult to regulate
despite decades of efforts by governments
around the world to address this. Can state gold-buying
programmes (SGBPs) be an effective tool for
governments – to not only bolster state financial
reserves, but also to reform the sector, raising its
standards and improving its environmental and
social outcomes? And can these programmes
operate in countries that often lack institutional
capacity, infrastructure and stability? This paper
analyses case studies in five countries, drawing
out the challenges and potential factors for
success in developing an effective SGBP.

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RCS Global. 2016. State-sponsored gold-buying programmes. Effective instruments to reform the artisanal and small-scale gold mining sector? IIED, London.