Nordgold Publishes 2020 Payments to Governments Report
London, United Kingdom, 29 June 2021 – Nord Gold plc ("Nordgold" or the "Company"), the internationally diversified gold producer, has today published its Report on Payments to Governments for 2020.
The Report has been prepared in accordance with the requirements of the Disclosure and Transparency Rules Instrument 2014, as issued by the Financial Conduct Authority.
In the year ended 31 December 2020, Nordgold paid US$128.0 million in the form of both taxes and contributions for infrastructure improvements to the governments of countries in which it operates. This figure has been calculated in accordance with the accounting standards as set out in the FCA’s Disclosure and Transparency Rules.
The full report may be found here: https://www.nordgold.com/investors/results-and-reports/
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Nordgold is an internationally diversified one million ounce gold producer with about 7,800 people operating a portfolio of nine mines (in Burkina Faso, Guinea, Russia and Kazakhstan) and a number of development and exploration projects in West Africa, Eurasia and the Americas. Since its foundation in 2007, Nordgold has established a global reputation as a leading developer of tier one gold mining assets with a proven commitment to community engagement, sustainability, efficiency and operating in an environmentally responsible manner. Since 2013, Nordgold has successfully constructed three gold mines, including two in Burkina Faso (Bouly and Bissa) and most recently, the Gross mine in Russia.