Headquarters
Russian Federation
Stock Exchange Listings
Not listed
Workforce
Employees: 8,190 (31/12/2020)
Contract workers: Not Reported (Not Reported)
Total: Not Reported (Not Reported)
Geographic Footprint
Producing countries: 4
Known tax jurisdictions: 13
Revenues (in BUSD)
Total Revenue: 1.861 (31/12/2020)
Net Income: 0.578169 (31/12/2020)
State Ownership
No State ownership
2019 Fatalities
Total worker fatalities: 5
  • Employees: 3
  • Contract workers: 2
Others: Not Specified
2020 Fatalities
Total worker fatalities: 1
  • Employees: 0
  • Contract workers: 1
Others: Not Specified
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

Economic DevelopmentBusiness ConductLifecycle ManagementCommunity WellbeingWorking ConditionsEnvironmental Responsibility0%20%40%60%80%100%
  • Nordgold
  • RMI average
  • Collective Best Score

Absolute results remain low overall and Nordgold’s results are largely dependent on the formal commitments it has made, including on preventing bribery and corruption, on ensuring safe and healthy working conditions, and on not exploring or mining in World Heritage Sites.

Nordgold’s results are below the average in all thematic areas and the company’s overall results are limited by a lack of evidence of commitments and action on many key issues. For example, there is no evidence of Nordgold considering national socio-economic development plans in its decision making, planning for the management of post-closure transition for workers and affected communities, or disclosing information on how climate change can exacerbate the environmental impacts of its operations.

Nordgold shows evidence of improvement since the RMI Report in 2020, including formally committing to respect human rights in compliance with the UN Guiding Principles on Business and Human Rights and disclosing information on payments to national and regional governments.

Nordgold ranks 22nd among the 40 companies on its mine-site-level results, with an average score of only 7% in the mine-site assessment. The results of the seven Nordgold mine sites in the mine-site assessment are strikingly weak. None of these mine sites show any relevant evidence on eight of the fifteen issues covered: local employment, air quality, water quality, safety of communities, safety of workers, women workers, living wage, and worker grievances.

Overall results

Economic Development

7.10 / 100.002022
2.00 / 100.002020

Business Conduct

28.10 / 100.002022
16.00 / 100.002020

Lifecycle Management

8.30 / 100.002022
4.00 / 100.002020

Community Wellbeing

10.20 / 100.002022
2.00 / 100.002020

Working Conditions

22.40 / 100.002022
13.00 / 100.002020

Environmental Responsibility

17.30 / 100.002022
9.00 / 100.002020

Average Mine-Site Score

7%2022
2022
7
%
2020
2
%

Economic Development

2022
28
%
2020
16
%

Business Conduct

2022
8
%
2020
4
%

Lifecycle Management

2022
10
%
2020
2
%

Community Wellbeing

2022
22
%
2020
13
%

Working Conditions

2022
17
%
2020
9
%

Environmental Responsibility

2022
7
%

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)

Click on a mine site name to open its individual result page
BerezitovyBissa-BoulyIrokindaLefaSuzdalTabornyTaparko
Local Employment
(score /4)
0.00.00.00.00.00.00.0
Local Procurement
(score /4)
0.51.00.51.00.00.51.0
Air Quality
(score /4)
0.00.00.00.00.00.00.0
Water Quality
(score /4)
0.00.00.00.00.00.00.0
Water Quantity
(score /4)
1.01.01.01.01.01.01.0
Rehabilitation and Post-Closure
(score /4)
0.50.50.50.50.50.50.5
Tailings Management
(score /4)
0.50.00.50.50.00.00.5
Safety of Communities
(score /4)
0.00.00.00.00.00.00.0
Community Grievances
(score /4)
0.50.50.50.50.50.50.5
Safety and Health of Workers
(score /4)
0.00.00.00.00.00.00.0
Women Workers
(score /4)
0.00.00.00.00.00.00.0
Workplace Deaths and Injuries
(score /4)
1.01.01.01.01.01.01.0
Training of Workers
(score /4)
0.00.00.00.50.00.00.0
Decent Living Wage
(score /4)
0.00.00.00.00.00.00.0
Worker Grievances
(score /4)
0.00.00.00.00.00.00.0
Mine Site Score
(%)
7.07.07.08.05.06.08.0

Operational mine sites

Mine Site NameAliases/Other namesCountryCompany's share (%)ProductsMining types
Berezitovy-Russian Federation99.91Gold, SilverOpen-pit
Bissa-Bouly-Burkina Faso90Gold, SilverOpen-pit
GrossNeryungiRussian Federation100GoldOpen-pit
IrokindaBuryatzolotoRussian Federation90.6Gold, SilverUnderground
LefaLero-FayalalaGuinea92.5GoldOpen-pit
Suzdal-Kazakhstan100Gold, SilverUnderground
TabornyNeryungi, TabornoeRussian Federation100GoldOpen-pit
Taparko-Burkina Faso90GoldOpen-pit
Zun-HolbaBuryatzoloto, KholbinskyRussian Federation90.6GoldUnderground

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

Mine Site NameAliases/Other namesCountryCompany's share (%)ProductsMining typesYear of closure
AprelkovoPogromnoyeRussian Federation0GoldOpen-pit2017

Tax Jurisdictions (known)

British Virgin Islands

Burkina Faso

Canada

Cayman Islands

Cyprus

France

Guinea

Ireland

Jersey

Kazakhstan

Norway

Russian Federation

UK