World Gold Council and EITI Join Forces to Strengthen ASGM Governance and Combat Illicit Gold Flows - World Gold Council
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12 October 2026, London - The World Gold Council (WGC) and the Extractive Industries Transparency Initiative (EITI) have signed a three-year Memorandum of Understanding (MoU) to accelerate efforts to improve transparency, governance and formalisation in the artisanal and small-scale gold mining (ASGM) space. The partnership will address corruption, gold smuggling, and illicit financial flows while reducing environmental and social harms, and promoting economic development in gold-producing countries. The agreement establishes a framework to strengthen ASGM governance, improve traceability and support the responsible integration of artisanal gold into formal global supply chains. The organisations will work together to support EITI implementing countries in advancing formalisation efforts and responsible sourcing initiatives. The organisations will collaborate on publications, guidance documents, pilot projects, knowledge-sharing initiatives and international convenings.
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