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In a singular initiative, B2Gold launched its Namibian Rhino Gold Bar marketing campaign to assist assist the conservation and safety of the critically endangered black rhino and the community-based rangers and trackers who defend Namibia’s rhino inhabitants.
The north-west of Namibia is house to the final and largest inhabitants of black rhino on the earth. The realm by which the rhinos roam is a rural space that covers 25 000 km2 with no nationwide park standing.
This text first appeared in Mining Elites in Africa 2021
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The monitoring and security of the rhino inhabitants is basically within the arms of native communities supported by organisations equivalent to Save the Rhino Belief Namibia (SRT), Built-in Rural Growth and Nature Conservation (IRDNC), and Rhino Rangers.
“Mining’s affect on ecosystems has usually been a degree of concern. B2Gold is working onerous to handle this in NW Namibia, house to the final and largest inhabitants of critically-endangered black rhino on the earth.” – Tom Quinn
B2Gold’s initiative has concerned the donation of 1 000 oz of gold from its Otjikoto gold mine in north-central Namibia. The 1 000 restricted version gold bars ensuing from the donation can be found in numerous sizes and can be found for buy on the spot worth of gold plus a 15% conservation premium.
To have a good time the launch of the marketing campaign, 400 one-ounce bars went on sale at Kitco Metals, a retailer of treasured metals, on the finish of July 2020.
Otjikoto, which poured its first gold in 2014, is considered one of solely two gold mines in Namibia and – with a manufacturing of round 165 000 ozpa – by far the largest.
The mine has a powerful dedication to environmental conservation, exemplified by the truth that it has established and maintains an 18 000 ha sport reserve, full with an environmental training centre.
Youngsters from native communities are common guests to the centre. It’s envisaged that the Otjikoto sport reserve will ultimately be linked with the Waterberg Plateau Park.
Proceeds from the sale of the gold bars are being managed and distributed by the Rhino Gold Bar Committee, which incorporates representatives from B2Gold, SRT, IRDNC, the Namibian Chamber of Surroundings and the Namibian Ministry of Surroundings, Forestry and Tourism.
“Commendable and aligning with location and the character of the corporate’s enterprise.” – Andrew van Zyl
Commenting on B2Gold’s initiative, the corporate’s President & CEO Clive Johnson says that it has put in place a brand new and progressive funding mechanism for conservation.
“Each gold bar bought helps to fight poaching – by supporting rhino rangers and trackers, which in flip, helps their households and empowers communities to assist save a species on the verge of extinction,” he says.
“That is an instance of utilizing one treasured useful resource, gold mined in Namibia, to guard one other – the world’s critically endangered black rhino inhabitants – now and for generations to come back.”
The gold bars function symbols of hope for the way forward for the black rhinos. With a hanging picture of a rhino mom and calf on the again, and an iconic picture of Namibia, the Namib Desert, on the entrance, the gold bars are offered in a field product of sustainably harvested materials.
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