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Non-Ferrous Metal Mining
CA
updated 18 days ago

Algold Resources Ltd.

Company website

Algold Resources Ltd., a prominent player in the mining industry, is headquartered in Canada and primarily operates in West Africa. Founded in 2004, the company has made significant strides in gold exploration and development, focusing on high-potential projects in regions such as Mauritania and Burkina Faso. Algold is dedicated to advancing its flagship asset, the Tijirit Project, which showcases the company’s commitment to sustainable mining practices and innovative exploration techniques. With a strong emphasis on resource optimisation, Algold Resources Ltd. has positioned itself as a competitive entity in the gold sector, recognised for its strategic partnerships and community engagement initiatives. Through its unique approach to mineral resource development, Algold continues to enhance its market presence, aiming to deliver value to shareholders while contributing positively to the regions in which it operates.

DitchCarbon Score

How does Algold Resources Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

30

Industry Average

Mean score of companies in the Non-Ferrous Metal Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

12

Industry Benchmark

Algold Resources Ltd.'s score of 30 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Algold Resources Ltd.'s reported carbon emissions

Inherited from Aya Gold & Silver Inc.

Algold Resources Ltd., headquartered in Canada, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Aya Gold & Silver Inc., which may influence its climate commitments and emissions reporting. As of now, Algold Resources Ltd. has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy. Given the context of its parent company, Aya Gold & Silver Inc., it is important to note that any climate commitments or emissions data may be inherited from this relationship. However, without explicit figures or targets from Aya Gold & Silver Inc. provided in the current data, it is challenging to detail Algold's specific climate commitments or performance. In summary, Algold Resources Ltd. is currently lacking in publicly available emissions data and defined climate initiatives, reflecting a potential area for future development in sustainability practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20232024
Scope 1
16,466,000
000,000,000
Scope 2
11,347,000
000,000,000
Scope 3
49,704,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Algold Resources Ltd.'s primary industry is Other non-ferrous metal ores and concentrates, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Algold Resources Ltd. is in CA, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Algold Resources Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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