Saving the Rhino with Gold Bars

Photo by Frans Van Heerden on Pexels.com

Namibia has the second largest population of white rhinos in the world after South Africa and, according to NGO Save the Rhino, it holds one-third of the world’s remaining black rhinos.

But thousands have been killed by poachers over the last few years and the numbers have declined. According to an NGO, Save the Rhino, between 5,366 and 5,627 Black Rhinos now remain on the planet – making them a species that must be saved from extinction.

The government has responded with rhino rangers, officials and other working together to fight the threat together – but much more needs to be done.

Canadian company B2Gold has planned to make a small contribution. Through its donation of 1,000 ounces of gold (valued at approximately US$1.9 million  from its Otjikoto Mine in northcentral Namibia, B2Gold has produced 1,000 limited edition Namibian Rhino Gold Bars in various sizes. The website says: ‘To celebrate the launch of the campaign in North America, 400 one-ounce gold bars will go on sale on Kitco Metals’ (“Kitco”) retail website’.

Kitco is retailing the gold bars. Each one-ounce bar is available for purchase at the spot price of gold plus a 15% conservation premium.

The premium will be used for the support of rangers, trackers, and black rhino conservation and protection.

“Poaching and the illegal trafficking of animals and their parts is a scourge that takes place around the world and must be stopped,” said B2Gold’s President & CEO, Clive Johnson. “In Namibia, where we work closely with our employees, local suppliers, business partners, the government and non-governmental organizations in so many ways, our collaborative vision for the Rhino Gold Bar was to put a new and innovative funding mechanism for conservation in place that we could all be proud of,” Johnson said.

“Every gold bar purchased helps to combat poaching – by supporting rhino rangers and trackers, which in turn, supports their families and empowers communities to help save a species on the verge of extinction. This is an example of using one precious resource, gold mined in Namibia, to protect another – the world’s critically endangered black rhino population – now and for generations to come.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s