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Nearly 30% of Brazil's gold exports are illegal, report says
By Lisandra Paraguassu
Reuters
Monday,August 30, 2021
BRASILIA -- Roughly 28% of Brazilian gold exports in 2019 and 2020 likely came from illegal mines, a report by public prosecutors and the Federal University of Minas Gerais found, pointing to widespread forging of documents and lack of effective law enforcement.
The report found indications of illegality related to 48.9 tonnes of gold in the two-year period.
... Dispatch continues below ...
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Awakening a Sleeping Giant in Ghana: Asante Gold Acquires Past-Producing Bibiani Mine
From Golden Opportunities / Gold Newsletter
Metairie, Louisiana
Tuesday, August 17, 2021
Asante Gold (ASE.CN; ASGOF.OTC) has just acquired a past-producing gold mine in Ghana that boasts near-term production potential and huge upside.
With the move, Executive Director Malik Easah is seeking to repeat his success with Cardinal Resources, another gold company with a Ghana project that he recently sold for A$600 million.
It’s a deal that came like a bolt from the blue.
Just a few weeks ago Asante Gold catapulted itself from a relatively sleepy gold story into a major development-stage company set to breathe new life into Ghana's huge, past-producing Bibiani mine. ...
... For the remainder of the report:
https://goldnewsletter.com/go081721/
Wildcat miners in Brazil often extract gold from areas where no mining is allowed, such as protected nature reserves or indigenous land.
That mining, done without regard to environmental regulations, drives deforestation in the Amazon rainforest and has been shown to poison rivers with mercury. ...
... For the remainder of the report:
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