US EditionIllegal Gold Mining Surges in Africa as Gangs Exploit Abandoned Shafts
4 Articles
4 Articles
Illegal gold mining surges in Africa as gangs exploit abandoned shafts
Gold prices have reached historical highs in 2025, trading above $2 500 (approximately R46 750) per ounce, representing a significant increase from 2023, driven by geopolitical uncertainty and central bank purchases. Small-scale and artisanal mining now contributes a significant portion of global gold production, particularly in Africa and Latin America. Organised crime groups, including drug cartels, increasingly fund illegal mining operatio…
Criminal gangs exploit gold’s boom, fuelling violence, environmental damage, and laundering billions through global trading hubs.
Folha de S.Paulo
UOLAccording to the gold globes, the residents of Stilfontein, a pack of South African cities surrounded by mines from the gold mine age or from the pac, as they have noticed some me-c-accompanied threat. Read more (08/21/2025)
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