Tag: illegal gold

• Friday, March 5th 2021 - 08:40 UTC

  Colombia and Peru want to centralize gold purchases to combat illegal extraction

  

  Colombia and Peru are studying the possibility of centralizing gold purchases, in an effort to combat illegal and informal extraction. Colombian President Ivan Duque said his government is considering the move to stymie the role illegal mining plays in fueling a decades-long internal conflict.

• Tuesday, March 19th 2019 - 20:59 UTC

  Venezuelan gold crisis: US imposes sanctions on state mining company

  

  United States Treasury Department announced new sanctions on Venezuelan state-run ferrous metals mining Company, Minerven, and its President, Adrián Antonio Perdomo on Tuesday for promoting “illicit” gold operations that have continued to prop up the regime of President Nicolas Maduro.