Up to 40 Tons of Gold ‘Mined Illegally in Africa Yearly’
from Truth In Gold
About 100 tons of gold — equivalent to half South Africa’s annual output — was mined throughout Africa each year by artisanal miners, of which between 20 and 40 tons was extracted through illegal means and possibly fuelled conflict on the continent, Rand Refinery CEO Howard Craig said on Monday.
Speaking at the Mining Indaba in Cape Town, Mr Craig said it was almost impossible for refineries to determine if the gold sent to them from small-scale miners was being used to fuel conflict or crime.
AngloGold Ashanti’s executive vice-president for Africa, Robert Duffy, said his company estimated that between 25kg and 35kg of gold was mined a month by artisanal miners in Tanzania alone.
“It is extremely difficult to determine the scale and the output of these artisanal miners as they are all unregulated,” he said.
Continue Reading at TruthInGold.com…
2013-02-05 08:15:33
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