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Nov 16, 2020 By David Klein, OCCRP, 13 November 2020. OCCRP – The years-long rise in international gold prices has driven a new artisanal gold mining and refining rush in conflict-affected areas in East and Central Africa and has turned the United Arab Emirates into the foremost launderer of such gold
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A new report on illegal mining suggests that South Africa is losing upwards of R14 billion a year to the illicit gold trade. This is substantially more than previous estimates of about R7 billion.
Bakri acknowledged that Algunade exported gold to Dubai in late 2018 but said it had done so at the request of Bashir’s intelligence agency. He denied the firm sold gold to the central bank at a ...
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