A new report released by the World Gold Council (WGC), in partnership with the Rt. Hon Dominic Raab, sheds light on the dark side of the artisanal and small-scale gold mining (ASGM) industry. The report, titled “Silence is Golden,” reveals how this sector, responsible for a significant portion of the world’s gold supply, is being exploited by criminal networks to fund wars, terrorism, and organised crime.
The report highlights the critical issues plaguing the ASGM industry. The absence of transparency within businesses and governments hinders the implementation and enforcement of legal standards, it notes.
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