The rise of illegal gold mining in Africa
In South Africa, a months-long standoff between police and illegal gold miners has resulted in over 100 deaths. This surge in illegal gold mining has highlighted the growing dangers of the industry. Zinhle Essamuah traveled to West Africa to explore the forces driving the dark side of the gold rush.
Why the gold boom is causing a surge in illegal mining
In challenging economic and geopolitical times, investors bet on gold for its ability to store value. Gold prices hit record highs last year, with some analysts forecasting the precious metal could reach $3,000 an ounce by the end of 2025. But the boom has also been linked to a surge in illegal gold mining.
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Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and ...
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, ...
The Mollie Kathleen Gold Mine elevator breakdown was “not attributed to current mine practices or equipment malfunctions,” ...
JOHANNESBURG (Reuters) -South African authorities have pulled at least 60 bodies from the shaft of a closed gold mine more ...
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