Gold's Increasing Role in Global Organized Crime

A recent report highlights the increasing exploitation of artisanal and small-scale gold mining communities by criminal organizations, including mercenaries, terrorists, and drug traffickers. Gold has become a crucial currency in global crime, financing terrorism and facilitating money laundering. The report calls for stronger international cooperation and comprehensive sanctions to disrupt these illicit activities. This development underscores the complex interplay between natural resources and global security.

The illicit gold trade has significant environmental and social impacts, including deforestation, pollution, and human rights abuses. Efforts to combat these issues involve enhancing traceability in the gold supply chain, supporting responsible mining practices, and strengthening law enforcement capabilities. International organizations are working with governments and the private sector to implement measures that address the root causes of illegal gold mining and its associated crimes.