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Tuesday, 07/05/2016 9:47:12 AM

Tuesday, July 05, 2016 9:47:12 AM

Post# of 63744
OT http://www.bloomberg.com/news/articles/2016-07-05/congo-illegal-gold-trade-benefits-foreign-companies-group-says

Gold production has increased exponentially in Congo from almost nothing in 2011 to 25.5 metric tons (820,000 ounces) last year, as commercial mines run by London-listed Randgold Resources Ltd. and Toronto-based Banro Corp. have started up. Officially, only 583 kilograms of gold was produced by artisanal and small-scale miners last year, but Congo’s Chamber of Mines in February said that as much as 400 kilograms of illegal gold leave the South Kivu province alone every month.


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