Nonregulation of mining industry causes illegal mining to thrive, says expert

  • 📰 ewnreporter
  • ⏱ Reading Time:
  • 18 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 51%

Ewn Nachrichten

Ewn News,News,Eyewitness News

Gold extracted from beneath the earth illegally, is quickly moved through a sophisticated value chain and absorbed into the legal market.

JOHANNESBURG - Some energy and mining researchers have labelled illegal mining in South Africa as a multilayered and unregulated industry that continues to thrive.

A researcher at the University of Cape Town and the Bench Marks Foundation, Dr Nteboheng Phakisi-Portas, explained how the value chain of illegal mining works. “Gold will then be sold to a licenced dealer and then ends up being injected into the formal economy and finally you’ll have this gold being sold to the international market.”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 35. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen