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Report

29 Jul 2016

Author:
Verite

Human trafficking risks in illegal gold mining in Latin America

"The Nexus of Illegal Gold Mining and Human Trafficking in Global Supply Chains"

Research carried out by Verité has found that Latin American countries export staggering amounts of illegally mined gold tied to human trafficking. This presents legal and reputational risks for major companies with gold in their supply chains.... Latin American countries, along with Canada (which is a major conduit for Latin American gold), constitute all top ten exporters of gold to the United States. In several Latin American countries, unregulated illegal and informal mines account for over 75 percent of gold produced...