Gold

Maduro: Venezuela Sitting On 2nd Biggest Gold Reserve On Earth

November 10, 2018 Staff, Venezuelanalysis.com Educate! Gold, Inter-Imperialist Rivalry, Sanctions, Venezuela

President Nicolas Maduro announced a new set of measures in the Venezuelan gold industry to combat the U.S. imposed sanctions, which he described as “crazy” and “criminal,” accusing the North American country of blocking, and raising the price of food and medicine imports into the country. The U.S. government announced a new set of sanctions against the Latin American country last week, potentially limiting their gold exports, as announced by the national security senior advisor John Bolton. The sanctions already prohibited institutions, business and anyone from giving any kind of financial support to the Bolivarian Revolution. Maduro answered Bolton’s comments during a televised speech, saying Venezuela is currently certifying 32 gold fields.

Bank Of England Refusing Venezuelan Request To Return $550 Mln In Gold

November 8, 2018 Staff, Sputniknews.com Educate! Banks, Gold, United Kingdom (UK), Venezuela

Earlier, Caracas indicated that it was looking to repatriate some 14 tons of gold bars back from the UK out of concern that the bullion may be affected by harsh US sanctions against the Latin American country. The Bank of England is refusing to release Venezuela's gold bars, worth about $550 million or £420 million, back to Caracas, with British officials understood to have referred to "standard" anti-money laundering measures, The Times reports, citing unnamed sources. "There are concerns that Mr. [Nicolas] Maduro may seize the gold, which is owned by the state, and sell it for personal gain," the newspaper explains. On Tuesday...

Greek State Prosecutes 21 Environmental Defenders

October 14, 2018 Dimitri Lascaris, The Real News. Educate! Environment, Gold, Greece, Mining

This is Dimitri Lascaris, reporting for The Real News Network from the courthouse in Thessaloniki, Greece, the second largest city in the country. We are here today for the first day of a trial against 21 local residents involving charges of various criminal offenses in connection with an alleged arson at the gold mine of Eldorado Gold in Halkidiki, Greece. Eldorado Gold Corporation is a Canadian gold mining company. It has assets in Canada, Turkey, Greece, Romania, Brazil and Serbia. It’s headquartered in Vancouver, British Columbia, and its shares are listed on the stock exchanges of Toronto and New York.

Genocide: Goldminers “Massacre” Uncontacted Amazon Indians

September 13, 2017 Staff, www.survivalinternational.org Educate! Amazon, Genocide, Gold, Indigenous Peoples, Mining

By Staff of Survival International - Public prosecutors in Brazil have opened an investigation after reports that illegal goldminers in a remote Amazon river have massacred “more than ten" members of an uncontacted tribe. If confirmed, this means up to a fifth of the entire tribe have been wiped out. Two goldminers have been arrested. The killings allegedly took place last month along the River Jandiatuba in western Brazil, but the news only emerged after the goldminers started boasting about the killings, and showing off “trophies” in the nearest town. Agents from Brazil’s indigenous affairs agency, FUNAI, confirmed details of the attack to Survival International. Women and children are believed to be among the dead. FUNAI and the public prosecutor’s office are currently investigating. The area is known as the Uncontacted Frontier, as it contains more uncontacted tribes than anywhere else on Earth. Several government teams who had been protecting uncontacted indigenous territories have recently had their funding slashed by the Brazilian government, and have had to close down.

Romania Seeks World Heritage Status For Transylvania Village

January 7, 2017 Paola Totaro and Claudia Ciobanu, www.af.reuters.com Resist! Gold, Mining, Romania

By Paola Totaro and Claudia Ciobanu for Reuters - LONDON, Jan 6 (Thomson Reuters Foundation) - Romania has asked the United Nations to make a Transylvanian village boasting 18th century houses and intact Roman mining shafts into a World Heritage site in a surprise 11th hour move that could protect it from a gold mine project. The request to list Rosia Montana was announced as the government of Dacian Ciolos handed over power this week to the incoming Social Democrat Prime Minister Sorin Grindeanu, who won elections last month. Romania's outgoing culture minister said in a statement late Thursday that a request had been sent to the U.N. Educational, Scientific and Cultural Organization (UNESCO).

Romania Says No To Europe’s Largest Gold Project

November 12, 2013 Frik Els, www.mining.com Resist! Gold, Mining, Romania

After months of street protests across Romania against Canada's Gabriel Resources proposed gold mine at Rosia Montana, the parliamentary commission appointed to rework the project rejected it. Toronto-listed Gabriel (TSE:GBU) was trading nearly 11% lower in early afternoon trade on Monday on the news, although Romania Insider reports "this is not the end for the gold mining project, as the Parliament is expected to draft a new law." The $311 million counter is down 65% this year as plans to develop an open-cast mine which once in production will be Europe’s largest producing 500,000oz/year, face increasing opposition from environmental and community groups.

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