Bright prospects…

28. Juli 2008 | Von atsil | Kategorie: Read the World

Does words like Garimpeiros or Ninjas of Ogoomor, Ilha Bela or Aurul mean anything to you? All these terms are related to this precious metal.

If not, you had have an excellent occasion for more information in a series of articles by the German news-magazine DER SPIEGEL in March 2008. They were about “Dirty Gold”.

The global financial crisis caused a rush demand for long-standig values. Gold - a conservative and scarcely profit-oriented investment of minor risk - is gaining new interest nowadays. Hitting an all-time-high of more than 1,000 USD per oz this popular for thousands of years shiny “raw material”  lived up to its name.
For those who became soiled all over by digging for it gold hardly offers any bright prospects. “I’ve never seen a Garimpeiro (braz. for gold-digger) who became wealthy” - DER SPIEGEL was told by Edson Clayton da Silva, an entrepreneur from a trading post for prospector-equipment in Brazil - Ilha Bella by name.
Source: www.spiritofbaraka.com
Those who accepted the mating call of gold in despair and distress are paying with their health. The profit stays with intermediaries and large scale enterprises. Large scale investments are required either to dig the precious stuff . According to the “No dirty gold”-campaign the cyanide used for leaching gold from ore can is polluting water resources and causes additional health defects to the Garimpeiros. And dumps and stripping of abandoned mines are causing prolonged environmental damages.

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Thousands of children work in African gold mines
By Rukmini Callimachi and Bradley Klapper The Associated Press (IHT)

These hard-working miners include many thousands of children. They work long hours at often dangerous jobs in hundreds of primitive mines scattered through the West African bush. Some are as young as 4 years old.

In a yearlong investigation, The Associated Press visited six of these bush mines in three West African countries and interviewed more than 150 child miners. The agency’s journalists watched as gold mined by children was bought by itinerant traders. And through interviews and customs documents, they tracked gold from these mines on a 4,800-kilometer, or 3,000-mile, journey to Mali’s capital city and then on to Switzerland, where it entered the world market.

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