Lundin Gold exceeds guidance with record annual production
Gold production reached a record 502,029 oz. in 2024.
Indian miners native to Colombia’s Amazon region depend on the terrorist group known as the FARC to get their tantalum and tungsten to market, explains Colombian miner Javier Garcia in a recent article with Bloomberg.
Miners from Garcia’s town slog through jungle on foot for 100 km just to reach the mine site. After paying the FARC for the right to mine, they spend hours swishing “watery red mud around a flat wooden pan until pebbles containing a metal called tantalum appear.”
The FARC then sells the tantalum and tungsten – metals crucial to the production of smartphones and other mobile devices – across the world in order to “help finance one of the world’s longest-running guerilla wars.”
Read the article in full here.
Related: Colombian armed rebels tighten control over gold mining
Comments
Frankinca
There even is a good side of the FARC. If drug use in the US was legalized, they would be out of business or relegated to a Mafia style organization in Colombia. Like the March of Dimes or other charitable group whose original mission was gained. What to do they do next to keep the leaders and followers in business. Gold mining and petroleum sourcing and even selling clean pure water to Arabs could be another financial source in Colombia. They are great businesses if the FARC invests in them instead of asking for protection money and threatening with other illegal actions. They may become a political group again ( Yes ) who protects the peoples rights and promotes the common people in their efforts to make a living by working hard and reaping enough to feel thankful to their God. They realize that jobs, equality and respect are the things that will count in the long run.