German and Italian Gold Imports Linked to Amazon's Illicit Mining Boom A recent study by Instituto Escolhas reveals that Germany and Italy are importing significant amounts of Brazilian gold from Amazon regions known for illegal mining. All of Germany’s 1.3 tonnes and 71% of Italy’s 356 kg of Brazilian gold imports in 2023 came from areas with rampant illegal mining activities. The report highlights the need for increased European scrutiny, as current due diligence processes have significant blind spots. Despite EU regulations, about 94% of Brazilian gold imported by these countries has dubious origins, often passing through multiple intermediaries from numerous Amazon gold prospects. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Largest Gold Reserves by Country Visualized READ MORE Gold and Copper Shine Bright: The Start of a Prolonged Bull Market READ MORE Small Business Bankruptcy Relief Shrinks as Subchapter V Expansion Expires READ MORE What Is the FED Hiding? READ MORE Oil Prices Recover Slightly Amid OPEC+ Supply Concerns READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment