Title

The Nexus of Illegal Gold Mining and Human Trafficking in Global Supply Chains: Lessons from Latin America

Author Information

Verite

Date of Publication

2016 12:00 AM

Keywords

srhreports, illegalmining, Latin America, illegal mining, Colombia, illegal gold mining, transnational organized crime, Peru, human trafficking, money laundering, environmental damage, corruption

Description

"In-depth research carried out by Verité has found that Latin American countries export staggering amounts of illegally mined gold, which is tied to human trafficking, as well as legal and reputational risks for major companies with gold in their supply chains. The Global Initiative Against Transnational Organized Crime, with which Verité has been closely collaborating, recently released an in-depth report thoroughly documenting the close link between illegal gold mining and organized crime, which fuels violence, environmental damage, corruption, money laundering, displacement, and human trafficking for sexual and labor exploitation. Forthcoming Verité publications include a research report focusing on illegal gold mining in Colombia and a white paper with detailed recommendations for companies and other stakeholders to ensure that illegally mined gold does not enter into company supply chains and the vaults of central banks. This Primer provides analysis of the risk of labor trafficking linked to illegal gold mining in Latin America, drawing upon in-depth field research carried out by Verité in Peru in 2012-2013 and in Colombia in 2015, and desk research carried out across the Latin American region."

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Jan 1st, 12:00 AM

The Nexus of Illegal Gold Mining and Human Trafficking in Global Supply Chains: Lessons from Latin America

"In-depth research carried out by Verité has found that Latin American countries export staggering amounts of illegally mined gold, which is tied to human trafficking, as well as legal and reputational risks for major companies with gold in their supply chains. The Global Initiative Against Transnational Organized Crime, with which Verité has been closely collaborating, recently released an in-depth report thoroughly documenting the close link between illegal gold mining and organized crime, which fuels violence, environmental damage, corruption, money laundering, displacement, and human trafficking for sexual and labor exploitation. Forthcoming Verité publications include a research report focusing on illegal gold mining in Colombia and a white paper with detailed recommendations for companies and other stakeholders to ensure that illegally mined gold does not enter into company supply chains and the vaults of central banks. This Primer provides analysis of the risk of labor trafficking linked to illegal gold mining in Latin America, drawing upon in-depth field research carried out by Verité in Peru in 2012-2013 and in Colombia in 2015, and desk research carried out across the Latin American region."