Gold
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Illegal gold mining is a growing problem in Nigeria that is benefiting terrorist groups, causing violence and increasing pollution. Residents of mining areas blame Chinese nationals who set up and oversee mining and refining operations. Tension continues to rise around these pit mines. Locals accuse Chinese miners of collaborating with extremist militants, corrupting government officials,…
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Spanish police say they have seized 11 pieces of ancient gold jewellery taken out of Ukraine in 2016. Five people are suspected of attempting to sell the pieces and have been arrested in recent weeks. They include two Ukrainians, one of them an Orthodox Church priest, and three Spaniards. The jewellery, which is worth about…
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Russia is dumping US dollars and snapping up gold in an effort to move away from American assets, Bloomberg reports. Vladimir Putin has been amassing gold for a decade now, quadrupling the nation’s bullion reserves, but 2018 marked a record as the country bought 274 tons of bullion worth about $11 billion. Meanwhile, Russia…
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