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Topic: artisanal-mining

A gold mining site in South Africa
Business
Saturday, 6/27, 08:08 AM

Africa digs the gold. Others pocket the profit.

  • Africa produces more than a quarter of the world's gold and sits on an estimated 40% of its reserves — yet the refining, trading and biggest profits flow overseas, and hundreds of tonnes leave the continent each year through smuggling, depriving African states of billions in revenue.

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