Some European gold refineries say they are no longer sourcing any material from Africa’s artisanal miners, who can’t provide the tracking paperwork their clients demand.
But in Congo, exporters are still finding routes to get gold from remote regions to market.
Research into the effect of Dodd-Frank by a UN Group of Experts last year found that while it had cut the sums earned from tungsten, tin and tantalum mining used to support warlords and buy guns, it had not had the same effect on the gold industry.
“It’s so easily smuggled,” Fred Robarts, coordinator of the Group of Experts’ report said by telephone from Kinshasa. “The total volume of gold moving is still quite high.”
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