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Friday, September 20, 2013

Peru may start buying gold from wildcat miners

"We are now evaluating the appropriateness of having Banco de la Nacion make purchases," Pulgar-Vidal said at the sidelines of a mining conference. "It is being studied, but has not been discussed at the cabinet level yet."
Informal gold mining has spread rapidly and largely without supervision across swaths of Amazonian rainforest in South America over the past decade.
In the past two years the damage done to Peru's forests by gold mining in the Amazonian Madre de Dios region has doubled, according to the government.
Wildcatters dump more than 70 t of mercury, the toxic, liquid metal is used separate gold from rock, into rivers and forests in Peru every year, according to the organisation Mercury Watch.
http://www.miningweekly.com/article/peru-may-start-buying-gold-from-wildcat-miners-2013-09-20

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