China-Linked Gold Syndicates Driving Toxic Mining Boom in Indonesia | Metals Mine

  • China-Linked Gold Syndicates Driving Toxic Mining Boom in Indonesia

    From investingnews.com

    Remote hillsides in Indonesia are being stripped bare and villages are grappling with poisoned soil, all due to a growing illicit gold trade that investigators say is being driven in large part by Chinese syndicates. A Washington Post exposé based on satellite imagery, trade data, public records and interviews across three continents, found that these operations, which are being bankrolled by private Chinese investors, are far beyond the reach of local authorities, often running without interference from local police. In Indonesia’s Lantung region, gold trader Heru Hairuddin expressed concern, telling the news ... (full story)

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