What’s the cost of illegal mining in Brazil’s Amazon? A new tool calculates it

Read the full story at MongaBay.

The launch of a gold mining impacts calculator this week — a joint project of the Federal Public Ministry and the Conservation Strategy Fund — marks a big step forward in combating illegal mining in the Brazilian Amazon, experts and government agents say.

The new tool was able to estimate damages of $431 million caused by illegal mining in 2020 on the Yanomami Indigenous Reserve, where local leaders have reported several attacks in the past month by miners, following an influx of mining activities since 2019.

Since 2019, Brazil has exported $11 billion in gold, with Switzerland, Canada and the United Kingdom as the top importers; last year alone, these three countries imported $3.5 billion of the precious metal from Brazil.

Improving traceability is another important step to cracking down on the environmentally devastating illegal gold market, says Sérgio Leitão, an expert in the fight against illegal mining in Brazil.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.