When informal gold mining becomes illegal, the Mr Bigs can take advantage, LBMA warns
One of the major subjects the London Bullion Market Association (LBMA) talked to governments about at the Investing in African Mining Indaba was how to move an informal gold mining landscape to a formal one. “What you otherwise find is that the informal becomes illegal, which becomes criminal and can lead to the tragedy, such as at Stillfontein,” LBMA CEO Ruth Crowell remarked to Mining Weekly in an interview.
One of the major subjects the London Bullion Market Association (LBMA) talked to governments about at the Investing in African Mining Indaba was how to move an informal gold mining landscape to a formal one. “What you otherwise find is that the informal becomes illegal, which becomes criminal and can lead to the tragedy, such as at Stillfontein,” LBMA CEO Ruth Crowell remarked to Mining Weekly in an interview.
