Switzerland’s gold | DW Documentary

00:42:26
https://www.youtube.com/watch?v=kgCFMqgk0u0

Sintesi

TLDRIn this documentary, filmmaker Dave Lines investigates the gold mining industry in Ghana, focusing on the environmental and ethical implications of artisanal mining. He explores the dangers faced by miners, the pollution of local rivers, and the use of toxic substances like mercury. The film highlights Switzerland's significant role in the global gold market, despite having no gold of its own, and discusses the need for stricter regulations to ensure responsible sourcing and transparency in the gold supply chain. Through interviews with local miners, experts, and industry representatives, the documentary sheds light on the challenges faced by communities affected by mining and the potential for reform in the industry.

Punti di forza

  • 🎥 Documentary filmmaker Dave Lines explores gold mining in Ghana.
  • 🏞️ Artisanal mining poses dangers like noise pollution and toxic exposure.
  • 🇨🇭 Switzerland refines a significant portion of the world's gold.
  • 💧 Gold mining has polluted rivers in Ghana, affecting local communities.
  • ⚖️ The Swiss Precious Metals Control Act aims to improve gold sourcing regulations.
  • 🔍 The geo forensic passport helps trace gold origins.
  • 💰 An estimated 430 tons of gold is smuggled from Africa annually.
  • 🌍 Local communities face challenges like inadequate compensation and health risks.
  • 🛠️ Direct business relations with miners could improve conditions.
  • 🌱 Innovative technologies can reduce environmental impact in mining.

Linea temporale

  • 00:00:00 - 00:05:00

    The documentary filmmaker Dave Lines introduces himself and sets the stage for exploring the connection between his blue-green suit, a yellow river in Ghana, and the broader implications of gold mining. He visits a small-scale mine in Ghana, describing the dangerous conditions and methods used by workers to extract gold, highlighting the prevalence of unofficial mining operations in the country.

  • 00:05:00 - 00:10:00

    Lines discusses the significant role Switzerland plays in the global gold industry, despite having no gold of its own. He interviews Mark P8, a lawyer and anti-corruption expert, who explains that a large percentage of the world's gold is refined in Switzerland, raising concerns about the ethical sourcing of this gold, including issues of child labor and environmental degradation.

  • 00:10:00 - 00:15:00

    The narrative shifts to the historical context of Switzerland's gold industry, detailing how political stability and financial strength contributed to its growth. Lines uncovers darker aspects of this history, including the Nazi regime's exploitation of Switzerland for laundering stolen gold and the country's complicity in apartheid-era South Africa, where Swiss banks helped finance the regime.

  • 00:15:00 - 00:20:00

    Lines highlights the current challenges in the gold industry, including the influx of conflict gold and the loopholes in Swiss legislation regarding gold imports. He notes that while Swiss refineries claim to adhere to due diligence standards, the lack of stringent legal requirements allows for unethical practices to persist in the gold supply chain.

  • 00:20:00 - 00:25:00

    The documentary explores the Swiss precious metals industry's call for stricter regulations, as the National Council votes on revisions to the Precious Metals Control Act. Lines interviews representatives from various refineries, revealing their reluctance to engage in transparency and the complexities of tracing gold origins, especially from smaller mines.

  • 00:25:00 - 00:30:00

    In Ghana, Lines investigates the environmental impact of gold mining, particularly on local rivers. He meets with journalists and community members who express concerns about pollution and the destruction of natural resources due to mining activities, emphasizing the need for responsible practices in the industry.

  • 00:30:00 - 00:35:00

    Lines visits industrial mines in Ghana, where he observes high safety standards and community investments by multinational companies. However, he contrasts this with the experiences of local farmers affected by mining operations, who report inadequate compensation and loss of livelihoods due to land acquisition by mining companies.

  • 00:35:00 - 00:42:26

    The documentary concludes with a discussion on the potential for reform in the gold industry, emphasizing the importance of direct relationships between refineries and artisanal miners. Lines advocates for stricter laws in Switzerland to improve conditions for miners in Ghana, suggesting that such changes could lead to better living standards and ethical practices in gold sourcing.

Mostra di più

Mappa mentale

Video Domande e Risposte

  • What is the main focus of the documentary?

    The documentary focuses on the gold mining industry in Ghana and its connections to Swiss refineries, exploring ethical and environmental issues.

  • What are the dangers of artisanal mining?

    Artisanal mining is dangerous due to its slippery conditions, noise pollution, and the use of toxic substances like mercury.

  • How does Switzerland play a role in the gold industry?

    Switzerland has the largest gold refineries in the world, processing a significant portion of global gold production, despite having no gold of its own.

  • What are the environmental impacts of gold mining in Ghana?

    Gold mining in Ghana has led to polluted rivers, deforestation, and health issues due to mercury contamination.

  • What is the 'geo forensic passport'?

    The geo forensic passport is a traceability technology used to ensure the origin of gold from mines to refineries.

  • What are the challenges faced by local communities due to mining?

    Local communities face issues such as land destruction, inadequate compensation, and health risks from pollution.

  • What is the significance of the Swiss Precious Metals Control Act?

    The act aims to strengthen regulations on gold imports to prevent complicity in human rights violations.

  • How much gold is smuggled from Africa annually?

    An estimated 430 tons of gold worth over $30 billion is smuggled from Africa each year.

  • What are the proposed solutions for improving the gold mining sector?

    Proposed solutions include direct business relations with artisanal miners and stricter regulations for refineries.

  • What is the impact of mercury in gold mining?

    Mercury used in gold mining can cause serious health issues and environmental pollution.

Visualizza altre sintesi video

Ottenete l'accesso immediato ai riassunti gratuiti dei video di YouTube grazie all'intelligenza artificiale!
Sottotitoli
en
Scorrimento automatico:
  • 00:00:02
    We have here 37. Let me introduce you to
  • 00:00:05
    the person whose measurements are being
  • 00:00:07
    taken. It's me, documentary filmmaker
  • 00:00:10
    Dave Lines. I'm about to tell you the
  • 00:00:13
    story of how I got this blue green suit,
  • 00:00:18
    why this river in Ghana is so yellow,
  • 00:00:22
    [Music]
  • 00:00:25
    and what all of this has to do with the
  • 00:00:27
    title of this film.
  • 00:00:32
    [Music]
  • 00:00:42
    [Music]
  • 00:00:47
    This is my first time in an unofficial
  • 00:00:49
    small mine and it's very slippery.
  • 00:00:55
    Places like this are called smallcale or
  • 00:00:58
    artistal minds.
  • 00:01:03
    It's almost impossible to talk over the
  • 00:01:05
    running machines. It's better over here.
  • 00:01:11
    They are done with the night shift. They
  • 00:01:12
    are now coming to start the day shift.
  • 00:01:14
    So at night they are also working
  • 00:01:16
    electric light or No, no, there's not.
  • 00:01:18
    They use touch lights. Torch lights.
  • 00:01:21
    Yeah. Okay. For me it seems a bit
  • 00:01:23
    dangerous. It's loud. It's smoky. It's
  • 00:01:26
    slippery. We are used to it. We are not
  • 00:01:29
    used to it. We are used to the noise
  • 00:01:31
    pollution. The smoke actually you don't
  • 00:01:34
    feel it. So maybe to dangerous but it's
  • 00:01:37
    normal.
  • 00:01:55
    The workers use two methods to mine the
  • 00:01:57
    gold. They extracted out of the ground
  • 00:01:59
    with water or dig it out of underground
  • 00:02:02
    tunnels.
  • 00:02:04
    [Music]
  • 00:02:07
    Gold mining takes place across almost
  • 00:02:09
    all of Ghana in unofficial mines like
  • 00:02:12
    this one or bigger industrial ones with
  • 00:02:15
    consequences which I want to take a
  • 00:02:17
    closer look at. But first, we take a
  • 00:02:19
    step back. Why should I, a journalist
  • 00:02:21
    reporting on Switzerland, be interested
  • 00:02:23
    in this? This man knows the answer.
  • 00:02:28
    Mark P8 is a lawyer, anti-corruption
  • 00:02:31
    expert, and author.
  • 00:02:33
    [Music]
  • 00:02:36
    Switzerland plays an astonishing role in
  • 00:02:38
    the gold business. It's a country that
  • 00:02:41
    actually has no gold at all, but it has
  • 00:02:43
    the largest refineries in the world.
  • 00:02:47
    Until recently, 70% of the world's gold
  • 00:02:50
    was refined in Switzerland. Now it's
  • 00:02:53
    maybe 50%.
  • 00:02:55
    That's still higher than anywhere else
  • 00:02:57
    in the world.
  • 00:03:01
    According to the industry association,
  • 00:03:03
    onethird of global gold production is
  • 00:03:05
    currently processed in Swiss refineries.
  • 00:03:08
    The big four are Metalor, Agor Heras,
  • 00:03:13
    MKS Pomp, and Valkcami.
  • 00:03:16
    I'd love to take a look behind the
  • 00:03:18
    scenes of this secretive industry.
  • 00:03:22
    The problem is that a lot of this gold
  • 00:03:23
    is dirty because it involves child labor
  • 00:03:26
    because rainforests being cut down,
  • 00:03:28
    because mercury is being emitted.
  • 00:03:31
    We also have problems with conflict
  • 00:03:33
    gold, which keeps coming into
  • 00:03:35
    Switzerland.
  • 00:03:37
    conflict
  • 00:03:43
    dirty gold in one of the world's
  • 00:03:45
    cleanest countries. The matter caught
  • 00:03:47
    the attention of the United Nations
  • 00:03:50
    which believes that the problems
  • 00:03:51
    originate at the highest level.
  • 00:03:55
    In the year 2023, you sent a letter to
  • 00:03:58
    the Swiss government. What was it about?
  • 00:04:01
    I was uh particularly concerned as
  • 00:04:04
    expressed in that letter about the
  • 00:04:06
    insufficiencies that existed in Swiss
  • 00:04:10
    legislation and policy in regards to the
  • 00:04:14
    imports of gold. And what do you expect
  • 00:04:17
    from the Swiss government? I expect
  • 00:04:19
    Switzerland to strengthen its laws and
  • 00:04:22
    policy and to have clear standards that
  • 00:04:25
    would require its refineries not to
  • 00:04:28
    become complicit and contribute to human
  • 00:04:31
    rights violations overseas, which is the
  • 00:04:33
    current situation. And the way to do
  • 00:04:36
    that is to require strong due diligence
  • 00:04:40
    so that the refineries know where their
  • 00:04:43
    gold is coming from, who produced it,
  • 00:04:46
    and how it was produced. Now, that's
  • 00:04:49
    what I call a clear statement. But
  • 00:04:52
    before I go into that, we'll take a
  • 00:04:54
    detour to the south and back in time.
  • 00:04:59
    How did Switzerland achieve its prime
  • 00:05:01
    position in the global gold industry?
  • 00:05:06
    Three out of Switzerland's four biggest
  • 00:05:08
    refineries are located here in Tino.
  • 00:05:11
    Historically, what's the reason for
  • 00:05:13
    this?
  • 00:05:17
    It's no coincidence that they're in the
  • 00:05:19
    very south of Switzerland, close to the
  • 00:05:21
    Italian border. On the one hand,
  • 00:05:24
    Switzerland has always offered political
  • 00:05:26
    stability,
  • 00:05:28
    so one could stay out of war.
  • 00:05:31
    On the other hand, the financial
  • 00:05:32
    industry, the banks financing these
  • 00:05:34
    transactions, this gold trade were
  • 00:05:37
    already strong. And then there's perhaps
  • 00:05:39
    another reason. Italy always had a
  • 00:05:42
    strong tradition of jewelry making.
  • 00:05:47
    For a long time, Italy was the world's
  • 00:05:49
    largest jewelry producer, making it the
  • 00:05:52
    ideal buyer for gold from Switzerland.
  • 00:05:55
    But there's another shadier side to the
  • 00:05:57
    story, and the banks played a part in
  • 00:05:59
    it.
  • 00:06:01
    Four of the seven biggest gold
  • 00:06:02
    refineries in the world are here in
  • 00:06:04
    Switzerland. What's the historical
  • 00:06:06
    reason?
  • 00:06:10
    Yes, the reasons for this are not very
  • 00:06:12
    uplifting. Originally, it had to do with
  • 00:06:14
    the fact that the Nazis misused neutral
  • 00:06:17
    Switzerland to melt down gold they had
  • 00:06:19
    stolen from national banks,
  • 00:06:25
    but also from Jewish people. In extreme
  • 00:06:28
    cases, even the gold teeth of those they
  • 00:06:30
    murdered.
  • 00:06:34
    This was melted down here and stamped as
  • 00:06:37
    Swiss gold
  • 00:06:39
    and Switzerland received it in exchange
  • 00:06:41
    for Swiss Franks.
  • 00:06:45
    A topic already investigated in another
  • 00:06:47
    documentary.
  • 00:06:49
    The German Reichkes mark was not
  • 00:06:50
    accepted anywhere outside Germany.
  • 00:06:55
    For weapons and raw materials, the Nazis
  • 00:06:58
    needed a strong currency and
  • 00:06:59
    cosmopolitan bankers with few scruples.
  • 00:07:02
    They found both in Switzerland.
  • 00:07:08
    Something similar actually happened with
  • 00:07:10
    apartheid in South Africa where
  • 00:07:12
    Switzerland helped it to circumvent UN
  • 00:07:14
    sanctions.
  • 00:07:21
    During racial segregation, South Africa
  • 00:07:24
    was the world's largest gold producer
  • 00:07:26
    and that's how the controversial state
  • 00:07:28
    was financed.
  • 00:07:30
    Switzerland cashed in heavily on this.
  • 00:07:32
    Each of the four major banks at the time
  • 00:07:35
    built its own refinery.
  • 00:07:40
    [Music]
  • 00:07:43
    That's how the four refineries that
  • 00:07:45
    still exist today were built
  • 00:07:49
    by the four big Swiss banks that helped
  • 00:07:51
    South Africa avoid national bankruptcy.
  • 00:07:56
    It's difficult to oppress a people
  • 00:07:58
    without violence.
  • 00:08:07
    The South African president's heavy hand
  • 00:08:09
    had consequences and economic sanctions
  • 00:08:12
    came into force. But Switzerland didn't
  • 00:08:15
    play along. During that time, over 50%
  • 00:08:19
    of South Africa's gold production
  • 00:08:21
    continued to make its way to
  • 00:08:22
    Switzerland.
  • 00:08:24
    Today, with gold from Russia being
  • 00:08:25
    sanctioned, is something similar
  • 00:08:27
    happening again in Switzerland?
  • 00:08:29
    Yes, something very similar is
  • 00:08:31
    happening. Russian gold is still coming
  • 00:08:34
    into Switzerland today, albeit in a
  • 00:08:36
    roundabout way.
  • 00:08:40
    Since the beginning of the Ukraine war
  • 00:08:42
    in 2022, Switzerland's gold imports from
  • 00:08:45
    Usuzbekiststan and Kazakhstan have
  • 00:08:47
    increased immensely and suspiciously.
  • 00:08:52
    According to their own statements,
  • 00:08:54
    Switzerland's biggest refineries
  • 00:08:56
    voluntarily adhere to the OECD standard.
  • 00:09:00
    This requires them to exercise due
  • 00:09:02
    diligence along the entire supply chain.
  • 00:09:05
    Yet, the only legal requirement in
  • 00:09:07
    Switzerland to date is to indicate from
  • 00:09:09
    whom the gold was purchased. So, let's
  • 00:09:12
    take a step back.
  • 00:09:16
    There is a loophole in Swiss legislation
  • 00:09:18
    regarding due diligence and transparency
  • 00:09:20
    in the origin of gold.
  • 00:09:22
    The competent authority, the precious
  • 00:09:24
    metals control, cannot verify the
  • 00:09:26
    legality of the gold if it only goes
  • 00:09:28
    back to one dealer. I think the fact
  • 00:09:31
    that even the Swiss precious metals
  • 00:09:33
    processes association is calling for
  • 00:09:35
    stricter rules is clear proof that this
  • 00:09:37
    loophole exists.
  • 00:09:41
    Wall Street.
  • 00:09:43
    In March 2025, the National Council, a
  • 00:09:46
    chamber of the Swiss Parliament, voted
  • 00:09:48
    in favor of the requested revision of
  • 00:09:50
    the Precious Metals Control Act. Now, it
  • 00:09:53
    goes to the Council of States. I'm
  • 00:09:55
    curious about an industry which is
  • 00:09:57
    calling for its own stricter regulation
  • 00:10:00
    and was invited to join a media round
  • 00:10:02
    table. We are the umbrella organization
  • 00:10:05
    of the Swiss precious metal industry.
  • 00:10:10
    very often we are compared uh with the
  • 00:10:13
    raw material trading uh segment. This is
  • 00:10:16
    absolutely not the case. Our industry we
  • 00:10:19
    work we work hard. The precious metal of
  • 00:10:24
    dubious origin has no place in
  • 00:10:26
    Switzerland. We have immense immense
  • 00:10:30
    challenges along the chain. We have the
  • 00:10:33
    problem of corruption. We have the
  • 00:10:35
    problem of respecting human rights. We
  • 00:10:38
    have uh child labor problem. We have the
  • 00:10:42
    negative impact on the environment.
  • 00:10:46
    One is never too old to learn.
  • 00:10:49
    We have come to realize that the
  • 00:10:51
    pressure from the public market has
  • 00:10:52
    created a certain need for transparency.
  • 00:10:59
    I knock on the door of Ago Heros, one of
  • 00:11:02
    the biggest refineries in Switzerland. A
  • 00:11:04
    friendly phone call, a week-l long wait,
  • 00:11:08
    and then
  • 00:11:10
    Ago Heros is a global pioneer in the use
  • 00:11:13
    of supply chain traceability technology.
  • 00:11:16
    Unfortunately, we believe that the topic
  • 00:11:18
    cannot be adequately dealt with in a
  • 00:11:20
    short program with a wide variety of
  • 00:11:23
    protagonists and will therefore refrain
  • 00:11:25
    from allowing filming at our premises.
  • 00:11:29
    MKS Pomp is also a member of the
  • 00:11:32
    umbrella organization. After long
  • 00:11:34
    preliminary talks, a short answer.
  • 00:11:37
    Apologies for the late reply. MKS Pomp
  • 00:11:40
    will not participate in this matter.
  • 00:11:43
    [Music]
  • 00:11:45
    That leaves me with a third and final
  • 00:11:47
    major member of the association,
  • 00:11:50
    Metalore in Mavan, French-speaking
  • 00:11:52
    Switzerland.
  • 00:11:54
    And hallelujah, I'm actually allowed in.
  • 00:11:59
    At least in the laboratory where I will
  • 00:12:01
    learn all about the geoforensic passport
  • 00:12:04
    developed jointly with Baba Beck and the
  • 00:12:07
    University of Lausan. Metalor has a huge
  • 00:12:11
    database of rock samples and their
  • 00:12:13
    metallurgical composition from various
  • 00:12:15
    mines around the world. This forms the
  • 00:12:18
    basis for traceability.
  • 00:12:22
    If it comes to gold from big official
  • 00:12:24
    mines, is it possible to trace it back
  • 00:12:27
    from the mine to the refinery in
  • 00:12:30
    Switzerland? Tracing the gold is not
  • 00:12:32
    really a problem. All transport of
  • 00:12:34
    material is done via secure
  • 00:12:36
    transporters. So we know exactly where
  • 00:12:39
    the gold is coming from. The real
  • 00:12:41
    question is how can we ensure that the
  • 00:12:44
    supplier is not adding material from
  • 00:12:47
    illegal source in the material and for
  • 00:12:50
    this the geo forensic passport offer a
  • 00:12:52
    security we cannot have with any other
  • 00:12:54
    technique. It's an analysis of every
  • 00:12:57
    single ingot coming from mine arriving
  • 00:13:00
    at a refinery and we compare the
  • 00:13:02
    signature of that ingot with the
  • 00:13:04
    signature of the supplier. If there is a
  • 00:13:07
    mismatch, we know there may be a problem
  • 00:13:09
    and we investigate further.
  • 00:13:12
    One never stops learning. Gold minded in
  • 00:13:15
    big mines is pre-refined on site. What
  • 00:13:18
    is then sent to Switzerland for refining
  • 00:13:20
    is known in the industry as Dori. And
  • 00:13:24
    here's the thing, in addition to gold,
  • 00:13:26
    Dori always contains silver, copper, and
  • 00:13:29
    all the other metals that can be found
  • 00:13:31
    in the earth in different quantities.
  • 00:13:34
    Their combination makes each mine
  • 00:13:36
    unique.
  • 00:13:41
    There are still something that geo
  • 00:13:42
    forensic passport is not capable of. The
  • 00:13:45
    geo forensic passport is a fantastic
  • 00:13:47
    solution when it comes to mine gold but
  • 00:13:50
    it cannot be applied when material are
  • 00:13:52
    mixed together
  • 00:13:54
    and that's exactly the issue.
  • 00:13:58
    85% of the gold that comes into
  • 00:14:00
    Switzerland has already been melted
  • 00:14:03
    down.
  • 00:14:04
    [Music]
  • 00:14:08
    Gold doesn't disappear. It is
  • 00:14:10
    continuously remelted, refined, remelted
  • 00:14:14
    and refined. So you can have in all
  • 00:14:18
    recycled gold, gold from ancient Egypt
  • 00:14:21
    from Cleopatra. You can have gold that
  • 00:14:25
    was coming from uh the Nazi Germany that
  • 00:14:29
    was stored here and so on.
  • 00:14:33
    I'm now at Valkcami in Tino in terms of
  • 00:14:36
    capacity the biggest gold refinery in
  • 00:14:39
    the world.
  • 00:14:42
    At last I get to see with my own eyes
  • 00:14:44
    how the smelting process actually works.
  • 00:14:49
    The deal is I'm here to talk about
  • 00:14:51
    Valkci's gold traceability measures, but
  • 00:14:54
    I never expected to get access to this
  • 00:14:56
    refinery of all places.
  • 00:15:00
    [Music]
  • 00:15:06
    Valkci is the largest refinery in
  • 00:15:08
    Switzerland. Yet last year, it decided
  • 00:15:10
    to leave the Swiss Association of
  • 00:15:12
    Manufacturers and Traders in Precious
  • 00:15:14
    Metals.
  • 00:15:15
    This may have something to do with the
  • 00:15:17
    fact that Valkcambi is the only refinery
  • 00:15:19
    in Switzerland that still sources gold
  • 00:15:21
    from the United Arab Emirates,
  • 00:15:23
    specifically from Dubai.
  • 00:15:28
    Dubai. By this point, I've heard a lot
  • 00:15:31
    about it. The gold from there is
  • 00:15:33
    divisive in terms of opinions and
  • 00:15:35
    refineries.
  • 00:15:39
    Dubai
  • 00:15:42
    Dubai has very good reliable partners.
  • 00:15:46
    But Dubai is also a center. People know
  • 00:15:49
    that illegal black market criminal gold
  • 00:15:53
    that comes into the country from Africa
  • 00:15:55
    is processed there.
  • 00:15:57
    That's a fact.
  • 00:16:00
    And as I mentioned, we at the
  • 00:16:02
    association are of the opinion that if
  • 00:16:04
    the source cannot be clearly identified,
  • 00:16:06
    we should keep our hands off it.
  • 00:16:12
    But Kambi is the only of the four big
  • 00:16:14
    Swiss refineries which still works with
  • 00:16:17
    gold from Dubai. Yes. And why why is it
  • 00:16:20
    like this? Well, because if you look at
  • 00:16:23
    the numbers, WCAMI has taken around 300
  • 00:16:27
    tons of gold from Dubai last year, more
  • 00:16:30
    or less. Dubai produce 1,300 tons. You
  • 00:16:34
    cannot say I don't take from Dubai
  • 00:16:37
    means you don't receive gold from Dubai
  • 00:16:40
    because the remaining 1,000 tons
  • 00:16:42
    produced from Dubai will flow in the
  • 00:16:45
    market. We prefer to go and take from
  • 00:16:48
    two approved producers in Dubai where we
  • 00:16:52
    do an enhanced due diligence than to say
  • 00:16:56
    we do not take from Dubai and then you
  • 00:16:58
    receive gold from other countries.
  • 00:16:59
    That's why we continue to take the
  • 00:17:02
    position of the association is
  • 00:17:03
    different. We know and that's why we
  • 00:17:06
    decided to leave the association. It's
  • 00:17:08
    not acceptable that you block a country
  • 00:17:11
    because you're not able to do your job.
  • 00:17:13
    Valkcami is confident that they have
  • 00:17:16
    their supply chain under control. To
  • 00:17:18
    check gold from big mines, they use a
  • 00:17:20
    technique similar to the geoforensic
  • 00:17:23
    passport. For gold from smaller mines,
  • 00:17:26
    they're still working on a technique and
  • 00:17:28
    rely on controls.
  • 00:17:31
    How often a year is a mine visited?
  • 00:17:35
    Well, uh, by definition for VCAMI, any
  • 00:17:38
    high-risk counterparty must be visited
  • 00:17:42
    at least once per year. It gets more
  • 00:17:45
    complicated with recycled gold. In this
  • 00:17:48
    case, only close monitoring,
  • 00:17:50
    certification bodies, traders,
  • 00:17:52
    middlemen, previous refineries, and so
  • 00:17:55
    on can help.
  • 00:17:58
    All the information is stored on various
  • 00:18:00
    software.
  • 00:18:02
    Valkcami requires its suppliers to apply
  • 00:18:05
    the same standards of care as it does
  • 00:18:07
    itself. These are verified through
  • 00:18:10
    regular checks.
  • 00:18:11
    [Music]
  • 00:18:15
    I'm in the field in Ghana to take a
  • 00:18:17
    closer look at gold mining and its
  • 00:18:20
    impact.
  • 00:18:22
    So this is what
  • 00:18:24
    mining is doing to our rivers in Ghana.
  • 00:18:28
    almost every part of the country. This
  • 00:18:30
    is what the miners are doing to our
  • 00:18:32
    rivers. This is river Bri. It's one of
  • 00:18:35
    the traditional rivers that you can find
  • 00:18:37
    in Ghana. It serves many communities for
  • 00:18:40
    farming, for household activities and
  • 00:18:42
    all of that. Before the year 2000s, it
  • 00:18:46
    used to be a very clean water or river
  • 00:18:48
    that people depend on it. You get fish
  • 00:18:50
    in there, people use it for farming and
  • 00:18:52
    all of that. But as we speak, this is
  • 00:18:55
    the state. is very tabbed and dirty.
  • 00:18:59
    Ghana is the biggest gold mining country
  • 00:19:01
    in Africa and Switzerland is the biggest
  • 00:19:04
    buyer. Or Pong is a journalist and has
  • 00:19:08
    been reporting on the impacts for his
  • 00:19:10
    home country for years. Testing the
  • 00:19:13
    water would cost $190
  • 00:19:16
    a month's salary, a sum he can't afford
  • 00:19:20
    on his own. We now have to wait 14 days
  • 00:19:23
    for the results. Just enough time for an
  • 00:19:26
    epic journey into the heart of gold
  • 00:19:28
    mining.
  • 00:19:30
    No matter where you go, the precious
  • 00:19:32
    metal plays a role. Our first stop is
  • 00:19:35
    Tarqua, a lively town in the western
  • 00:19:38
    Wasa district.
  • 00:19:43
    Industrial mines have been operating in
  • 00:19:45
    the region for decades.
  • 00:19:49
    Here, one of the largest gold mines in
  • 00:19:51
    Africa is operated by Gold Fields, a
  • 00:19:54
    company from South Africa.
  • 00:19:59
    We confirm that some of the gold mined
  • 00:20:02
    here goes to one of the four big
  • 00:20:04
    refineries in Switzerland.
  • 00:20:08
    For just 1 to 3 g of gold, a ton of rock
  • 00:20:12
    needs to be blasted from this quarry.
  • 00:20:17
    Everything we see here is really big,
  • 00:20:20
    but as far as I can tell, topnotch,
  • 00:20:23
    extremely high safety standards apply.
  • 00:20:25
    We're assured that there is no
  • 00:20:27
    pollution. All the water stays inside
  • 00:20:29
    the mine and is even cleaner than the
  • 00:20:32
    water outside.
  • 00:20:36
    Extensive renaturalization measures are
  • 00:20:39
    in place, and there's no way that dirty
  • 00:20:41
    gold can be smuggled into a shipment
  • 00:20:43
    here. This is backed up by countless
  • 00:20:46
    certifications
  • 00:20:48
    from ICMI to ISO 14,01
  • 00:20:52
    um ISO 45,01, ISO 27,01,
  • 00:20:56
    ISO 50,000 and one. We are a member of
  • 00:21:00
    the world gold council. We are a member
  • 00:21:02
    of the ICMM. We belong to other
  • 00:21:05
    international institutions that ensures
  • 00:21:08
    that we have transparency in um in how
  • 00:21:11
    we mine and sell gold. you are a
  • 00:21:14
    multinational company. I always wonder
  • 00:21:16
    why it's not a Ganian company which
  • 00:21:19
    which owns the the gold here in Ghana.
  • 00:21:23
    So I mean you are and I I I can tell you
  • 00:21:27
    um so we used to have a
  • 00:21:30
    um state um gold mining corporation.
  • 00:21:34
    But I guess over time what we have
  • 00:21:36
    realized is that um companies that are
  • 00:21:39
    run by the state are not run
  • 00:21:40
    efficiently. I mean, you always need um
  • 00:21:43
    private participation. We make sure that
  • 00:21:47
    host countries benefit from what we we
  • 00:21:51
    do here.
  • 00:21:52
    [Music]
  • 00:21:53
    The company has invested 100 million US
  • 00:21:56
    dollars into infrastructure, education,
  • 00:21:58
    and health in the region in recent
  • 00:22:00
    decades.
  • 00:22:02
    The communities themselves decide what
  • 00:22:04
    they need most.
  • 00:22:07
    [Music]
  • 00:22:09
    Just a week before our visit, the most
  • 00:22:12
    urgent need was this football stadium.
  • 00:22:17
    Goldfields has a dedicated department
  • 00:22:19
    for public communications. Dave, nice to
  • 00:22:22
    meet you. What are the challenges? What
  • 00:22:24
    are the negative effect the community
  • 00:22:25
    has with big scale mining? So the
  • 00:22:28
    challenges basically are from the fact
  • 00:22:31
    that they need more. Communities are
  • 00:22:32
    always expecting more from us and as one
  • 00:22:35
    company sometimes you can't do it all.
  • 00:22:38
    This is a developing country and if you
  • 00:22:40
    have a multinational here, the community
  • 00:22:42
    expects that every problem that they
  • 00:22:45
    they have um the company should come in
  • 00:22:47
    to support.
  • 00:22:50
    We're told Goldfields has been operating
  • 00:22:52
    in the area for so long that the big
  • 00:22:54
    battles have long been fought.
  • 00:22:57
    [Music]
  • 00:23:00
    So, off we go to Numant, an allegedly
  • 00:23:03
    notorious mining company. The name isn't
  • 00:23:06
    new to me. I've read about it in Out of
  • 00:23:08
    the Shadows, a report by the Swiss NGO
  • 00:23:11
    Swiss Aid
  • 00:23:18
    in 2023. Business connections between
  • 00:23:21
    the major refineries and their sources
  • 00:23:23
    were made public.
  • 00:23:29
    The report and our own research suggest
  • 00:23:32
    that one of the major Swiss refineries
  • 00:23:34
    sourced gold from Numont and still does
  • 00:23:36
    today.
  • 00:23:38
    [Music]
  • 00:23:40
    Let's see what the people there have to
  • 00:23:42
    say.
  • 00:23:45
    When you come into the community, you
  • 00:23:47
    see the problem. You see a lot of
  • 00:23:50
    problem. All the water bodies in this
  • 00:23:52
    area, you are destroyed them. You have
  • 00:23:54
    some people cruising to the mining
  • 00:23:56
    activity.
  • 00:23:58
    those people when you look at their
  • 00:24:00
    skin, you cry for them. It's a very
  • 00:24:03
    serious and you pay a little
  • 00:24:06
    compensation to take a cocoa farm. The
  • 00:24:10
    law says that when you destroy
  • 00:24:12
    somebody's cocoa farm, you have to pay
  • 00:24:15
    the life expectancy of the crop. But it
  • 00:24:20
    doesn't work. The life expectancy of the
  • 00:24:22
    cocoa tree it can last about 50 to the
  • 00:24:27
    1,700 years in this area and you pay 120
  • 00:24:33
    cities for a whole economic life of the
  • 00:24:35
    cocoa tree. It is the the adequate
  • 00:24:38
    compensation. In my understanding, a
  • 00:24:42
    compensation should be enough that the
  • 00:24:44
    farmer who lost his land, his farmland
  • 00:24:47
    should be able to buy a dequired new
  • 00:24:50
    farmland in the same size to continue
  • 00:24:52
    his work. They only pay the crops. It's
  • 00:24:55
    not the land. When you pay the crops and
  • 00:24:58
    that's money you use to get up for your
  • 00:25:02
    family, the the farm is not there. And
  • 00:25:04
    the same money you use for food, you use
  • 00:25:07
    for everything. How can you buy a land
  • 00:25:10
    from that money? You can't get it. You
  • 00:25:13
    are farmers. You don't have anything to
  • 00:25:15
    farm. So what is the hope?
  • 00:25:18
    You don't have any hope.
  • 00:25:22
    Okay. A 2-hour bumpy drive away, I meet
  • 00:25:26
    this farmer and his family. I have seven
  • 00:25:29
    children. Sis are me and female is one.
  • 00:25:35
    And you all live together? Yeah,
  • 00:25:39
    the family lives together in this room
  • 00:25:44
    just outside the village. Newmont is
  • 00:25:46
    starting a new mining project.
  • 00:25:50
    At the local school, I learned that
  • 00:25:52
    members of the community researched how
  • 00:25:54
    the company had proceeded in neighboring
  • 00:25:57
    regions.
  • 00:26:01
    He started to use military. He started
  • 00:26:04
    to use police. If you have a village or
  • 00:26:06
    a structure within the concession, they
  • 00:26:08
    just go there and demolish the structure
  • 00:26:11
    without compensation, they started
  • 00:26:14
    destroying a lot of villages. If you are
  • 00:26:16
    not fortunate and you meet them, they
  • 00:26:20
    will just beat you up. So through that,
  • 00:26:23
    we decided to find a means to protect
  • 00:26:25
    our properties. So we form an
  • 00:26:28
    association called concerned farmers
  • 00:26:30
    association.
  • 00:26:33
    [Music]
  • 00:26:34
    Neimon decided to use some kind of
  • 00:26:37
    strategy. They came to the community.
  • 00:26:39
    They also organized some people. So it
  • 00:26:41
    became divide and rule. Some of the
  • 00:26:44
    farmers are not educated. So when they
  • 00:26:46
    enter their farms, whatever they they
  • 00:26:48
    write on the compensation sheet, they
  • 00:26:51
    cannot even read. So they just interpret
  • 00:26:53
    it to suit the farmer's ear. So the
  • 00:26:57
    whole community was divided.
  • 00:27:02
    One of the things that bothered the
  • 00:27:04
    farmers was that the surveyors were paid
  • 00:27:06
    by the companies and the entire process
  • 00:27:09
    of surveying their farms was not
  • 00:27:11
    transparent.
  • 00:27:15
    They resisted for as long as they could,
  • 00:27:18
    but eventually their fish ponds, wells,
  • 00:27:21
    chickens, and plantations could not be
  • 00:27:23
    saved.
  • 00:27:26
    The government supported the company.
  • 00:27:29
    Yes. The government came in to take the
  • 00:27:32
    possession of the land
  • 00:27:35
    and did you have any chance to resist
  • 00:27:37
    this? No, we no you have nothing to do
  • 00:27:41
    to resist them because government has
  • 00:27:44
    taken possession.
  • 00:27:46
    He says the only compensation he's
  • 00:27:48
    received to date has been six times the
  • 00:27:51
    equivalent of $17
  • 00:27:53
    to rent a place for his family to live.
  • 00:27:55
    Those who are not part of the
  • 00:27:57
    association they have got their
  • 00:27:59
    composition but at the moment they all
  • 00:28:01
    crying. Some of them started to put up a
  • 00:28:04
    bum and some of them reach a dwarf stage
  • 00:28:07
    and the money is finished. Let me use
  • 00:28:09
    this. The whole in future the whole
  • 00:28:11
    community is doing
  • 00:28:14
    [Music]
  • 00:28:19
    change of scene. Same precious metal
  • 00:28:22
    different impact. This town is booming.
  • 00:28:31
    Tens of thousands, mainly young men,
  • 00:28:34
    have been drawn to this place for years,
  • 00:28:36
    attracted by the gold rush.
  • 00:28:41
    [Music]
  • 00:28:50
    I meet my guide who has worked his way
  • 00:28:52
    up from simple shoveler to the finance
  • 00:28:55
    here of this small mine. The excavator
  • 00:28:58
    has to run around the clock to make the
  • 00:29:00
    investment worthwhile.
  • 00:29:12
    [Music]
  • 00:29:17
    The excavated material is sipped through
  • 00:29:20
    in two 9-hour shifts,
  • 00:29:26
    but no nuggets are found here. Only tiny
  • 00:29:28
    stones with gold particles.
  • 00:29:32
    They get stuck in the sheets and are
  • 00:29:34
    collected. How much do one machine get
  • 00:29:37
    per 9 hour shift? Uh let me say about 3
  • 00:29:42
    g 4 g per shift. $200 for six workers a
  • 00:29:46
    day. Yeah. Per day. Yeah. The police
  • 00:29:49
    sometimes comes and stops. Yeah. Yeah.
  • 00:29:51
    Police sometimes come. Sometimes
  • 00:29:52
    military sometime please and then they
  • 00:29:55
    take all the machines with them or how
  • 00:29:56
    can No, no. They can't take the machines
  • 00:29:58
    with them. They have to stop it.
  • 00:29:59
    Sometimes they destroy the machines.
  • 00:30:01
    Sometimes they don't when they come here
  • 00:30:02
    they don't do anything. They just talk
  • 00:30:05
    to us on how we can do responsible
  • 00:30:07
    mining without destroying the water
  • 00:30:10
    bodies and after that we reclaim the
  • 00:30:11
    land.
  • 00:30:14
    There are not much other job
  • 00:30:16
    opportunities in the area. No no no
  • 00:30:18
    there's no apart from mining. There's no
  • 00:30:20
    factory here. There's nothing apart from
  • 00:30:22
    the mining. Only farming would be only
  • 00:30:25
    farming. Majority of the population
  • 00:30:27
    prefer mining to farming.
  • 00:30:32
    Once the material has been sd several
  • 00:30:34
    times, mercury is used. That's right,
  • 00:30:37
    the liquid heavy metal that can have
  • 00:30:39
    serious health consequences, including
  • 00:30:41
    causing mal forations in newborn babies.
  • 00:30:45
    [Music]
  • 00:30:49
    One thing it does well, it binds to gold
  • 00:30:52
    particles.
  • 00:30:57
    Once this happens, it is then separated
  • 00:31:00
    from the gold.
  • 00:31:05
    The toxic fumes dissipate and here's the
  • 00:31:08
    result.
  • 00:31:13
    [Music]
  • 00:31:16
    That was intense. Next, I go to talk to
  • 00:31:20
    experts at the University of Minds and
  • 00:31:22
    Technology in Tarqua.
  • 00:31:24
    When we talk of the negative impact on
  • 00:31:27
    the small scale mining, one of the
  • 00:31:29
    biggest is the environmental impact. I'm
  • 00:31:31
    looking at disturbing our water bodies
  • 00:31:33
    abandoned pits all over which serves as
  • 00:31:36
    a breeding ground for sometime
  • 00:31:38
    mosquitoes and also as a dead trap to
  • 00:31:40
    children or farmers. We also have air
  • 00:31:43
    issues areas where amalgamation burning
  • 00:31:45
    of the mercury happens. you have some
  • 00:31:47
    mercy vapor in the atmosphere which also
  • 00:31:50
    definitely pollutes the environment and
  • 00:31:52
    also has um health implication. I
  • 00:31:55
    already did an interview with some of
  • 00:31:56
    the gold refineries in Switzerland. One
  • 00:31:59
    of the big four in Switzerland decided
  • 00:32:02
    not to buy gold from smallcale mining
  • 00:32:04
    anymore. What does a decision like this
  • 00:32:07
    mean for the society in Ghana? I would
  • 00:32:09
    tell them straight away to heavily
  • 00:32:11
    invest in the small scale mining sector.
  • 00:32:13
    The reason being that one um the number
  • 00:32:16
    of people that depend on the sector is a
  • 00:32:18
    lot. 4 million people out of 30 million
  • 00:32:21
    are depending on the sector. The
  • 00:32:24
    question is is it a sector we should
  • 00:32:25
    neglect? No. I believe so much in the
  • 00:32:28
    small scale mining sector. They can
  • 00:32:30
    source responsibly. The Swiss team
  • 00:32:33
    please come on board. We know Swiss have
  • 00:32:35
    good standards. You have good stand.
  • 00:32:37
    We've heard about the Swiss watches and
  • 00:32:40
    the Swiss staffs. We believe that if you
  • 00:32:42
    also get involved, we could learn from
  • 00:32:46
    you guys and better the system. But when
  • 00:32:48
    you stay away from the sector, it won't
  • 00:32:50
    get better.
  • 00:32:52
    There's no shortage of brilliant ideas
  • 00:32:55
    and they're surprisingly simple. This
  • 00:32:58
    machine from the company commodity
  • 00:33:00
    monitor carries out the final step in
  • 00:33:02
    the gold mining process without using
  • 00:33:05
    mercury or any chemicals. You watch from
  • 00:33:08
    here. You know there are some sleeves in
  • 00:33:10
    it. So the gold gets stuck on it. Yes.
  • 00:33:13
    Yes. The trick is in having several
  • 00:33:15
    layers. The first level gets about 90%
  • 00:33:19
    of the gold, you know, and then the
  • 00:33:21
    second and third gets the rest. So you
  • 00:33:24
    see see right you have the eye, you see
  • 00:33:26
    the gold that stuck in between. See the
  • 00:33:30
    yellowish in between the mats. You know,
  • 00:33:32
    a machine like this costs between$2 and
  • 00:33:35
    $3,000.
  • 00:33:37
    An expense that would quickly pay for
  • 00:33:39
    itself, but it's a big investment for
  • 00:33:42
    the small miners. How many of these can
  • 00:33:44
    you produce in a year? In a year, you
  • 00:33:46
    can produce millions. And how many are
  • 00:33:47
    in use already? There are about 30
  • 00:33:49
    miners in Ghana using it. And actually,
  • 00:33:52
    some in Guinea using it and then some in
  • 00:33:54
    Zambia using it.
  • 00:33:58
    I want to know more about the trading
  • 00:34:00
    process in Ghana. So, I investigate.
  • 00:34:05
    So, I saw you have a shop for buying and
  • 00:34:08
    selling. Yeah, sure. Could we go inside
  • 00:34:11
    to try a little talk? Yeah.
  • 00:34:14
    Or Pong has already told me that sales
  • 00:34:17
    here are very straightforward.
  • 00:34:20
    I go to the river. I take out some gold.
  • 00:34:23
    I'm lucky. I have a lucky day. I find
  • 00:34:25
    two grand. I walk in here. It puts it on
  • 00:34:29
    the way. I give me the money and I walk
  • 00:34:30
    away. That's all. That's all. That's
  • 00:34:32
    all. And all this is completely without
  • 00:34:34
    any documentation. Nobody wants to know
  • 00:34:37
    where the gold is coming from. No, no,
  • 00:34:39
    no, no, no. There is no documentation.
  • 00:34:40
    Is there any documentation? No. So it is
  • 00:34:43
    very difficult the process very
  • 00:34:46
    difficult to trace the gold and where it
  • 00:34:48
    is coming from. It mixes up. So somebody
  • 00:34:52
    came to him, he he buys it, another
  • 00:34:55
    person from somewhere else also brings
  • 00:34:57
    it, he buys it. Like the process
  • 00:34:59
    continues like that. Then at the end of
  • 00:35:01
    the week he gives it to another person
  • 00:35:03
    who will now merge all those different
  • 00:35:06
    ones together as one gold and that makes
  • 00:35:09
    it very difficult to trace the source
  • 00:35:11
    where the gold is coming from. It's
  • 00:35:14
    impossible. It's impossible. No wonder
  • 00:35:16
    so much gold disappears undeclared from
  • 00:35:18
    the country and continent.
  • 00:35:22
    We published a study on African gold
  • 00:35:24
    flows.
  • 00:35:25
    The idea was to find out how much gold
  • 00:35:27
    is produced and exported legally and
  • 00:35:30
    illegally.
  • 00:35:32
    We came to the conclusion that in 2022
  • 00:35:35
    more than $430 tons of gold worth over
  • 00:35:38
    $30 billion was smuggled from the
  • 00:35:41
    African continent.
  • 00:35:45
    The precious minerals marketing company
  • 00:35:47
    in Acra. This is where all gold that
  • 00:35:50
    leaves Ghana legally is registered. We
  • 00:35:53
    have an appointment with the boss. Swiss
  • 00:35:56
    NGO did a large study. They came to the
  • 00:35:59
    finding that each year between 20 and 30
  • 00:36:01
    tons of gold leave Ghana undeclared. Do
  • 00:36:05
    you think this is realistic? No, I do
  • 00:36:08
    not think that figure is accurate. Yes,
  • 00:36:11
    there is some um smuggling that goes on,
  • 00:36:16
    but I would give it a figure of about
  • 00:36:19
    anywhere between five tons to up to a
  • 00:36:22
    maximum 10 tons in the gold producing
  • 00:36:26
    area. I randomly visited some of the
  • 00:36:28
    small shops which are selling and buying
  • 00:36:31
    gold and all of them told me that
  • 00:36:34
    there's absolutely no documentation.
  • 00:36:36
    Okay. So, I was wondering if this is
  • 00:36:38
    legal. Well, as far as that is
  • 00:36:41
    concerned, that is illegal
  • 00:36:44
    because per first of all, PMMC issues
  • 00:36:49
    trading licenses. Without that license,
  • 00:36:52
    you cannot be trading in gold. Now,
  • 00:36:54
    those licenses also come with terms and
  • 00:36:57
    conditions. You must actually capture
  • 00:37:00
    data
  • 00:37:01
    on who you are buying the gold from, how
  • 00:37:05
    much you are buying the gold for, what
  • 00:37:07
    quantity you are buying it at, details
  • 00:37:10
    of the person you are selling the gold
  • 00:37:12
    to, and you are supposed to file monthly
  • 00:37:16
    returns
  • 00:37:18
    of all of this information. Yeah, that's
  • 00:37:20
    good to hear. And I really hope that it
  • 00:37:22
    will work because when I was in this
  • 00:37:26
    area, I didn't have the impression that
  • 00:37:28
    it that the people over there already
  • 00:37:30
    know about this. Perhaps um with this
  • 00:37:32
    information you are giving me what it
  • 00:37:34
    then means is that we need to also
  • 00:37:37
    emphasize on sensitization. We need to
  • 00:37:40
    do more as far as uh sensitization is
  • 00:37:43
    concerned. All in all, not so bad.
  • 00:37:47
    I compliment him on his smart suit and
  • 00:37:50
    the next morning at the hotel I receive
  • 00:37:52
    a voucher.
  • 00:37:55
    T7
  • 00:37:59
    a customized suit for free hospitality
  • 00:38:03
    demonstration of power. I'm not that
  • 00:38:05
    easy to buy.
  • 00:38:10
    I am a western lawyer, anti-corruption
  • 00:38:13
    activist and also environmental
  • 00:38:15
    militant. Most of our leaders are
  • 00:38:18
    involved in this corruption.
  • 00:38:21
    They contribute to the illegal export of
  • 00:38:24
    our gold and they contribute also to the
  • 00:38:28
    illegal import of the mercury. I'm very
  • 00:38:31
    close to one of the biggest gold
  • 00:38:34
    traffickers in Ghana. I can even say in
  • 00:38:38
    West Africa. He told me many evidence
  • 00:38:41
    about how the gold leave Ghana to Dubai.
  • 00:38:44
    They have a very very restrictive
  • 00:38:48
    network here in Ghana in the airport in
  • 00:38:52
    which some official are involved
  • 00:38:55
    includes some politicians, some powerful
  • 00:38:57
    persons. If a a gold dealer want to
  • 00:39:02
    export four tons for example for example
  • 00:39:06
    he just need to declare like two tons
  • 00:39:10
    and the other two tons leave the Ghana
  • 00:39:13
    is equally their client in Dubai they
  • 00:39:16
    will let the customer in Dubai knows
  • 00:39:18
    about it and they fill all the
  • 00:39:21
    formalities before the gold come. So the
  • 00:39:24
    process is very very simple.
  • 00:39:27
    The precious metal leaves the country.
  • 00:39:29
    As to what's left behind, we now have
  • 00:39:32
    that in black and white. 0.1 mg of
  • 00:39:36
    mercury per liter. Exactly at the WH
  • 00:39:39
    limit. Still enough for serious
  • 00:39:41
    consequences. Plankton absorbs the
  • 00:39:44
    mercury which is consumed by fish and
  • 00:39:46
    then by larger predators. Also the
  • 00:39:49
    turbidity in the water is 100 times
  • 00:39:51
    higher than the safe limit and iron is
  • 00:39:53
    30 times higher than allowed in
  • 00:39:55
    Switzerland. So hardly any fish can
  • 00:39:58
    survive here. There is no fee in this
  • 00:40:00
    country. If government do not take some
  • 00:40:02
    measure there is no feature. In less
  • 00:40:04
    than 40 years nothing can grow there.
  • 00:40:08
    They will degrade all the soils all the
  • 00:40:10
    lands. They know that the mercury is not
  • 00:40:12
    good. They know they know it's a poison.
  • 00:40:15
    They know that this is suicide, but they
  • 00:40:18
    don't care because they are surviving.
  • 00:40:20
    Please proceed.
  • 00:40:23
    Now,
  • 00:40:24
    the last conversation has stuck with me,
  • 00:40:27
    and I'm wondering after all I've seen
  • 00:40:29
    and heard, especially about the scale of
  • 00:40:31
    the problem, what a change in the law in
  • 00:40:33
    far away Switzerland, might possibly
  • 00:40:35
    achieve.
  • 00:40:40
    If we really have a law that obliges
  • 00:40:42
    refineries to know where their gold
  • 00:40:44
    comes from and how the gold has come
  • 00:40:46
    onto the market, they would ask the
  • 00:40:48
    question as to whether it would not be
  • 00:40:50
    better for them to have direct business
  • 00:40:52
    relations with the mine in the country
  • 00:40:53
    where the gold was extracted and no
  • 00:40:55
    longer work with intermediaries.
  • 00:41:00
    We have to tackle the problem at the
  • 00:41:01
    source. We have to engage with the
  • 00:41:04
    artisal miners and really buy directly
  • 00:41:06
    from these people.
  • 00:41:09
    That's the best way to improve their
  • 00:41:10
    living conditions, to increase their
  • 00:41:12
    income, and to ensure they work under
  • 00:41:15
    acceptable conditions.
  • 00:41:19
    If such strict laws were to come into
  • 00:41:21
    place, wouldn't the refineries just move
  • 00:41:23
    to other countries where such laws don't
  • 00:41:26
    apply?
  • 00:41:29
    perhaps, but that wouldn't harm
  • 00:41:31
    Switzerland at all. Switzerland doesn't
  • 00:41:34
    benefit much financially from these
  • 00:41:36
    refineries.
  • 00:41:40
    That wouldn't be a big problem for
  • 00:41:42
    Switzerland, but would it not improve
  • 00:41:44
    things in the mining countries?
  • 00:41:48
    That's right. I mean, the Swiss
  • 00:41:50
    refineries are still among the better
  • 00:41:51
    ones.
  • 00:41:53
    So from that point of view, as long as a
  • 00:41:56
    refinery is in Switzerland, there's a
  • 00:41:58
    better chance that things will improve.
  • 00:42:03
    [Music]
  • 00:42:23
    [Music]
Tag
  • Gold Mining
  • Ghana
  • Switzerland
  • Environmental Impact
  • Artisanal Mining
  • Mercury Pollution
  • Ethical Sourcing
  • Swiss Refineries
  • Human Rights
  • Traceability