Conflict Minerals: Forget Diamonds, the New Conflict Commodity Is Gold

Jun 16, 2020 | Tim Treadgold, Forbes
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If Leonardo DiCaprio is available, he would be perfect for a starring role in a sequel to his 2006 Oscar-nominated performance in Blood Diamond with a near-record price triggering multiple conflicts in another precious commodity, gold. From Africa to Australia, gold has been in the headlines for the wrong reason recently as smugglers rush to catch a price north of $1,700 an ounce and one of the world’s premier gold refineries gets named for allegedly processing “conflict gold.”