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✉news WorldWorld first seen 9 h ago, last 2 h ago, peak #18

Gold overtakes cocaine as Peru's top criminal industry

Original: How gold surpassed cocaine as Peru’s most profitable criminal industry

Gold mining has overtaken cocaine as Peru's most profitable criminal enterprise, according to reporting on the country's illegal mining boom. Criminal groups are now earning more from gold extraction and laundering than from drug trafficking, with the precious metal easier to move and disguise than narcotics. The shift highlights how illegal mining is devastating the Peruvian Amazon and fuelling organised crime networks.

Why now: Fresh reporting highlights the dramatic shift in Peru's organised crime economy from drugs to gold.

PeruThe Guardian

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