financetom
Economy
financetom
/
Economy
/
The wildcat gold miners who get rich sick
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The wildcat gold miners who get rich sick
Jul 24, 2019 5:04 AM

The wildcat gold miners who get rich sick

SUMMARY

A 2016 report by researchers for the International Institute for Environment and Development estimated a million people in Ghana make a living in what some call artisanal mining, and 4.5 million more depend on it. Sub-Saharan Africa is home to almost one crore such miners, according to a World Bank estimate: At least 6 crore more are reliant on the sector. As miners go for gold, they are poisoning rivers, farmland - and themselves. Miners inhale fumes from explosives used to loosen rocks, and dust coming off crushing machines, which contains heavy metals such as lead. This weakens the lungs. They use mercury and nitric acid, which also cause breathing problems, to leach precious ore out of sediment. Then they toss the chemicals to the ground or into rivers.

By ReutersJul 24, 2019 2:04:18 PM IST (Published)

A young informal gold miner glances out from inside a makeshift gold processing room at the site of Nsuaem-Top, Ghana. REUTERS/Zohra Bensemra

An artisanal gold miner works at the unlicensed mining site of Nsuaem Top in Ghana. REUTERS/Zohra Bensemra

An informal gold miner walks amid dust from rock-breaking machinery at the site of Nsuaem. REUTERS/Zohra Bensemra

An informal gold miner adds mercury to panned material to suck the gold out of the dirt at the site of Nsuaem-Top. REUTERS/Zohra Bensemra

A woman holding a basin stands at an informal settlement made of wood, corrugated iron and plastic sheets. REUTERS/Zohra Bensemra

An informal gold miner pours water over ground-up rock at an angle to wash the heavier gold elements to the bottom at the site of Nsuaem-Top. REUTERS/Zohra Bensemra

An informal gold miner mixes mercury with water and dirt in a plastic tub to extract gold at a site in Bawdie. REUTERS/Francis Kokoroko

Informal gold miners process gold at a site in Bawdie9. REUTERS/Francis Kokoroko

A woman crosses a bridge over a river polluted by gold mining waste. REUTERS/Zohra Bensemra

Chief Nana Boateng poses for a photograph in traditional attire at his house in Bawdie. REUTERS/Francis Kokoroko

A roadside gold trading shack is pictured in Bawdie. REUTERS/Francis Kokoroko

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Kashkari: rates should stay on hold 'for a while longer'
Fed's Kashkari: rates should stay on hold 'for a while longer'
May 15, 2024
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should stay where they are as U.S. central bankers take stock of inflation.    The biggest uncertainty in my mind is how much downward pressure is monetary policy putting on the...
Brazil's central bank fully committed to 3% inflation target, board members say
Brazil's central bank fully committed to 3% inflation target, board members say
May 15, 2024
BRASILIA (Reuters) -Brazil's central bank is firmly committed to pursuing its 3% inflation target, board members said on Wednesday, noting that they share concerns about rising price expectations despite disagreements about lowering interest rates at last week's monetary policy meeting. Governor Roberto Campos Neto stressed that the bank will not shy away from the target, while monetary policy director Gabriel...
US business inventories fall in March
US business inventories fall in March
May 15, 2024
WASHINGTON (Reuters) - U.S. business inventories fell in March, but this could lay the ground for businesses to rebuild stocks and support economic growth in the second quarter. Inventories dipped 0.1% after increasing 0.3% in February, the Commerce Department's Census Bureau said on Wednesday. The drop in inventories, a key component of gross domestic product, was in line with economists'...
Fed gets some good news on inflation progress
Fed gets some good news on inflation progress
May 15, 2024
(Reuters) - Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a government report showing inflation eased a bit in April.    The 3.4% rise in the consumer price index from a year earlier, and the 0.3% increase from March, shows the Fed still has some distance to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved