Study finds surge in illegal gold mining in Brazil | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
May 16, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, MAY 16, 2025
Study finds surge in illegal gold mining in Brazil

Global Economy

BSS/AFP
07 September, 2022, 11:50 am
Last modified: 07 September, 2022, 11:56 am

Related News

  • Brazil police foil bomb plot targeting packed Lady Gaga concert in Rio
  • Woman jailed for 14 years in Brazil after 'lipstick coup'
  • Brazil urging tougher emissions goals ahead of climate summit: sources
  • Supporters gather in Sao Paulo to back Bolsonaro as he faces trial
  • Global youth climate leaders to gather in Brazil for historic summit ahead of COP30

Study finds surge in illegal gold mining in Brazil

BSS/AFP
07 September, 2022, 11:50 am
Last modified: 07 September, 2022, 11:56 am
An employee takes granules of 99.99 percent pure gold at the Krastsvetmet non-ferrous metals plant, one of the world's largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia November 22, 2018. REUTERS/Ilya Naymushin
An employee takes granules of 99.99 percent pure gold at the Krastsvetmet non-ferrous metals plant, one of the world's largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia November 22, 2018. REUTERS/Ilya Naymushin

The sharp rise in gold prices has driven a surge of illegal mining in Brazil, much of it in the Amazon rainforest, according to a study published Tuesday.

Gold output in Brazil, the world's 14th-biggest producer last year, has soared since the coronavirus pandemic pushed international prices to record highs.

Of the 112 tonnes of gold produced in Brazil last year, at least seven percent was illegal and 25 percent potentially illegal, found the study from the Federal University of Minas Gerais (UFMG).

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"From 2020 to 2021, there was a 44-percent increase in the amount of illegal gold produced," said the study.

The trend continued basically unchanged in the first six months of 2022, it found.

Lucrative profits are driving a gold rush in the Brazilian Amazon, where the amount of deforestation for mining set a record of 121 square kilometers (47 square miles) last year, according to satellite monitoring by the national space agency, INPE.

The study found at least 23 percent of mining deforestation in the Amazon, a key buffer against climate change, was on Indigenous reservations, conservation areas and other officially protected lands.

Illegal wildcat miners with links to organized crime have violently attacked Indigenous inhabitants in some areas, and studies show the mercury they use to separate gold from sediment is contaminating rivers.

The study found the vast majority of Brazil's illegal gold output -- 98 percent -- came from three municipalities in the northern state of Para, with the Kayapo and Munduruku Indigenous groups particularly hard-hit.

Federal prosecutors have urged President Jair Bolsonaro's government, which faces international criticism over the accelerating destruction of the Amazon, to adopt stricter controls on the origin of gold.

Prosecutors estimate the social and environmental damages from illegal gold mining at 39 billion reais ($7.5 billion) from January 2021 to June 2022, the study said.

That is nearly equal to Brazil's total estimated gold revenues for the period, 44.6 billion reais.

Total tax revenues from gold mining meanwhile came to less than two percent of the damages.

"The harm (from wildcat gold mining) in the Amazon affects everyone... but the profits generated by these operations are concentrated among just a few," the study's lead author, engineer Bruno Manzolli, told AFP.

World+Biz

gold mine / gold mines / Gold mining / Gold Miners / Brazil

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Jagannath University students gather at Kakrail on 16 May 2025. Photo: Mehedi Hasan/TBS
    JnU students continue Kakrail sit in, hunger strike after Jummah prayers amid DMP ban on rallies, demos
  • Students of Jagannath University during continuation of their protest for the third day at Kakrail on 16 May 2025. Photo: Syed Zakir Hossain/TBS
    UGC, JnU in meeting to find solution to ongoing protest
  • Students of Jagannath University continue their protest for the third day at Kakrail on 16 May 2025. Photo: Mehedi Hasan/TBS
    JnU students’ Kakrail blockade: What we know so far

MOST VIEWED

  • Up to 20% dearness allowance for govt employees likely from July
    Up to 20% dearness allowance for govt employees likely from July
  • Infographics: TBS
    Textile sector under pressure; big players buck the trend
  • Shift to market-based exchange rate regime – what does it mean for the economy?
    Shift to market-based exchange rate regime – what does it mean for the economy?
  • Representational image. Photo: TBS
    Prime mover workers to go on nationwide strike tomorrow
  • Rais Uddin, general secretary of the university's teachers' association, made the announcement while talking to the media last night (15 May). Photo: Videograb
    JnU teachers, students to go on mass hunger strike after Friday prayers
  • Representational image. Photo: ADEK BERRY / AFP
    Dollar steady at Tk122.50, experts say more time needed to realise impact

Related News

  • Brazil police foil bomb plot targeting packed Lady Gaga concert in Rio
  • Woman jailed for 14 years in Brazil after 'lipstick coup'
  • Brazil urging tougher emissions goals ahead of climate summit: sources
  • Supporters gather in Sao Paulo to back Bolsonaro as he faces trial
  • Global youth climate leaders to gather in Brazil for historic summit ahead of COP30

Features

Hatitjheel’s water has turned black and emits a foul odour, causing significant public distress. Photo: Syed Zakir Hossain

Blackened waters and foul stench: Why can't Rajuk control Hatirjheel pollution?

29m | Panorama
An old-fashioned telescope, also from an old ship, is displayed at a store at Chattogram’s Madam Bibir Hat area. PHOTO: TBS

NO SCRAP LEFT BEHIND: How Bhatiari’s ship graveyard still furnishes homes across Bangladesh

1d | Panorama
Sketch: TBS

‘National University is now focusing on technical and language education’

2d | Pursuit
Illustration: TBS

How to crack the code to get into multinational companies

2d | Pursuit

More Videos from TBS

Can Hamza's Sheffield break a century-long curse to reach the Premier League?

Can Hamza's Sheffield break a century-long curse to reach the Premier League?

49m | TBS SPORTS
Season's First Mango Harvest Begins in Rajshahi

Season's First Mango Harvest Begins in Rajshahi

2h | TBS Today
Ben Cohen arrested for protesting US support for Israel

Ben Cohen arrested for protesting US support for Israel

14h | TBS News Updates
What is the secret behind the success of Pakistan's Chinese J-10C fighter jet?

What is the secret behind the success of Pakistan's Chinese J-10C fighter jet?

14h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net