Colombia’s ‘Blood Gold’ Turns Up in Everything From Smartphones to Cars

  • Delays for Colombia peace bid prolongs criminal ties to gold
  • Prostitution and environmental woes linked to illegal mines
Nicolo Filippo Rosso/Bloomberg
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Deep in the jungles of Colombia, thousands of small, illegal mining operations, many under the control of Marxist guerrillas or drug traffickers, are working long hours to pull gold out of the ground. Miners are digging in out-of-the-way places such as Timbiquí and Río Quito. From there, the gold is hauled by boat, truck or small airplanes to smelters in Cali and Medellin.

Enter the international gold refiners, armed with certificates of good business practices, who buy the gold and in turn, sell to U.S. corporations large and small. Underscoring just how fraught global supply chains can be, the gold finds its way into products ranging from smartphones to cars and gold coinsBloomberg Terminal made by the U.S. Mint.