Smuggling of African gold on the rise: NGO

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Gold tops $2,000 on Credit Suisse buyout

Billions of dollars’ worth of gold is smuggled out of Africa each year, much of it bound for Dubai before it is legally re-exported to other countries, a Swiss NGO said Thursday. Development NGO Swissaid published a report saying that 321-474 tonnes of African gold produced through artisanal and small-scale mining goes undeclared each year, […]

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