Royal Canadian Mint sources gold from Colombian cartel-controlled mines
Updated
Updated · The New York Times · Apr 27
Royal Canadian Mint sources gold from Colombian cartel-controlled mines
12 articles · Updated · The New York Times · Apr 27
A New York Times investigation reveals the Mint has knowingly acquired gold from Colombian mines run by the Clan del Golfo drug cartel.
Despite claims of ethical sourcing and advanced traceability technologies, the Mint included gold from regions linked to cocaine trafficking and paramilitary violence.
This finding highlights ongoing challenges in verifying the origins of gold in the global market, with both Canadian and US mints implicated in sourcing from illicit supply chains.
If Canada's government-backed Mint funds cartels, is any gold truly clean?
Why did the Mint’s advanced blockchain tracker fail to stop cartel gold?
Will the Canadian government hold its own mint accountable for this scandal?
Is foreign demand for gold now fueling Colombia's escalating violence?
With gold more profitable than cocaine, are our banks ready for this shift?
Could new AI and satellite tech finally expose these illicit supply chains?