US Strategy to Combat Illicit Gold Mining and Protect Supply Chains.
This Act establishes a multi-year US strategy to combat illicit gold mining and trafficking in the Western Hemisphere. The goal is to cut off funding for transnational criminal organizations and terrorist groups, while simultaneously protecting vulnerable communities and the environment from harmful mining practices. For US consumers, this means promoting responsible sourcing to ensure that gold entering the US market is free from links to crime, forced labor, and severe environmental damage.
Key points
Disrupting financial links between illicit gold mining and criminal organizations, drug traffickers, and terrorist groups.
Supporting small-scale miners in Latin America to formalize their operations and adopt environmentally safe, mercury-free mining techniques.
Implementing due diligence and certification systems to ensure responsible sourcing of gold commodities entering the US market.
Targeting regimes in Venezuela and Nicaragua that profit from the illegal gold trade through enhanced financial investigations and sanctions.
Expired
Citizen Poll