Brazilian gold
In any case, Germany imported around 1.3 tons of gold from Brazil from the state of Amazonas in 2023. Last year, Italy imported almost 360 kilograms of gold from the states of Pará and Sao Paulo, among others. Wild gold mining has increased significantly there in recent years. Sao Paulo, for example, produces no gold at all, but is an important transshipment point for gold sales and exports. The European Union is trying to take action against the sale of illegally sourced gold with strict rules. Incidentally, the main importer of Brazilian gold is Canada. The gold is exported from legally licensed mines. The second largest buyer of Brazilian gold is Switzerland. Great Britain is in third place. Switzerland’s gold imports from Brazil, of which around 70 percent is exported to the EU, are said to include gold from illegal mines.
If investors focus on mining stocks, they know where the gold comes from. Fortuna Mining and Vizsla Silver, for example, have gold and silver in their underground mines.
Fortuna Mining – https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ – (formerly Fortuna Silver Mines) is already a successful producer. The projects are located in Mexico, Peru, Burkina Faso, Argentina and the Ivory Coast.
Vizsla Silver – https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ – also owns gold and silver; the Panuco project is also located in Mexico. Visible gold has even been found there.
Current company information and press releases from Vizsla Silver (-https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Fortuna Mining (- https://www.resource-capital.ch/en/companies/fortuna-mining-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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